To summarize the data below, there is a lack of houses for sale which is likely correlated to quick sales, higher sales price, and a less sales. How should this information be applied to people thinking of buying and selling?
If you are looking to buy a house, be prepared for competition. Make sure you are set up for property alerts and try to see houses quickly when they hit the market.
If you are looking to sell your house, great! We need you! You will likely get a lot of showings if your house is desirable and priced well. That being said, buyer are making offers reasonably and we are still seeing houses sell for about 3% under asking price.