June 2013 Market Report is Now Available

 Download now: June 2013 Market Report

YTD (June 2012 vs June 2013) Single Family Highlights:

•Increase in the Number of Closed Sales to 20,970 (up 19.0%)
•Average Days on Market decreased to 59 days (from 89 days)
•Number of Active Listings decreased 16.7% to 7,558
•Average Sold Price increased 10.2% (from $298,075 to $328,427)
•Units Placed Under Contract increased 21.4% to 29,460
•Total Sales Volume increased 31.1% from $5.3 billion to $6.9 billion
•Absorption Rate decreased from 3.1 months to 2.2 months

YTD (June 2012 vs June 2013) Condo/Town Home Highlights:

•Increase in the Number of Closed Sales to 5,228 (up 23.5%)
•Average Days on Market decreased to 55 days (from 89 days)
•Number of Active Listings decreased 12.0% to 1,629
•Average Sold Price increased 12.3% (from $170,799 to $191,744)
•Units Placed Under Contract increased 32.8% to 7,507
•Total Sales Volume increased 38.7% from $723 million to $1 billion
•Absorption Rate decreased from 2.6 months to 1.9 months


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