April Market Report-no fooling no slowing in sight

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Real Estate

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Market Analysis Courtesy of Land Title Guarantee CompanySee the Full ReportMarket Snapshot for YTD 2023 vs Full Year 2022:  Average Indicators for $: Single Family +6%, Multi- Family +3% and Vacant Land -39%. Median Indicators for Single Family +1%, Multi- Family -4% and Vacant Land -59%.Market Analysis % Change YTD February 2023: Monetary volume in February 2023 was down ONLY 2% from February 2022. Transactions were down 15% from February 2022. YTD 2023, monetary volume is pacing 35% down and 33% down with transactions from YTD 2022. Again low inventory is the main culprit here. Can't sell it if it's not for sale. Weekly Market Update 3/31/23  191 non-preconstruction Active listings. Growing slowly 118 Non-preconstruction Pendings.Solds last 30 days ave 98.2% of list price. Holding steady. Pendings DOM; Median 7 Ave 41. Down Again! Properly priced homes are still in High Demand.Week of March 24th;Price Decrease (17)Price Increase (1)New Listing (39)Back On Market (3)Pending (29)Sold (38)Withdrawn (5)Expired (3)