The Multiple Listing Service sales report showed pending sales at 922 as of September 20, down 4.3 percent from late August. Active listings stood at 3,542, up 7.0 percent from a month earlier.
Other numbers of note:
- Average sales price for August was $319,667, down 0.9 percent from a year ago.
- Median sales price for August was $275,000, down 1.8 percent from a year ago.
- The average market time in August was 43 days, up 2.4 percent from a month earlier.
- There were 626 sales of units that were on the market for 30 days or less, up 1.1 percent from a month earlier.
- At the upper end of the market, there were 196 sales of $500,000 or more, up 8.9 percent from a month earlier.
Prepared for maar.org by Don Wade, 901.485.1653.