MARKET REPORT

  December 2022 was a Seller's market! The number of for sale listings was up 60.2% from one year earlier and down 17.5% from the previous month. The number

of sold listings decreased 45.5% year over year and decreased 5.6% month over month. The number of under contract listings was down 17.4% compared to

previous month and down 36.7% compared to previous year. The Months of Inventory based on Closed Sales was 2.3, up 192.9% from the previous year.

The Average Sold Price per Square Footage was down 1.7% compared to previous month and down 4.2% compared to last year. The Median Sold Price decreased

by 3.2% from last month. The Average Sold Price also decreased by 3.2% from last month. Based on the 6 month trend, the Average Sold Price trend was

"Depreciating" and the Median Sold Price trend was "Depreciating".

The Average Days on Market showed a upward trend, an increase of 100% compared to previous year. The ratio of Sold Price vs. Original List Price was 93%, a

decrease of 7% compared to previous year.