|# New||Price Drops||# U/C||# Sold||Median $ of Sold|
During the past week more homes were listed than any other week since April. New contracts on homes were down a bit, but still remain strong. The number of closings is still strong for a mid-month week and those that did sell had a higher median price than anytime since the end of April.
Most years, we see the big surge in contracts in May with the highest month of closings being June. This year we saw a late start in activity and it looks like the closings will continue to be strong into July. Let’s hope it extends beyond and into August and September.