July 2015 saw a slight reduction in sales when compared to July of 2014. However, 2015 still remains a really strong year for sales. With the increase in contracts, we could likely see August and September have better sale statistics when compared to 2014.
Highlights:
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Year to date home sales are still up 6% this year as compared to this time last year despite the current month’s decline.
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The median days on the market, for July 2015, is down by 11% when compared to July 2014.
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The year to date median sales price, for 2015, is 7% higher when comparing 2014 at this time.
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July 2015 contracts are up 5% when compared to July of 2014.
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July house sales, in 2015, are down by 16% when compared to July 2014.
- The median sales price for July 2015 is down by 4% when compared to July 2014.
- The median days on the market, for July 2015, is down by 11% when compared to July 2014.
- Year to date home sales are still up 6% this year as compared to this time last year despite the current month’s decline.
- The year to date median sales price, for 2015, is 7% higher when comparing 2014 at this time.
- This year so far we’ve seen the median days on the market fall 11% when compared to this time last year.
- ContracThe inventory in July 2015 was down 9% when compared to July of 2014.
- July 2015 contracts are up 5% when compared to July of 2014.
- The annual pace of contracts for 2015 is 6% higher than at this time in 2014.