Hi, everyone, it's Adam Salas from Salas Real Estate Define. I hope everybody had a great summer and a wonderful Labor Day weekend. I just want to bring to you the month of August home sales report for single-family home residential under one acre and Condominiums.
Now let's take a look at what happened in the month of August, the sales are down 1.2%. From 2017 to 2018
we sold 907 properties in 2017 compared to this year of 896. The average closed price went up 11%, in 2017 it was $234,923 compared to this year of $260,812. The median sales price went up 13.5%, in 2017 it was 218,000 compared to this year of 247,500. Inventory is down 27.5%, in the month of August we had 1460 listings giving us a 1.6 month of supply.
So if you are thinking about selling and you are not quite sure what's going on in your area, leave me a comment below with your zip code and I will be happy to give you an August Home Sale Report. I will upload these to my YouTube page Facebook page or Instagram page. Like one or like them all - thank you for watching my video and I look forward to assisting you.
