4.19.22 Market Update
Several new listings saw a dramatic spike in median days on market, resulting in 18 days!
Several new listings saw a dramatic spike in median days on market, resulting in 18 days!
Three new active listings have a median $/SQFT of $183.25, decreasing the median in comparison to Q1 2022.
The first quarter saw a 22% drop in home sales while the lack of supply drove sales prices up 15% from the end of Q4 2021. Below are the Q1 stats:
Homes sold- 256
Median SQFT/Home- 2061sqft
Median Year Built- 1984
Median Acres- .17 Acres...
Several new listings entering the market as we approach another weekend.
Not a cloud in the sky on this Wednesday, as several new listings enter the market.
Although today's closings included a median sales price that exceeded the listing price at 107.1%, the median days on market increased to 13 days.