HAR Report: Home prices showed little movement in August. The average price was statistically flat at $422,703, while the median price was virtually unchanged at $335,000.

 

“August brought the strongest sales gains we’ve seen so far this year, and that’s encouraging for both sides of the market,” said HAR Chair Shae Cottar with LPT Realty. “Buyers have more choices and negotiating power than they’ve had in more than a decade while sellers continue to benefit from solid demand. As mortgage rates continue to ease, I anticipate buyer activity will remain solid in the coming months.”