The most recent real estate market statistics are in from October 2023! Curious about what's going on in your local market? Below you will find some highlights, and a link to a full report of market activity from this past month. What is your home valued at in today's market? Get in touch and we'll provide you with a full custom home and local market assessment!
Key Market Metrics
MEDIAN SOLD PRICE: $294,250
LIST-TO-SOLD PRICE RATIO: 104.6%
MEDIAN DAYS ON MARKET: 5
NEW LISTINGS: 16
SOLD LISTINGS: 14
Key Market Change Highlights
Since this time last year..
The median Sales price has increased by over $60K compared to this time last year - up from $231K last year to $294K this year.
The median Days on Market has decreased by over 50% - declining to a median of 11 Days on Market in October 2022 to a median of just 5 Days on Market in October 2023 - indicating that homes that come on the market are still selling strongly.
Homes are selling higher over list price at an average of over 104.6%. This have List-to-Sold Price Ratio has increased by over 4% since October 2022, when it was 100.4%. This key market change metric indicates there is still competition between buyers which is continuing to drive sales prices higher.
Sales Prices are up, inventory is low, competition is high - if you're thinking of selling, don't miss this opportunity! Reach out to us today to find out what your home is worth!
View the Whole Report Below
The property information herein is derived from various sources that may include, but not be limited to, county records and the Multiple Listing Service, and it may include approximations. Although the information is believed to be accurate, it is not warranted and you should not rely upon it without personal verification. ©2023 Coldwell Banker. All Rights Reserved. Coldwell Banker and the Coldwell Banker logos are trademarks of Coldwell Banker
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