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30 SEC MARKET UPDATE | February 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

This report represents all residential listings in the Stellar MLS coverage area for February 2023.

  • New Listings decreased by 4% month over month and have declined by 8% year over year.
  • Active Listings inventory increased by 101%, more than double from last year. 
  • The number of units sold increased from the previous month and has declined by 20% year over year.
  • Inventory increased for the same time frame.
  • Total Sales Volume increased by 30% month over month and declined by 16% year over year.
  • Average Days on Market has increased 11% month over month. Not only has inventory doubled since last year, but the number of days they remain on the market is more than twice as long as a year ago.
More statistics information, including a printer-friendly, black-and-white version DOWNLOAD HERE:
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