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Market Analysis Courtesy of Land Title Guarantee Company. See the Full Report
Market Snapshot for YTD 2023 vs. Full Year 2022:
Average indicators for $:
- single-family: +6%;
- multi-family: +3%;
- and vacant land: -39%.
Median indicators for
- Single-Family: +1%,
- Multi-Family: -4%,
- and Vacant Land: -59%.
Market Analysis % Change YTD February 2023:
Monetary volume in February 2023 was down ONLY 2% from February 2022. Transactions were down 15% from February 2022. YTD 2023, monetary volume is pacing 35% down and 33% down from transactions in YTD 2022. Again, low inventory is the main culprit here. Can't sell it if it's not for sale.
Weekly Market Update 3/31/23:
- 191 non-preconstruction active listings. Growing slowly
- 118 non-preconstruction pendings.
- Sold in the last 30 days at an average of 98.2% of list price. Holding steady.
- Pending DOM: Median 7th Ave, 41. Down Again! Properly priced homes are still in high demand.
Week of March 24th:
- Price Decrease (17)
- Price Increase (1)
- New Listing (39)
- Back On Market (3)
- Pending (29)
- Sold (38)
- Withdrawn (5)
- Expired (3)
