New Listings were down 8.1 percent for single family homes and 16.5 percent for townhouse-condo properties. Under Contracts decreased 15.6 percent for single family homes and 13.3 percent for townhouse-condo properties. The Median Sales Price was up 18.9 percent to $565,000 for single family homes and 15.0 percent to $385,111 for townhouse-condo properties. Days on Market decreased 50.0 percent for single family homes and 41.2 percent for townhouse-condo properties. The National Association of REALTORS® reported inventory of homes for sale nationwide rose slightly in June as more sellers list their homes, hoping to take advantage of record-high sales prices across the country. Even with renewed home seller interest, inventory overall remains 18.8% lower than a year ago, according to NAR.
Source: https://www.dmarealtors.com/