RESIDENTIAL

34%
fewer active listings – inventory is VERY low!

70%
MORE sales with a 29% increase in PENDING sales!

47%
HIGHER sales price

Homes selling at
88%
of listed price

$429,671
Average sales price

$295,000
Median sales price

Absorption rate has dropped from 17 months to a little over 6 months

CONDOS

27%
fewer active listings

190%
MORE sales

10.2%
lower sales price
(huge surge in purchase of inexpensive condos due to rental shortage)

Condos selling at
93%
of listed price

$187,193
Average sales price

$135,000
Median sales price

Absorption rate has dropped from 13 months to a little over 4 months

LAND

8.6%
more listings

21%
more sales

94%
increase in pending listings

14%
lower sales price

Land selling at
87%
of listed price

$59,569
Average sales price

$37,000
Median sales price

Absorption rate has dropped from 60 months to 50 months