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All MLS Sales
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$149,000
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6,386
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$130,000
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6,957
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Up by 14.6%
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Down by 8.2%
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Analysis:
• All MLS sales for the month were down by 8.2% from 6,957 to 6,386.
• The median sale price for ALL MLS Sales was up by 14.6% from $130,000 to $149,000.
• Average Days On-Market (DOM) for ALL MLS decreased by more than two (2) weeks, from 56 to 40 days.
Synopsis of Inventory (08-14 vs. 08-13):
• On market inventory increased since last August by 17%, from 22,093 to 25,849.
• Short sale listings have decreased since last August by 38.54%. Approximately 3.2% of the on-market inventory is comprised of properties identified as short sales.
• Foreclosure listings have decreased since August of last year by 33.1%. Approximately 7.44% of the on-market inventory is comprised of properties identified as foreclosures.
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