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Monday, ORRA's Monday Morning Quarterback Report

Sales of single-family homes increased to 636 during the week of May 14, from 525 the week prior.

Week of May 14, 2017

Single-Family Existing Homes

  • Sales of single-family homes increased to 636 during the week of May 14, from 525 the week prior
  • The median price of single-family homes increased to $236,750, a change of 2.9%
  • The number of single-family home foreclosure transactions increased to 30 last week, from 23 the week of May 7
  • The number of single-family home short-sale transactions increased to 14 from 8 the week prior
  • Single-family inventory increased by 10, and now sits at 8,084

Condos, Townhomes, and Villas

  • Sales of condos, townhomes, and villas increased to 164 during the week of May 14, from 147 the week prior
  • The median price of condos, townhomes, and villas decreased to $148,900, a change of -2.0%
  • The number of condo, townhome, and villa foreclosure transactions decreased to 6 last week, from 7 the week of May 7
  • The number of condo, townhome, and villa short-sale transactions decreased to 2 from 4 the week prior
  • Condo inventory decreased by 35 and now sits at 2,308

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