by Jeff Sallan
on Thursday, September 17th, 2015 at 9:53am.
The median sales price for single family homes and condos sold in August 2015, showed a flattening of the market when compared with July. However, the median sales price is up 16% from a year ago. Some month over month stability after an annual double digit increase is bringing a little relief to those trying to purchase a home in our area.
The average days on market for homes slightly decreased from 79 to 75 between July and August, and the average days on market for condos decreased slightly from 84 to 79 over the same time span.