Reports July 25, 2022

Weekly Market Update

Monday Morning Quarterback for July 31, 2022 – August 06, 2022

Single-family existing homes

  • Sales of single-family homes decreased to 471 during the week of Jul 31, from 530 the week prior
  • The median price of single family homes decreased to $412,000, a change of -3.1%
  • The number of single-family home foreclosure transactions decreased to 1 last week, from 4 the week of Jul 24
  • The number of single-family home short-sale transactions increased to 1 from 0 the week prior
  • Single-family inventory increased by 83, and now sits at 4,952

Sales of condos, townhomes, and villas 

  • Sales of condos, townhomes, and villas decreased to 170 during the week of Jul 31, from 185 the week prior
  • The median price of condos, townhomes, and villas increased to $275,000, a change of 4.8%
  • The number of condo, townhome and villa foreclosure transactions remains constant at 0
  • The number of condo, townhome and villa short-sale transactions remains constant at 0
  • Condo inventory increased by 17, and now sits at 1,482

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