Single-Family Homes
This answers “How’s the Market?” by comparing rate of sales versus inventory.
The market has been consistently cool for several weeks. Demand level are low relative to the available inventory. It's a Buyer's market and prices continue to fall. Look for a persistent shift in Market Action before prices plateau or begin to rise again.
Median List Price | ||
Median Price of New Listings | ||
Per Square Foot | ||
Average Days on Market | ||
Median Days on Market | ||
Price Decreased | ||
Price Increased | ||
Relisted | ||
Inventory | ||
Median Rent | ||
Market Action | ||
The market has been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle.
Each segment below represents approximately 25% of the market ordered by price.