The monthly January PAR stats are now available on Dropbox.
HIGHLIGHTS
- January sales are down from last month and down from last year with 536 units sold. December 2022 there were 716. Number of sales Y-O-Y, down 32.4%.
- January average days on market is up from December to: 51 Days.
- Average sold price is $336,488, this is down from the prior month and Down 1.0% since December 2021 Y-O-Y, $339,839.
- January inventory is down to: 1982 units, up from January 2022, with 809 units. Y-O-Y increase in inventory of 145%
- Months inventory is 3.7 months, up from December at 2.8 months, and up from January 2022 with 1.0 months inventory.
- Average List to sold price difference in December was -3.8% a change from -2.8% in December.
- The inventory of homes remains low. With 3.8 months inventory, is still a sellers market but on the verge of a neutral market in our area. When Months Inventory is less than 4.0 months it is considered a seller’s market.6.0 months or more is a buyer's market.
