After a sluggish first half of the month, single family homes sales finally perked up in week 3 and are once again showing year-over-year gains.
Month-to-date there have been 758 sales which is +3.69% y/y. The average price is up +2.89% to $470,587 during the same time period. The median price is up +5% from $400,000 to $420,000.
Condo sales are up +16%, with most of the increase focused on the Condo-Townhome segment.
While Townhomes are posting the sales gains, it’s the apt-style condominiums that are showing price gains. Year-over-year, townhome average prices are down -6.8% while apt-style prices are up +8%.
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