The second quarter (plus July) numbers are available from the MLS. Our second quarter number of homes sold is up significantly over 2012 with 893 homes sold in 2013 versus 815 in 2012. The number of homes on the market has also decreased (1392 homes on the market in July of 2013 versus 1456 homes on the market in July of 2012), meaning demand for the homes that are on the market has increased. An increase in demand results in an increase in price. Comparing July of 2012 versus 2013, average sales prices are up 2.6%.

The number of homes under contract is also up over last year significantly. Comparing July 2012 versus July 2013, the number of homes under contract have increased 26.2%. The first seven months of 2013 pendings were up an average of 13.48%.

According to the Tri-City Development Council, between the 2010 Census and 2013 estimates, the population has increased in this area about 5,000 per year. Remember, people need a place to live!