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August 2015 Single Family Home Sales

 

Monthly Highlights:

•    All MLS sales for the month were up by 7.3% from 6,386 to 6,854.
•    The median sale price for All MLS sales was up 5.4% from $149,000 to $157,000 (representing a 10-year high for the month of August).
•   Average Days On-Market (DOM) for All MLS increased by 1 day.

•    On market inventory increased since last August by approximately 1% from 25,849 to 26,086.

•    94.4% of the on market inventory is designated as non-foreclosures and 5.6% is designated as foreclosures. Last year, 92.6% of the on market inventory was designated as non-foreclosures and 7.4% was designated as foreclosures.



August Retrospectives – Based on All MLS Market Activity:

•   Over the last 10 years, August sales reached a high in 2012 at 7,041.
•   Over the last 10 years, August sales reached a low in 2007 at 4,956.
•   Over the last 10 years, the August DOM reached a high in 2007 at 114 days.
•  
Over the last 10 years, the August DOM reached a low in 2014 at 40 days.
•   This is the sixth year since 2009 for the August Median Price to increase over the previous year.

•   Over the last 10 years, the August Median Sale Price reached a 10-year high this month at $157,000.
•   Over the last 10 years, the August Median Sale Price reached a low in 2009 at $64,900.


Realcomp MLS Subscribers:
Be sure to login to this website and visit our Statistics section to access the full August 2015 summary, as well as our zip code reports for the month, and more!

 

 

 

Last Modified: Monday, September 21, 2015


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