DOUGLAS COUNTY MARKET REPORT – NOVEMBER 2023

Greetings!

New Listings:New listings (104) decreased 7.1% from the 112 listed in November 2022, and decreased 24.6% from the 138 listed in October 2023.

Pending Sales:Pending sales (87) decreased 6.5% from the 93 offers accepted in November 2022, and decreased 21.6% from the 111 offers accepted in October 2023.

Closed Sales:Closed sales (92) matched the 92 closings in November 2022, and matched the 92 closings in October 2023.

Inventory & Time on the Market:Inventory held steady at 4.2 months in November. Total market time increased to 77 days.

Year to Date Summary:Comparing the first eleven months of 2023 to the same period in 2022, new listings (1,669) decreased 14.2%, pending sales (1,225) decreased 12.5%, and closed sales (1,204) decreased 16.9%. 

Average and Median Sales Prices:Comparing 2023 to 2022 through November, the average sale price has decreased 4.4% from $359,000 to $343,200. In the same comparison, the median sale price has decreased 2.8% from $324,000 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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