December 2022 was a Seller's market*
Home For Sale in December 2022: 100 units.
• Down 16% compared to last month
• Up 177.8% compared to last year
Home Closed in December 2022: 64 units.
• Up 12.3% compared to last month
• Down 21% compared to last year
Home Placed under Contract in December 2022: 42 units.
• Down 23.6% compared to last month
• Down 33.3% compared to last year
*Buyer's market: more than 6 months of inventory based on closed sales
Seller's market: less than 3 months of inventory based on closed sales
Neutral market: 3 - 6 months of inventory based on closed sales