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Wednesday, August 3, 2011 - July Statistics

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.

posted in General at Wed, 03 Aug 2011 17:49:56 -0600

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