Drum Roll......... the numbers are in for 2022 compared to 2021!
- New listings were down through most of 2022. This was part of the equation that created low inventory.
- The number of closed sales was at an increase during the first half of 2022, but ended in a decrease for the total year compared to 2021. This is partly because the squeeze in inventory actually limited the number of transactions happening in the market, particularly in high demand areas.
- Pricing is still at an increase with average sales price up 12+% for the total year.
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