All indications are that the housing market is continuing its slow recovery. The average price of housing increased through July as compared to June. Single family home prices increased 1.3% while condo prices rose 4.3% during the month. Duplex and rowhouse prices rose on average 4.3%. The average price of a single family detached home in July was ~$385,000. Condo average price was ~$244,000. The inventory of homes on the Multiple Listing Service® is quickly approaching par from last year at 8,421 properties available as of July 31.