by NICK DIPASQUALE | Feb 3, 2023 | Market Update
market insights Average close price fell slightly from December (1.5%) but was 3% ahead of January 2022 as buyers and sellers jumped back into the market Like the start of last year, the January market gained momentum each week as we saw an increase of 65% new...
by NICK DIPASQUALE | Jan 7, 2023 | Market Update
market insights Average close price fell 3% from November as buyer activity slowed over the holidays and homes were on the market 26% longer While active inventory saw a 24% drop from the previous month, it is up 222% from the record low at this time last year ...
by NICK DIPASQUALE | Dec 5, 2022 | Market Update
market insights Home prices held strong and remained relatively flat, despite a seasonal slowdown with inventory down 14% and days on market up 21% Still working through both sides of a market adjustment, average list price held relatively flat while homes closed...
by NICK DIPASQUALE | Nov 2, 2022 | Market Update
market insights With new listings, closings & average close price down, the market continued to normalize as is expected in fall and looks to be leveling out through the holidays A sign sellers are being forced to adjust with the market, the average list price...
by NICK DIPASQUALE | Oct 11, 2022 | Market Update
market insights We are moving from a strong seller’s market to a more balanced market as inventory & days on market are up along buyer negotiating power Homes continued to close on average under list price for the second straight month and for almost...
by NICK DIPASQUALE | Sep 7, 2022 | Market Update
Highlights An expected seasonal shift in the market meant 18.5% fewer homes were listed in August as we transitioned into the school year Homes closed on average under list price for the first time in 2 years as sellers are realizing they can no longer price at...
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