Here are some interesting sales stats for August. Some notable aspects of the data:
- Home sales were slightly lower than August of last year. However, new contracts for August are higher this year. This could result in increased sales later in the year.
- Median sales prices are breaking the downward trend for August. However, the year-to-date median sales price continues an upward trend.
- While the year-to-date pace of sales is still slower than last year, the year-to-date contracts is higher. This could be an indicator that the total year sales will even out or even pass 2013.
