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
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