"Sales are up 9% year to date but lower volumes in July were met with higher new listings and inventory levels which will continue to weigh on prices." Susi Woulds, Remax Landan
July Market Data:
. Total Sales: 1,637, down 6.14% year over year.
. New Listings: 2,981, up 11.11% year over year.
. Total Listings: 6,675, up 16.94% year over year.
. Average Days on Market: 43, down from 46 last year.
Benchmark Sale Prices:
(averages can be skewed by a few transactions in higher priced categories, benchmark numbers offer a more typical measure of homes for sale based on size, area and number of bedrooms)
. Detached House: $512,100, up 1.95% year over year.
. TownHouse Condo: $336,300, down 3.27% year over year.
. Apartment Condo: $266,200, up 1.33% year over year.