The monthly July PAR stats are now available on Dropbox.

HIGHLIGHTS

  • July sales are down from last month and down from last year with 776 units sold. Last month 1004 units sold. Number of sales Y-O-Y was down 17%.
  • July average days on market is down from June at 47 to: 44 Days.
  • Average sold price is $367,910, this is down from the prior month and down 4.7% since July 2022 Y-O-Y, $386,052.
  • July inventory is up to: 1876 units, up from July 2022, with 1839 units. Y-O-Y increase in inventory of 2%
  • Months inventory is 2.4 months, up from June at 1.9 months, and up from July 2022 with 2.0 months inventory.
  • Average List to sold price difference in May was -1.9% a change from -1.6% in June.
  • The inventory of homes remains low. With 2.4 months inventory, is still a sellers market in our area. When Months Inventory is less than 4.0 months it is considered a seller’s market.6.0 months or more is a buyer's market.