July Market Stats
Our July statistics show that VIREB's housing market is holding steady. Sales of single-family homes in July board-wide rose by three percent year over year and were 12 percent higher than in June.
Last month, 453 single-family homes sold on the MLS® System compared to 406 the previous month and 438 in July 2018. Sales of apartments dropped by 14 percent year over year while townhouse sales increased by 22 percent.
The benchmark price of a single-family home was $513,700 in July, a three percent increase from one year ago and slightly lower than in June.
You'll find more information in our comprehensive stats package at https://bit.ly/2KbgaVy.