By Living Room Realty, August 10, 2018
By Living Room Realty, August 10, 2018
July 2018 is a Seller’s market*
Home For Sale in July 2018: 14119 units.
• Up 6.9% compared to last month
• Up 5.3% compared to last year
Home Closed in July 2018: 5191 units.
• Down 10.9% compared to last month
• Down 6.3% compared to last year
Home Placed under Contract in July 2018: 5944 units.
• Up 3.5% compared to last month
• Up 6.7% compared to last year
*Buyer’s market: more than 6 months of inventory based on closed sales
Seller’s market: less than 3 months of inventory based on closed sales
Neutral market: 3 – 6 months of inventory based on closed sales