Green Hills Homes market report for August 2013 shows a dramatic average price increase of 16% in July over the same period in 2012 and with the shortage of inventory and 21 homes pending already, I expect the price increase to continue.

• 34 Green Hills homes sold in July
• The average price of Green Hills home sold in July was $704,317
• The average size of homes sold in Green Hills was 3678
• The average days on market was down to 64
• the list price to sales price ratio was 96%
• 21 homes are currently pending in Green Hills
• 204 homes are currently available for purchase
• the current absorption rate for Green Hills real estate is 6 months

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