July 2010 Market Action Report

The RMLS Action Report for July is out. While pending and closed sales have declined when comparing July 2010 to July 2009, average sales price has shown a slight increase of 2.9%. Month-to-month also saw decreases in closed and pending sales when compared to June 2010. This is likely due, in part, to the expiration of the tax credit. Year-to-date sales from January-July 2010 have increased, however, when compared to the same period one year prior. Source: RMLS

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