Single-family home sales were down 3.8 percent year-over-year, the 17th consecutive month of slowing sales volume, however there continued to be signs of overall improvement to the local housing market;
The 3.8 percent decline is the smallest since the market registered a 0.8 percent drop in May 2022;
Total property sales fell 4.3 percent with 9,780 units sold;
Total dollar volume dropped 2.0 percent to $3.8 billion;
Days on Market (DOM) for single-family homes rose from 32 to 42 days;
The single-family average price rose 2.5 percent to $420,124;
Townhome/condominium sales experienced their 15h straight monthly decline, falling 19.0 percent, but the average price up 2.7 percent to $260,909;
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