Real Estate Market Trends
Stay informed about the latest market trends and make data-driven decisions.
Current Market Overview
Last updated: Today
Average Home Price
$425,000
Monthly Change
2.3%
Yearly Change
-1.2%
Market Activity
30-day metrics
Avg Days on Market32 days
New Listings245
Price Reductions15%
Price Trends
Price per sq ft
Single Family$225/sq ft
Condos$325/sq ft
Townhouses$275/sq ft
Market Analysis
The current real estate market shows signs of stabilization after a period of significant price growth. Key factors influencing the market include:
- Inventory Levels: Housing inventory has increased by 15% compared to last year, providing more options for buyers.
- Price Adjustments: We're seeing more price reductions as sellers adapt to changing market conditions.
- Market Speed: Properties are staying on the market longer, giving buyers more time to make decisions.