The market is starting to lose a bit of the summer steam, but not as much as you may think.  This past week 87 properties went under contract in the county.  This is the low water mark since I started tracking this weekly data in April.  End of month closings were strong as usual.  There were fewer homes coming on the market (down 18 from last week) but more price reductions.  My thought is that the market will continue to perform fairly well through the end of October.  At that point a holiday slowdown is normal.

 

Print Friendly