Residential real estate sales were up 9% during September and are up 8% for the year-to-date. Activity in the market continues to be very strong. At the end of September 44% of active listings were already under contract. Inventory of available homes is still very low. At the end of the month there were just 782 properties that were on the market and available for an offer. This represents an inventory of just 1.6 months. In other words, if we were to freeze any new listings from coming on the market, it would take 50 days to sell all of the homes that are currently available. Please take a look at the slideshow below for more detailed information.
Number of Sales in September
Sales Last September
Average Price For Sales In September
Average Price Last September