Greetings!
New Listings:New listings (158) decreased 28.8% from the 222 listed in April 2022, and increased 23.4% from the 128 listed in March 2023.
Pending Sales:
Pending sales (133) decreased 18.9% from the 164 offers accepted in April 2022, and increased 5.6% from the 126 offers accepted in March 2023.
Closed Sales:
Closed sales (83) decreased 38.1% from the 134 closings in April 2022, and decreased 16.2% from the 99 closings in March 2023.
Inventory & Time on the Market:
Inventory increased to 3.6 months in April. Total market time decreased to 82 days.
Year to Date Summary:
Comparing the first four months of 2023 to the same period in 2022, new listings (524) decreased 23.8%, pending sales (451) decreased 21.3%, and closed sales (368) decreased 30.4%.
Average and Median Sales Prices:
Comparing 2023 to 2022 through April, the average sale price has decreased 8.0% from $348,600 to $320,600. In the same comparison, the median sale price has decreased 6.3% from $319,900 to $299,800.
In the link below, you will find the latest market statistics for home sales in your neighborhood!
As always, you can find additional information on our website and we would love to connect with you on Facebook!
CLICK HERE TO VIEW THE REPORT!
*Inventory in Months is calculated by dividing the Active Residential Listings at the end of the month in question by the number of closed sales for that month. This number includes proposed and under construction homes.