2013 August Monthly Report – The Skinny

Sellers are beginning to put their homes on the market again. New listings rose over 20% from last year. We also have far fewer short sale listings and foreclosure listings. This means that the number of traditional seller new listings increased 55% over last year. We have a 17% increase of the number of closed sales over last year.

All this means we are still low on inventory, and there are still multiple offers on a number of houses. Median sales price for July 2013 is $208.757.

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