MARKET REPORT 2024 Q3
Demand has returned to pre-covid sales levels and remained relatively stable since Q2 2022. Pended and closed sales are within 2% and 5% of “normal” pre-covid levels respectively. Albeit, our market is not as impacted by interest rates as the national market, yet rates do have an influence on our market. With rates declining and new inventory arriving this year, the outlook for demand is positive.
- 38Median Days On Market
- $1,630,000Median Sold Price
- 281Number Of Sold Properties
2nd Quarter of 2024
Median Days on Market | 42
Median Sold Price | $1,734,500
Numbers of Sold Properties | 231
1st Quarter of 2024
Median Days on Market | 76
Median Sold Price | $1,900,000
Numbers of Sold Properties | 158
4th Quarter of 2023
Median Days on Market | 65
Median Sold Price | $2,100,000
Numbers of Sold Properties | 215