Hello and welcome! We hope you all enjoyed your Independence Day. Now let’s dig into our in-depth look at the latest 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 are telling us:
- Metro-wide sales were generally down in late June, 10.7 percent lower than this time last year, but certain price segments of the market are up including a 46.4 increase in $1M+ sales.
- Showings under $400K were slightly down while showings on listings between $600K and $1M all rose. Luxury showings grew 77.9 percent.
- Last week’s new listings were down across the board compared to 2022, a 32.6 percent decline on average.