Property Sales:
August property sales were 86, down -29% from 122 in August 2016 and -24% lower than the 114 sales last month.
August 2017 sales were at their lowest level as compared to August of 2016 and 2015.
August YTD sales of 682 are running -9% behind last year's year-to-date sales of 752.
Prices:
The median sales price in August was $497,000, up 7% from $461,500 in August 2016 and up 1% from $491,544 last month.
The average sales price in August was $517,083, up 9% from $473,571 in August of 2016 and up 6% from $513,986 last month.
The August 2017 ASP was at it's highest level as compared to August of 2016 and 2015.
Available Inventory of Homes:
The total inventory of properties available for sale was 154, down -13% from 181 last month and down -17% from 191 in August of last year.
Currently there is a 1.8 month supply of inventory.
Average Dollar per Square Foot - Sold Homes:
2017 2016 2015 2014
Jan $248 $229 $210 $193
Feb 245 232 212 217
March 246 227 215 209
April 262 235 222 206
May 263 235 222 220
June 254 238 219 211
July 254 240 225 211
Aug 263 248 224 218
Sept 237 224 215
Oct 242 229 213
Nov 249 235 216
Dec 238 224 210
Stats for August 2017:
Available Properties 154 $285,000 - $1,490,000Short Sale Contingent 2 $ 449,00 - $ 539,000
Pending Sales 121 $181,700 - $1,120,000
Sold/Closed 86 $215,000 - $1,060,000
Number of Homes Sold in August per Price Bracket:
$100,000's - 0 $200,000's - 1 $300,000's - 14
$400,000's - 28 $500,000's - 22 $600,000's - 13
$700,000's - 3 $800,000's - 1 $900,000's - 1
$1,000,000 - 2
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