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Trulia is an all-in-one real estate site that gives you the local scoop about homes for sale, apartments for rent, neighborhood insights, and real estate markets and trends to help you figure out exactly what, where, and when to buy, sell, or rent. You can also find a real estate agent, view prices of recently sold homes, and see home values in your community. Get advice and opinions from local real estate agents, brokers, and other local experts on Trulia Voices, Trulia's online real estate community.

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Our analysis of data indicates that the residential real estate market remained positive and healthy in August, as both demand and supply experienced sustained growth. We saw inventory grow 2% to its likely peak for the year, and while overall demand remained strong, the trend in median days on market suggests that the market is finding more of a balance. This bodes well for would-be buyers who have been discouraged by the inability to find a home to buy this spring and summer.

USamc Listing stats

Nationally, the median list price is now $232,000, up 7 percent year-over-year and virtually flat over July, demonstrating a continued positive trend in home prices.

Median days on market are down 5 percent year-over-year and up 6 percent month-over-month at 75 days, which shows the season is naturally shifting to favor buyers as inventory moves more slowly than in spring and early summer.

Demand remained strong, with traffic and searches on continuing to set new highs in August. Unique users for the month grew 40% y/y, while visits and searches were up more than 50% and 30%, respectively.

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