News
The Weekly Pulse 1-23-23
January 23, 2023
Hello! Here’s the update on last week’s housing market activity. In addition to our regular weekly report, these weekly and monthly charts go beyond some of the higher-level trends. Here’s what the latest data is telling us:
- The only two price brackets with an increase in showings compared to last year were $500-600K and $800K-1M.
- Listings between $250-300K made up 17.0 percent of all showings (18.3 percent last year) while listings over $1M made up 2.0 percent of all showings (1.6 percent last year).
- Pending sales were down about 27.0 percent overall but listings priced between $500-750K saw only a 9.5 percent decrease in the number of accepted offers compared to the year prior.
Thanks for stopping by, and be sure to check back next week!