| Greetings! New Listings: New listings (207) increased 7.3% from the 193 listed in May 2023, and decreased 1.9% from the 211 listed in April 2024. Pending Sales: Pending sales (153) increased 3.4% from the 148 offers accepted in May 2023, and decreased 1.9% from the 156 offers accepted in April 2024. Closed Sales: Closed sales (125) increased 0.8% from the 124 closings in May 2023, and increased 11.6% from the 112 closings in April 2024. Inventory & Time on the Market: Inventory decreased to 3.2 months in May. Total market time decreased to 64 days. Year to Date Summary: Comparing the first five months of 2024 to the same period in 2023, new listings (822) increased 14.3%, pending sales (608) increased 4.3%, and closed sales (520) increased 4.8%. Average and Median Sales Prices: Comparing 2024 to 2023 through May, the average sale price has increased 1.3% from $334,800 to $339,300. In the same comparison, the median sale price has increased 1.6% from $310,000 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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