Sunday, September 09 2012
July's Single Family Residence (SFR) sales were up 23% from last July and up 12% year-to-date. The SFR median sales price jumped up to $175,000 from July of last year.
Condo inventory is down 10% from last July. This marks the fourth straight month of inventory decline and distressed inventory is at the lowest level since tracking began in May 2010.