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July Market Update

In this event, Jacob Wathen talks about July Market 2020 update. He talks about changes in the trend of total active listings, pending sales, average and median sales price, total market time, inventory and comparison with other months. Below are some details:

▪ Most closed sales in July 2020 in the past 5 years

▪ Average sale price increase = 3.7 % increase

▪ Average median sale price increase = 4.5 % increase

▪ Total market time consistent for 42 days for both June and July 2020.

▪ Lowest Inventory for the first half of the year 2020.

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