Single-family home sales increased 11.9% year-over-year.
Days on Market (DOM) for single-family homes went from 47 to 52 days.
The single-family median price was statistically flat at $335,000.
The single-family average price was statistically unchanged at $422,703.
Single-family home months of inventory expanded to a 5.4-months supply, up from 4.4
months last August. This was the greatest August inventory since the 7.1 months recorded in 2011.
Townhome and condominium closings declined 13.5% with 404 units sold. The median price declined 7.1% to $210,000, and the average price was down 4.4% to $248,799.
Total property sales increased 9.2% with 9,440 transactions.