September Residential Highlights:
New listings (192) increased 11.6% from the 172 listed in September 2020, and decreased 10.7% from the 215 listed in August 2021. Pending sales (187) increased 5.6% from the 177 offers accepted in September 2020, and increased 2.7% from the 182 offers accepted in August 2021. Closed sales (143) decreased 14.9% from the 168 closings in September 2020, and decreased 11.2% from the 161 closings in August 2021.
Inventory and Time on Market:
Inventory held steady at 1.9 months in September. Total market time increased to 35 days.
Year to Date Summary:
Comparing the first nine months of 2021 to the same period in 2020, new listings (1,810) increased 9.4%, pending sales (1,440) decreased 4.1%, and closed sales (1,308) decreased 1.2%.
Average and Median Sales Prices:
Comparing 2021 to 2020 through September, the average sale price has increased 20.3% from $261,100 to $314,100. In the same comparison, the median sale price has increased 18.8% from $239,900 to $285,000.
In the link below, you will find the latest market statistics for home sales in your neighborhood!
CLICK HERE TO VIEW THE REPORT!
*Inventory in Months is calculated by dividing the Active Residential Listings at the end of the month in question by the number of closed sales for that month. This number includes proposed and under construction homes.