Inventory on the market - 31
Sold - 7
Pended - 6
Months of inventory on the market based on closed sales - 4.4
Avg. sold price - $225,000
Median price -$245,000
Sold - 7
Pended - 6
Months of inventory on the market based on closed sales - 4.4
Avg. sold price - $225,000
Median price -$245,000
Click on the graph to enlarge it
According the statistics above the Condos/Townhomes market on August has improved compare with the last month. The months of inventory based on closed sales are 4.4 vs. 9.8 in August, which is a typical for a buyers market. There were more inventories sold than inventory came on the market which drove the Avg. sold price ($150,000 vs. $225,000 in August) and Median price ($120,000 vs. $245,000 in August).
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