DOUGLAS COUNTY MARKET REPORT – AUGUST 2023

Greetings!

New Listings:New listings (167) decreased 5.6% from the 177 listed in August 2022, and decreased 6.7% from the 179 listed in July 2023.  

Pending Sales:
Pending sales (126) decreased 18.2% from the 154 offers accepted in August 2022, and decreased 19.2% from the 156 offers accepted in July 2023.  

Closed Sales:
Closed sales (128) decreased 3.8% from the 133 closings in August 2022, and increased 0.8% from the 127 closings in July 2023.  

Inventory & Time on the Market:
Inventory increased to 3.1 months in August. Total market time decreased to 53 days.  

Year to Date Summary:Comparing the first eight months of 2023 to the same period in 2022, new listings (1,256) decreased 16.2%, pending sales (952) decreased 14.0%, and closed sales (904) decreased 18.0%.   

Average and Median Sales Prices:Comparing 2023 to 2022 through August, the average sale price has decreased 4.2% from $359,800 to $344,700. In the same comparison, the median sale price has decreased 3.1% from $325,000 to $315,000.   

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!

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