November Single Family Market Report
Posted by Stuart Neal on
November Single Family Market Report
Single family home prices stay higher in November.
Sales Prices
Sales prices continue to climb. In November 2023, average sales prices settled at almost $458,000 down slightly on the month before, but up by $8,000 compared to November 2022. For the last 5 months, sales values have equaled or exceeded values for the same time last year. The single-family home market is trending up. When compared to 2022, average prices are 3% up based on average sales value.
Sales Volume
Around 770 homes sold in November 2023 compared to 570 homes in November 2022. For the last 6 months sales volume has easily matched or exceeded volume for 2022.
Days on Market
Average days on market in November…
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