As of August 31, 2017, the inventory of homes for sale tumbled once again by 632 units, a drop of 21.3%, to a new low of 2,341. This leaves only a 1.7 months supply of homes for sale, representing a decrease of 26.1% from last August. As one would expect, the median sales price shot up to $217,000, an increase of $1,000, or .5%, from last year. These factors helped nudge the percent of original list price received up by another .7% to 98.4%.
Click the link to our web site at the right to compare the recent home sales prices by neighborhood and home size with our FREE Home Sales Price Report.
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