ACAR housing stats for July 2016

Active market numbers are reflected in the July report. An increase in volume of listings yet a slight reduction in the Average Number of Days on Market reflects the high activity. The Median Price has been hovering in the $240,000 – $253,000 for the past several months. There were 2,196 active listings in July 2016 compared to 2,117 active listings in June 2016. The average Number of Days on Market existing homes and new construction combined was 33 days, quite remarkable. Below are other key stats:

• 1,053 Homes Sold in July 2016
• $243,000 was the Median Price
• 33 was the Average Number of Days on Market