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Stats at a Glance
August Median Price (Detached-Compared to Previous Month) 3.4% INCREASE
August Median Price (Attached-Compared to Previous Month) 5.8% INCREASE
August Sold Listings (Detached-Compared to Previous Month) 0.4% INCREASE
August Sold Listings (Attached-Compared to Previous Month) 5.2% INCREASE
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July Home Prices Remain Near Record; Sales Still Sluggish
Median prices of resale homes remain near record highs, comparing July 2023 data to the same month last year. That’s despite a drop in home sales.
In July, the median price of a detached single-family home was up 3.6 percent to $990,000, and for detached homes (condominiums and townhomes) the price was up 2.6 percent to $641,000. For the year-to-date, prices are virtually unchanged from a year ago.
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