August 2012: More signs of recovering housing market: new construction is picking up and condo sales are coming to life!
Available inventory of existing homes could become a problem. Here is a overview of the stats for our market.
 
Active Listings -
  • Available Inventory - Existing Homes - 37%
  • YTD New Listings - Existing Homes - 4.5%
 
  • Available Inventory - New Construction - 14%
  • YTD New Listings - New Construction + 42%
 
  • Available Inventory – Condos - 32%
 
Pending
  • YTD Pending - Existing Homes + 71%
  • August Pending - Existing Homes + 7.5%
 
  • YTD Pending - New Construction + 70%
  • August Pending - New Construction + 50%
 
  • YTD Pending - Condos + 19%
  • August Pending – Condos + 83%
 
Closed Sales
  • YTD Closed Sales - Existing Homes + 53%
  • YTD Median Price - Existing Homes + 5.7%
  • August Closed Sales - Existing Homes + 204%
  • YTD Median Price - Existing Homes + 14.7%
 
  • YTD Closed Sales - New Construction + 29%
  • YTD Median Price - New Construction - 12.7%
 
  • YTD Closed Sales - Condos + 9%
  • August Closed Sales – Condos + 17%

 

If you want more info on specific price categories or to find out if you home has increased in value, please call me today!

 

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