Down 23 percent in the first half of 2013 compared to 2012, the local real estate market volume is now 9 percent higher year-to-date thanks to a third quarter that was 59 percent higher than 2012's. Real estate transactions are also 9 percent higher.
The year-to-date real estate market volume is $66,478,791 in 2013 compared to $61,054,261 in 2012 and $ 45,014,647 in 2011.
It's not a seller's market, there is nine months worth of inventory for houses in the $0 to $400K category and a longer time for higher priced properties.
Read the entire report from Merri Ann Simonson of Coldwell Banker online.