July Market Report
As shown, July was a strong month for home sales. There were a total of 149 home sales this July, up a significant 13.74% from last July. This July had the most sales of the past 6 years, by far. Interestingly enough, the number of homes listed for sale was 270 this year, which is 21.74% less than last year's 345. This shows that the market today still remains very much a sellers market. And homes are going fast! The median days on the market dropped from 22 days last July to 17 days this year, a decrease of 22.73%. The median sales price of homes has stayed fairly consistent since last year, dropping just a bit over 1%. We've seen 784 home sales so far this year, just 1 sale less than last year at this time.
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