July Tops June!
June had 515 residential properties sell, that is an average of 17.17 per day. As of July 18th there were 284 residential sales, an average of 15.78 per day. July is on pace for 489 sales.
July's residential sales end up at 550! That is the highest monthly sales in the past 10 years!
The average sales price in July 2020 was $350,458, July 2019 was $331,757
Does that mean house prices are up? You have to look deeper into the stats.
Good House are Selling!
64 of the 284 houses that sold in July sold in the first 14 days of being listed (22.5%)
112 sold in the first 21 days of being listed, 39%!
What type of property is selling the most? Single detached houses, 203 of the 284 were single detached, 71%…