Welcome to August's Market Update. Let’s take a look at residential real-estate activity in your area during the month of August. The number of active listings was up 18% from one year earlier, and up 22% from the previous month. This continued upward trend reflected a healthy inventory for buyers to choose from. As you can see, the median listing price for the month was 470-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 79%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just over 150-thousand dollars. The number of units sold was consistent year-over-year, and increased 25% month-over-month. These latest figures could indicate that more buyers have been finding what they're looking for. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.