(HAR Report): The single-family home median price climbed 7.6 percent to $269,000 while the average price rose 7.8 percent to $334,256. Both figures are record highs for an August. Year-to-date sales are running 2.8 percent ahead of 2019’s record pace.
Sales of all property types totaled 11,121 – up 7.3 percent from August 2019. Total dollar volume for the month increased 13.4 percent to $3.5 billion. After strong consumer interest in July, the lease market retreated in August, with declines in both the single-family and townhouse/condo markets.