Eileen's Blog

AUGUST STATISTICS RELEASED - MEDIAN SALES PRICES FOR 'ALL MLS' UP A DRAMATIC 45.3%

September 17th, 2013 1:56 PM by Eileen Denhard

 

 

 

 

 

Realcomp's August-to-August statistics were released today and include the following highlights...

 

  • The median sale price for All MLS sales increased to $130,000 - up by 45.3% over August of last year.
  • All MLS sales for August were down by just 1.2%, from 7,041 to 6,957.
  • Average Days On-Market (DOM) for the entire MLS decreased by 21 days, from 77 to 56.
  • On market inventory declined by 16.7%, from 26,404 to 22,007.
  • Listings received for the month were up by 10%, from 11,672 to 12,844 compared to last August.
  • Of the 6,957 sales closed in August, 6.2% (430) were identified as short sales and 35.8% (2,488) were identified as cash sales.
Posted in:General
Posted by Eileen Denhard on September 17th, 2013 1:56 PM

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