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Home Prices



The median home price was $478,372 in August, which was flat from July and a 4.9 percent increase from August of last year.


Home Sales



A seasonally adjusted 40,096 homes were sold in August, which was up 1.3 percent from July and down 8.3 percent from August of last year. Currently, 2017 is trailing 2016 by approximately 16,202 home sales.


Inventory - Month's Supply



The sales-to-new-listings ratio increased to 57.0 percent in August. This ratio could indicate a balanced market in the majority of regions.