City of Hays Home Sales Fell in July
Total home sales in the City of Hays fell last month to 19 units, compared to 30 units in July 2016. Total sales volume was $3.5 million, down from a year earlier.
The median sale price in July was $163,000, down from $195,125 a year earlier. Homes that sold in July were typically on the market for 80 days and sold for 95.0% of their list prices.
City of Hays Active Listings Up at End of July
The total number of active listings in the City of Hays at the end of July was 144 units, up from 132 at the same point in 2016. This represents a 7.6 months’ supply of homes available for sale. The median list price of homes on the market at the end of July was $175,000.
During July, a total of 13 contracts were written down from 22 in July 2016. At the end of the month, there were 15 contracts pending, compared to 30 at the end of July 2016.