In the month of September there were 292 residential properties sold inside the city, up 18% from 2008. This marked the seventh consecutive month that sales have been above the 300 level – the longest such streak in the history of the Multiple Listing System.
For the year-to-date 2,586 homes have sold in the city, with the average price of residential properties sold inside the city was $247,859, and the average price for the year-to-date was $246,580.
Homes, which sold in the city during September, were on the market for an average of 38 days before selling, a decrease from 45 days in August and at an average of 96.4% of asking price.
Inside the city there were 813 active residential listings on the system at the end of the month. This marks the lowest number of active listings so far this year.
September exceeded all expectations for sales.
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