Local Statistics
Welcome to the Real Estate Market Summary! Below, you'll find the latest statistics to help you understand current trends in the local housing market. Whether you're buying, selling, or simply curious, these insights provide a clear snapshot of the market landscape.
November Market Report
October 2024 Market Highlights
These figures highlight a shifting market, with increased activity in higher price ranges and extended listing times. For more personalized insights or to explore specific neighborhoods, feel free to reach out!
The absorption rate increased to 3.8 months, up 26.67% from October 2023. Year-to-date (YTD), it's up 35.68% compared to 2023.
- Average List Price: $435,703 (+10.45% YoY)
- Median List Price: $345,000 (+5.22% YoY)
- Average Sale Price: $365,322 (+21.48% YoY)
- Median Sale Price: $295,000 (+11.36% YoY)
- Average DOM: 51 days (+54.55% YoY)
- Median DOM: 25 days (+38.89% YoY)
Homes sold: 189 (0.5% increase from October 2023).
- Total homes sold: 1,805 (-1.3% YoY)
- Significant growth in higher price brackets
- $400,000–$499,999: +70% YoY
- $500,000+: +83.3% YoY
- $400,000–$499,999: +70% YoY
Pending transactions reflect a 34% increase in October 2024 compared to October 2023, with a notable rise in higher price categories:
- $250,000–$299,999: +48.7%
- $400,000–$499,999: +50%
- $500,000+: +92%
A steady stream of new listings entered the market in October 2024, increasing by 9.8% YoY:
- Total New Listings: 235 (up from 214)
- Categories showing strong growth include:
- $250,000–$299,999: +54.5%
- $400,000–$499,999: +25%
- $500,000+: +8%
- $250,000–$299,999: +54.5%
