City of Hays Home Sales Fell in August
Total home sales in the City of Hays fell last month to 20 units, compared to 26 unites in August 2016. Total sales volume was $3.8 million, down from a year earlier.
The median sale price in August was $163,000, up from $135,000 a year earlier. Homes that sold in August were typically on the market for 74 days and sold for 97.1% of their list price.
City of Hays Active Listings Up at End of August
The total number of active listings in the City of Hays at the end of August was 146 units, up from 131 at the same point in 2016. This represents a 7.3 months’ supply of homes available for sale. The median list price of homes on the market at the end of August was $175,000.
There were 22 contracts written in August 2017 and 2016, showing no change over the year. At the end of the month, there were 17 contracts pending, compared to 25 at the end of August 2016.