July 2013 Market Report is Now Available

 Download now: July 2013 Market Report

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

•Increase in the Number of Closed Sales to 25,827 (up 21.0%)
•Average Days on Market decreased to 55 days (from 84 days)
•Number of Active Listings decreased 8.8% to 8,286
•Average Sold Price increased 10.4% (from $300,658 to $331,780)
•Units Placed Under Contract increased 23.8% to 35,212
•Total Sales Volume increased 33.5% from $6.4 billion to $8.6 billion
•Absorption Rate decreased from 3.0 months to 2.2 months

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

•Increase in the Number of Closed Sales to 6,475 (up 26.0%)
•Average Days on Market decreased to 51 days (from 86 days)
•Number of Active Listings decreased 0.1% to 1,739
•Average Sold Price increased 11.4% (from $174,229 to $194,064)
•Units Placed Under Contract increased 36.6% to 9,161
•Total Sales Volume increased 40.4% from $895 million to $1.3 billion
•Absorption Rate decreased from 2.4 months to 1.9 months


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