|MEDIAN SOLD PRICE||$175,673|
|AVERAGE SOLD PRICE||$213,891|
|MEDIAN % ORIGINAL LIST PRICE||97.4%|
|MEDIAN TIME TO CONTRACT||44 days|
|MEDIAN TIME TO SALE||94 days|
|NEW PENDING SALES||749|
|MONTHS SUPPLY OF INVENTORY||2.5 months|
June 2020 was pretty good considering we are dealing with the Covid 19 pandemic. As a point of reference sales were down 22% compared to June 2019 but I’m surprised they are as good as they are. Active listings are down 46% from June 2019. It looks like people aren’t listing their homes possibly due to the pandemic. We are in a real sellers market as a result. Don’t expect prices to go down with such low inventory.