Monday Morning Quarterback: May 31, 2020 - Jun 6, 2020

Single-Family Existing Homes

• Sales of single-family homes decreased to 405 during the week of May 31, from 477 the week prior.
• The median price of single-family homes increased to $300,000, a change of 7.1%.
• The number of single-family home foreclosure transactions decreased to 7 last week, from the 10 the week of May 24.
• The number of single-family home short-sale transactions decreased to 2 from 4 the week prior.
• Single-family inventory decreased by 46, and now sits 5,632.

Condos, Townhomes, and Villas

• Sales of condos, townhomes, and villas increased to 134 during the week May 31, from 113 the week prior.
• The median price of condos, townhomes, and villas decreased to $168,000, a change of -4.5%.
• The number of condo, townhome, and villa foreclosure transactions increased to 2 last week, from 0 the week of May 24.
• The number of condo, townhome and villa short-sale transactions remained constant at 0.
• Condo inventory increased by 61, and now sits at 2,270.