As we head into the spring market, we’re seeing recent trends settling in. The lack of inventory is being felt across the board. While Closed Sales in February 2022 were up 29% compared to the 5-year-average for the month, New Listings and New Pending Sales saw decreases. There were 33 New Residential Listings in February 2022 [...]
The first month of 2022 provided an interesting outlook on what we might expect for the year moving forward. While we saw improvements in some sections, there were decreases for other sectors. Closed Sales for the month we up nearly 30%, with 40 homes selling January 22 compared to the 5-year-average for the month of 31. New [...]
November 2021
It’s been a busy fall season! November said some increases across the board, most likely resulting from the increase in New Listings. There were 52 New Listings in November 2021, a 33% increase over the 5-year-average of 39 for the month. The bump in New Listings most likely attributed to the increase in New Pending Sales, [...]
While the temperatures are cooling off, the market isn’t! October actually saw increases in some areas for the first time since early Summer. New Listings saw a 22% increase in October 2021, with 60 homes listed compared to the 5-year-average for the month of 49. Closed Sales increased 10%, with 67 in October 2021 compared the [...]
The market remained steady and fairly flat in September 2021. There were 70 Closed Residential Sales in September 2021 compared to the 5-year-average for the month of 69 homes. New Pending Sales were up slightly, with 71 in September 2021 compared to the average of 65. New Listings were relatively flat, with 66 this September [...]
August was an interesting month! Looking at the statistics as a whole, compared to the 5-year-average, there are some key differences that follow our current market trends. Closed Sales were up 20%, with 61 in August 2021 compared to the 5-year-average for the month of 51. New Pending Sales, however, were below the 5-year-average [...]
It was a busy month! In what is typically the tail-end of our ‘listing season,’ June New Listings came in at 81, a 4% drop from the 5-year-average of 84 for the month of June. Active Listings (total inventory) remains very low, dropping 184% from the 5-year-average of 336 to the total inventory of 118 in June 2021. There were 66 [...]
May was a busy month, following our current market trends for the most part. After a drop below average for New Listings in April – the first time this was below average in several months despite low inventory – May 2021 closed a gap a bit, with 91 new listings compared to the average of 95. Active Listings remain well below [...]
April 2021
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