August Statistics

August statistics are in:

Average Sale Price:             $330,900 down .63% from $333,000 in July

Average Days on Market: 77 up from 73 in July

Number of houses Sold:          6163 up .99% from 6102 in July

The number of home sales increased slightly in August.  Ignoring last year’s craziness, this is an unusual occurrence.  August sales typically decline with a further fall off in September.  It will be interesting to see what the September numbers show.  So far in September it looks like we will have a decline in sales, but that can change.  If the typical trend holds (4% decline) we should have roughly 5900 sales in September.