July sales up 2.3%

The housing market in July showed positive momentum, with sales increasing by 2.3% compared to the same period last year, resulting in a total of 225 units sold.

In July 2024, there were 319 new listings, marking a 16.4% increase from July 2023. The benchmark home price also saw a notable rise, up 8.4% to $345,256.

Looking at the year-to-date figures for the first seven months of 2024, total home sales rose by 2.9%, reaching 1,415 transactions. New listings for the year so far climbed by 8.2%, totaling 2,041. Additionally, the average home price increased by 5.5% from the previous year, reaching $342,633.