Local Market Conditions Inventory is up almost 9% from last year at this time, and activity is down 22% this September versus September 2009. Year to Date the number of transactions is still up 1.7%, but by the end of the year it appears that increase will disappear. It looks like the winter months are going to be the slowest since 2001 when the market was significantly smaller than it is today. The median price for the year is up 2.1% and the average price is up 3% from last year but those increases will probably be in jeopardy by the end of the year as well.   

 

1. Cumulative MLS Statistics