| Greetings! New Listings: New listings (141) increased 28.2% from the 110 listed in February 2023, and increased 29.4% from the 109 listed in January 2024. Pending Sales: Pending sales (140) increased 33.3% from the 105 offers accepted in February 2023, and increased 40.0% from the 100 offers accepted in January 2024. Closed Sales: Closed sales (75) decreased 19.4% from the 93 closings in February 2023, and decreased 6.3% from the 80 closings in January 2024. Inventory & Time on the Market: Inventory held steady at 3.9 months in February. Total market time increased to 93 days. Year to Date Summary: Comparing the first two months of 2024 to the same period in 2023, new listings (252) increased 7.7%, pending sales (233) increased 5.4%, and closed sales (157) decreased 12.3%. Average and Median Sales Prices: Comparing 2024 to 2023 through February, the average sale price has increased 12.9% from $316,400 to $357,300. In the same comparison, the median sale price has increased 9.7% from $293,500 to $322,000. 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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