Price Reductions Increased Over the Last 3 Months Inventory Remains Low Single Family Homes Sold +24% ~ 87 in Oct 2024 vs. 70 in Oct 2023 Single Family Median Sales Price flat ~ $2,120,000. in Oct 2024 vs. $2,110,000. in Oct 2023 Single Family Average Sales Price -12% ~ $2,887,671. in Oct 2024 vs.…
Price Reductions and Days on Market are Elevated Inventory Remains Low Single Family Homes Sold +4% ~ 72 in Sep 2024 vs. 69 in Sep 2023 Single Family Median Sales Price +6% ~ $2,494,538. in Sep 2024 vs. $2,350,000. in Sep 2023 Single Family Average Sales Price -4% ~ $3,722,306. in Sep 2024 vs.…
Price Reductions and Days on Market are Increasing Single Family Homes Sold +10% ~ 80 in Aug 2024 vs. 73 in Aug 2023 Single Family Median Sales Price +10% ~ $2,101,000. in Aug 2024 vs. $1,910,000. in Aug 2023 Single Family Average Sales Price +12% ~ $3,050,316. in Aug 2024 vs. $2,726,486. in Aug 2023…
Price Reductions are Up Pending Sales Are Down Well Priced Property Sell At Or Over Asking Single Family Homes Sold – flat ~ 68 in July 2024 vs. 68 in July 2023 Single Family Median Sales Price -5% ~ $2,000,000. in July 2024 vs. $2,100,000. in July 2023 Single Family Average Sales Price…
Buyers Are Very Price Sensitive Over Priced Properties Are Seeing Big Discounts Single Family Homes Sold -1% ~ 81 in June 2024 vs. 82 in June 2023 Single Family Median Sales Price -16% ~ $1,995,000. in June 2024 vs. $2,372,500. in June 2023 Single Family Average Sales Price +42% ~ $4,884,338. in June…
Market Activity is Uneven Some Sell Over Asking ~ Others Sell at Big Discounts Single Family Homes Sold +15% ~ 77 in Mar 2024 vs. 67 in Mar 2023 Single Family Median Sales Price -7% ~ $2,100,000. in Mar 2024 vs. $2,255,000. in Mar 2023 Single Family Average Sales Price -12% ~ $2,864,342. in…
Homes Priced $10 Million and Above Saw a 29.4% Increase in New Listings in October Single Family Homes Sold flat ~ 70 in Oct 2023 vs. 70 in Oct 2022 Single Family Median Sales Price +4% ~ $2,110,000. in Oct 2023 vs. $2,024,500. in Oct 2022 Single Family Average Sales Price +13% ~ $3,286,204.…
49% of All Sales in June and July Were Cash Number of Price Reductions Increased Single Family Homes Sold +3% ~ 68 in July 2023 vs. 66 in July 2022 Single Family Median Sales Price +12% ~ $2,100,000. in July 2023 vs. $1,879,500. in July 2022 Single Family Average Sales Price -8% ~…
The Market is Shifting Single Family Homes Sold -27% ~ 72 in April 2023 vs. 98 in April 2022 Single Family Median Sales Price -17% ~ $2,008,396. in April 2023 vs. $2,425,000. in April 2022 Single Family Average Sales Price -11% ~ $3,307,654. in April 2023 vs. $3,700,966. in April 2022 Single Family…
Number of Cash Sales Increase Amid Higher Interest Rates Single Family Homes Sold -40% ~ 67 in March 2023 vs. 112 in March 2022 Single Family Median Sales Price -2% ~ $2,255,000. in March 2023 vs. $2,300,000. in March 2022 Single Family Average Sales Price -18% ~ $3,248,239. in March 2023 vs. $3,954,966. in…