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June -- Over a 4% SP/SF Increase!

07/11/09

Permalink 03:37:10 am, by dave Email , 115 words   English (US)
Categories: Uncategorized

June -- Over a 4% SP/SF Increase!

It is getting more and more competitive to purchase a home now as sales continue to rise. With over 9,300 sales in the month of June, this is the 2nd consecutive month with over 9,000 homes sold just topping the month of May. Here's a statistic you might want to watch out for... the average sold price per square feet was up over 4% in June from the previous month of May. The month of June is the 3rd consecutive month showing an increase in this category and is by far the most significant month as the other two averaged just over a 1% increase at 0.7% and 1.5% respectively. The question now is, how quickly will prices continue to rise?

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