Sales in August show now that the slight dip in July was more of an off month rather than the start of a change in the trend we’ve had for a while.
August’s increase over last August was more than what we were seeing in the first 6 months of 2016 – so to me it looks like, for some reason, there was a shifting of some sales from July to August which caused a drop in July and a bigger than expected increase in August. This appears then to be a continuation of the trend we have been seeing and the next few months will either confirm that or indicate that we are at the beginning of some sort of change.
Here are the graphs for August:
(Information for the charts was taken from PRO/Suncoast MLS from Jan 2007 thru May 2011 & from the MFRMLS for May 2011 thru August 2016. This information may or may not include all listed expired, withdrawn, pending or sold properties of one or more members of the My Florida Regional Multiple Listing Service.)