DOUGLAS COUNTY MARKET REPORT – OCTOBER 2023

Greetings!

New Listings:New listings (138) decreased 11.5% from the 156 listed in October 2022, and decreased 11.0% from the 155 listed in September 2023.

Pending Sales:
Pending sales (111) decreased 3.5% from the 115 offers accepted in October 2022, and decreased 8.3% from the 121 offers accepted in September 2023.

Closed Sales:
Closed sales (92) decreased 20.7% from the 116 closings in October 2022, and decreased 10.7% from the 103 closings in September 2023.

Inventory & Time on the Market:
Inventory increased to 4.2 months in October. Total market time decreased to 50 days.

Year to Date Summary:Comparing the first ten months of 2023 to the same period in 2022, new listings (1,562) decreased 14.6%, pending sales (1,148) decreased 12.8%, and closed sales (1,109) decreased 18.2%. 

Average and Median Sales Prices:Comparing 2023 to 2022 through October, the average sale price has decreased 4.9% from $360,400 to $342,700. 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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