This month we see the most significant change is in the average days on market category, the average days on market for July 2012 was 85 opposed to 44 in July 2013.  Also keep a close eye on average sold price compared to average list price, it usually stays north of 90%.  As usual the SW real estate market is strong.  Stats provided from RBI deemed reliable but not guaranteed.

Jul-13 Jul-12 %Change
Sold Dollar Volume $7,131,202 $5,201,900 37.09%
Avg Sold Price $310,052 $288,994 7.29%
Median Sold Price $253,900 $276,000 -8.01%
Units Sold  23  18 27.78%
Avg Days on Market  44  85 -48.24%
Avg List Price for Solds $310,017 $301,006 2.99%
Avg SP to OLP Ratio 97.8% 91.9% 6.49%

*Information provided by Jason Martin, 202-641-0299, a local real estate professional with Keller Williams Capital Properties.*

 

 

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