Property Sales:
July property sales were 98, down -21% from 124 in July of 2015, and -31.5% lower than the 143 sales last month.
July 2016 sales were at their lowest level as compared to July of 2015 and 2014.
July YTD sales of 629 are running -1.6% behind last year's year-to-date sales of 639.
Prices:
The Median Sales Price in July was $466,000, up 2.5% from $454,594 in July of 2015 and down -4.5% from $488,000 last month. Median = the same # of properties sold above & below the Median Price
The Average Sales Price (ASP) in July was $493,088, up 6.6% from $462,4497 in July of 2015 and down -1.2% from $498,851 last month.
The Average Sales Price (ASP) in July was $493,088, up 6.6% from $462,4497 in July of 2015 and down -1.2% from $498,851 last month.
The July ASP was at it's highest level as compared to July of 2015 and 2014.
Inventory & Month's Supply of Inventory:
The total inventory of properties available for sale as of July was 192, up 2.1% from 188 last month and down -9.4% from 212 in July of last year.
Currently, there is a 2 month supply of inventory.
Average Dollar Per Square Foot - Sold Homes:
2016 2015 2014
Jan $229 $210 $193
Feb 232 212 217
March 227 215 209
April 235 222 206
May 235 222 220
June 238 219 211
July 240 225 211
Aug 224 218
Sept 224 215
Oct 229 213
Nov 235 216
Dec 224 210
Stats for July 2016:
Properties for Sale w/o Short Sale Contingent: 180 $188,500 - $1,525,000
(177 in July 2015)
Short Sale Contingent / Pending Lender Approval: 8 $250,000 - $1,010,000
(10 in July 2015)
Pending Sales: 144 $229,000 - $1,599,000
(139 in July 2015)
Sold in June 2016 98 $189,000 - $1,300,000
(123 in July 2015)
July Sold Homes by # of Units Per Price Bracket:
$100,000's - 1 $200,000's - 3 $300,000's - 21
$400,000's - 29 $500,000's - 27 $600,000's -12
$700,000's - 1 $800,000's - 1 $900,000+ - 3
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