Property values have changed less than 2% over the past year indicating a stable property values trend. There are currently 11 months of housing inventory which indicates a balanced demand/supply trend, although it is nearing over supply. Properties sold after a median marketing time of 43 days over the past 2 months indicating a marketing time trend of under 3 months. 39% of all sales over the past 3 months were bank sales or short sales which effectively equal to the same period last year.
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