Auburn homes sold faster and for more money in May

Published 2:38 pm Monday, June 22, 2015

Homes prices in Auburn climbed 12.2 percent and home sales jumped 22.5 percent in May compared to the same month last year.

A total of 147 homes were sold at a median price at $295,500, according to numbers compiled by Redfin, a Seattle-based real estate company.

The median home price was $307,450 for single-family homes and $153,975 for condos and townhomes.

Homes spent a median 15 days on the market, which was seven days faster than the same time last year.

The numbers only reflect transactions on the Multiple Listing Service, a local or regional database of available real estate for sale by member brokers.

Redfin publishes Real-Time Home Price Tracker at www.redfin.com.