It is Monday and I have the numbers for August home sales. The shortage of homes for sale continues and on average actual sale prices are higher than list prices. As we head into fall prices will continue to go up but by smaller amounts than what we saw in the spring.
Median prices were lower in August than they were in July and it took about a day and a half longer(26.6 days) to sell a house in August than it took in July.
The data used to create the chart was extracted from the NorthStarMLS and was gently sorted using MS Excel and never stirred because that would be wrong.
If you would like to know how much your home will sell for, contact me for a free no-obligation consultation.
For more local numbers see Local Market Conditions & home prices.