FMLS Residential Real Estate Market Indicators
August 2018 Market Indicators
Courtesy of First Multiple Listing Service, Inc.
First Multiple Listing Service housing indicators report for August 2018 is available:
- Pending Sales were up 6.3 percent to 6,870.
- Closed Sales were down 8.7 percent to 6,290.
- Average Sales Price increased 7.8 percent to $314,019.
- Listings Inventory decreased 6.1 percent to 19,553 units.
- Median Sales Price increased 6.0 percent to $250,000.
- Days on Market decreased 11.4 percent to 39 days.
- Months Supply of Inventory decreased 11.4 percent to 3.1 months.
- New Listings increased 3.1 percent to 9,526.
(Please note that all indicators are year-over-year.)