The holiday weekend didn't seem to hamper listing activity too much last week, as 8 new single-family homes were listed for sale. Still, inventory dropped as 5 listings either expired or were cancelled after spending a good amount of time on the market.
In the meantime we continue our trend of homes selling right at their list price. We closed the month of August with a sales price to list price ratio of 100.6%, keeping prices fairly static for the time being.
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