Single-Family Homes
This answers “How’s the Market?” by comparing rate of sales versus inventory.
The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.
| 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 | ||
Despite the fact that prices in this zip code dipped a bit this week, the median price hasn’t moved much in the last few weeks and we remain relatively close to the market’s high-water mark. Watch for persistent downward shift in the Market Action Index into the Buyer’s zone as a leading indicator of the price strength subsiding.
Each segment below represents approximately 25% of the market ordered by price.