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Feb 2023 Market Snapshot

Page 1

POST & BEAM ST E A M B O AT ’ S R E S I D E N T I A L SA L E S B A R O M E T E R

# LISTINGS SOLD – 2023

26

-48%

MEDIAN SALES PRICE – 2023

829K

CHANGE FROM 2022

PENDING LISTINGS – 2023

103

-36%

1%% 14

FEBRUARY 2023

M E D I A N D AY S O N M K T – 2 0 2 3

27

CHANGE FROM 2022

SALES VOLUME – 2023

$29.6M -36

%

CHANGE FROM 2022

80%

CHANGE FROM 2022

PRICE PER SQ FT – 2023

$614

CHANGE FROM 2022

21%

CHANGE FROM 2022

ACTI V E R ES I D E NTI A L LI STI NGS – FE BRUA RY 1, 2 023

97

59%

The trends we saw in Q4 of 2022 have continued into the first month

CHANGE FROM 2022

of 2023.

Seeing is can’t believe-ing Nothing Compares.

Days on market are

increasing as buyer demand has slowed slightly with rising

interest rates and inflation. However, our market is still very

desirable, reflected by the fact that we simply are not

seeing prices

drop. The median sale price and price both up

per square foot are

14% over January 2022,

and we’re still seeing

listings

come available, up 59% over the start of last year.


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Feb 2023 Market Snapshot by Steamboat Sotheby's International Realty - Issuu