August 2012 Market Report is Now Available

Download now: August 2012 Market Report 

YTD (January 1 – August 2011 vs January 1 – August 2012) Single Family Highlights:
Increase in the Number of Closed Sales to 25,071 (up 17.5%)
Average Days on Market decreased to 81 days (from 107 days)
Number of Active Listings decreased 32.6% to 9,060
Average Sold Price increased 7.2% (from $281,964 to $302,329)
Units Placed Under Contract increased 21.5% to 32,637
Total Sales Volume increased 25.9% from $6 billion to $7.6 billion

YTD (January 1 – August 2011 vs January 1 – August 2012) Condo/Town Home Highlights:
Increase in the Number of Closed Sales to 6,092 (up 15.0%)
Average Days on Market decreased to 83 days (from 119 days)
Number of Active Listings decreased 44.7% to 1,766
Average Sold Price increased (up 10.8% from $158,593 to $175,660)
Units Placed Under Contract increased 16.3% to 7,711
Total Sales Volume increased 27.4% from $840 million to $1.2 billion


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