Greetings!
New Listings:New listings (124) decreased 8.8% from the 136 listed in January 2022, and increased 21.6% from the 102 listed in December 2022.
Pending Sales:
Pending sales (125) decreased 13.2% from the 144 offers accepted in January 2022, and increased 40.4% from the 89 offers accepted in December 2022.
Closed Sales:
Closed sales (84) decreased 30.6% from the 121 closings in January 2022, and decreased 2.3% from the 86 closings in December 2022.
Inventory & Time on the Market:
Inventory increased to 4.0 months in January. Total market time increased to 70 days.
Year to Date Summary:Comparing the first month of 2023 to the same period in 2022, new listings (124) decreased 8.8%, pending sales (125) decreased 13.2%, and closed sales (84) decreased 30.6%.
Average and Median Sales Prices:Comparing 2023 to 2022 through January, the average sale price has decreased 2.3% from $316,400 to $309,100. In the same comparison, the median sale price has decreased 7.9% from $299,000 to $275,500.
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.