September 2013 Market Report is Now Available

 Download now: September 2013 Market Report

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

•Increase in the Number of Closed Sales to 33,927 (up 20.2%)
•Average Days on Market decreased to 51 days (from 79 days)
•Number of Active Listings decreased 0.7% to 8,635
•Average Sold Price increased 10.1% (from $302,809 to $333,508)
•Units Placed Under Contract increased 22.6% to 44,370
•Total Sales Volume increased 32.4% from $8.5 billion to $11 billion
•Absorption Rate decreased from 2.8 months to 2.3 months

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

•Increase in the Number of Closed Sales to 8,740 (up 26.8%)
•Average Days on Market decreased to 48 days (from 81 days)
•Number of Active Listings decreased 3.2% to 1,713
•Average Sold Price increased 11.5% (from $176,961 to $196,045)
•Units Placed Under Contract increased 35.6% to 11,693
•Total Sales Volume increased 40.4% from $1.2 billion to $1.7 billion
•Absorption Rate decreased from 2.3 months to 1.9 months


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