You may be thinking, "why is August data coming out so late?" I have found that when I wait until about the 5th or 15th of the month to get the previous month's data, there are still some closed escrow's that have not yet been reported. Sales are supposed to be reported within 3 days of the close of escrow. With that being said, I will wait a little longer in the month so I can hope to get a truer picture of the stats.
So here is what August looks like when compared to June and July.
# of listings sold
June 79 (26 are bank owned)
July 87 (30 are bank owned)
August 76 (25 are bank owned)
Average Selling Price per Sq. Ft.
June $183.28
July $168.30
August $167.99
Days on Market (How many days until accepted contract)
June 124
July 133
August 127
Average percentage of sold price compared to list price
June 96%
July 95%
August 94%
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