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The July MLS Report Is Here and Shows Active Listings Still Up

The July Multiple Listing Service sales report showed pending sales at 1,701 as of Aug. 19, down 0.8 percent from mid-July. Active listings stood at 6,770, down 0.5 percent from mid-July.  


Other numbers of note:

  • Average sales price for July was $189,543, up 10.2 percent from a year ago.
  • Median sales price for July was $150,000, up 9.5 percent.
  • The average market time in July was 72 days, a 7.7 percent reduction from a month earlier.
  • There were 486 sales of units that were on the market 30 days or less.
  • At the upper end of the market there were 43 sales of $500,000 or more, a 7.5 percent increase from June.   

Prepared for by Don Wade, 901.485.1653.


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