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September 2020 is a Seller's market! The number of for sale listings was down 55.7% from one year earlier and down 6.4% from the previous month. The number
of sold listings increased 15.1% year over year and increased 3% month over month. The number of under contract listings was down 2.1% compared to previous
month and up 22% compared to previous year. The Months of Inventory based on Closed Sales is 0.6, down 61.2% from the previous year.
The Average Sold Price per Square Footage was up 1.5% compared to previous month and up 10.7% compared to last year. The Median Sold Price increased by
3.3% from last month. The Average Sold Price also increased by 1.7% from last month. Based on the 6 month trend, the Average Sold Price trend is "Appreciating"
and the Median Sold Price trend is "Appreciating".
The Average Days on Market showed a neutral trend, a decrease of 28% compared to previous year. The ratio of Sold Price vs. Original List Price is 101%, an
increase of 3.1% compared to previous year.
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