New Listings

New listings (2,653) decreased 28.0% from the 3,684 listed in April 2022 and increased 1.1% from the 2,623 listed in March 2023.

Pending Sales

Pending sales (2,164) decreased by 28.0% from the 3,005 offers accepted in April 2022 and increased by 4.1% from the 2,079 offers accepted in March 2023.

Closed Sales

Closed sales (1,707) decreased 38.6% from the 2,782 closings in April 2022 and 2.2% from the 1,745 closings in March 2023.

Inventory and Time on Market

Inventory increased to 1.9 months in April. As a result, the total market time decreased to 47 days.

Year-to-Date Summary

Comparing the first four months of 2023 to the same period in 2022, new listings (9,086) decreased 25.9%, pending sales (7,403) decreased 29.9%, and closed sales (6,120) decreased 34.9%.

Average and Median Sale Prices

Comparing 2023 to 2022 through April, the average sale price has decreased 4.6% from $605,600 to $577,500. In the same comparison, the median sale price has decreased by 3.7% from $539,000 to $519,000.

Read the full report here.

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