Inventory slowly advanced to a 2.9 month supply and the number of active listings increased to 4,425 in July. The average sale price of $220,000 was up 3% as competition for homes eased a little. Days on the market dropped to 47 days. And, the number of homes sold fell by 2% on tight supply. GLAR President Allison Bartholomew commented that, "Our members are still seeing a dichotomy in the market, where homes under $300k are selling very quickly and homes on the higher end are selling at a slower pace. Inventory in Jefferson County is improving slightly in July, giving buyers more homes to choose from compared to this spring."