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ACAR Housing Stats for August 2015

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Like almost every year, there was a slight lull in August for the number of homes sold, finishing at 837 compared to 1,007 in July. This is typical from year to year as households are busy squeezing in their last summer vacations and preparing for back-to-school. The Median Price also decreased slightly from $232,500 in July to $229,500 at the end of August. All other statistics continue to trend consistently:

• 837 Homes Sold in August 2015
• $229,500 was the Median Price
• 2 Months of Available Inventory (based on Pendings projection)
• 45 was the Average Number of Days on Market

 

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