RESALES: The impact of increasing supply took a bite out of the Average Sales Price; which dropped 9.8% in June. Additionally, the Average Price Per square foot also declined by 4.5%. Both are significant declines, yet both remain in line with the 5-month average. This is only one month too, and as stated in the video, the market changes quicky. This is surely something to watch though. However, the number of Sales increased 26%. And, that’s good news!