Attached are the Eastside monthly statistics for August 2012.
The strong real estate market continues in August. Inventory is down 33% and sales are up (pending 22%, closed 19%) thus, months’ supply of inventory is down to 2.1 (or 46%). Prices are increasing (closed sales price YTD up 2% for residential and 5% for condo). The Median Closed sales price was up to: $524,805!