August Residential Highlights:
New listings (1,087) increased 1.3% from the 1,073 listed in August, 2020, and decreased 10.4% from the 1,213 listed in July, 2021.
Closed sales (926) increased 12.8% from the 821 closings in August, 2020, and decreased 6.7% from the 993 closings in July, 2021.
Closed Sales
Increased 12.8% from 281 closings in August, 2020, and decreased 6.7% from 993 closings in July, 2021.
Inventory & Market Time
Inventory increased to 0.8 months in August. Total market time increased to 18 days.
Median Sale Price
Comparing 2021 to 2020 through August, the median sale price has increased 13.8% from $390,000 to $444,000.
Year-to-Date Summary
Comparing the first eight months of 2021 to the same period in 2020, new listings (8,252) increased 9.8%, pending sales (7,175) increased 10.2% and closed sales (6,721) increased 22.9%.