Market Update

    Data is based on residential detached properties listed in First Multiple Listing Service.

    Sales Price: Calculations are based on sold data. Prices do not account for seller concessions. Average is the mean sales price for all closed sales.

    New Listings: A count of the properties that have been newly listed on the market.

    Days on Market: Average number of days between when a property is listed and when an offer is accepted.

    Months Supply: The inventory of homes for sale at the end of a given month, divided by the average monthly Pending Sales from the last 12 months.

     

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