July 2012 Market Report is Now Available

The July 2012 Market Report is Now Available! 

YTD (January 1 – July 2011 vs January 1 – July 2012) Single Family Highlights:
Increase in the Number of Closed Sales to 21,341 (up 17.5%)
Average Days on Market decreased to 84 days (from 109 days)
Number of Active Listings decreased 35.2% to 9,087
Average Sold Price increased 6.8% (from $281,597 to $300,658)
Units Placed Under Contract increased 22.1% to 28,446
Total Sales Volume increased 25.4% from $5.1 billion to $6.4 billion

YTD (January 1 – July 2011 vs January 1 – July 2012) Condo/Town Home Highlights:
Increase in the Number of Closed Sales to 5,137 (up 14.1%)
Average Days on Market decreased to 86 days (from 121 days)
Number of Active Listings decreased 51.2% to 1,740
Average Sold Price increased (up 11.0% from $156,921 to $174,229)
Units Placed Under Contract increased 18.8% to 6,706
Total Sales Volume increased 26.7% from $706 million to $895 million


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