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
443
-26%
MEDIAN SALES PRICE – 2023
$991K
CHANGE FROM 2022
PENDING LISTINGS – 2023
55
-52%
81%%
CHANGE FROM 2022
SALES VOLUME – 2023
$620M -25
%
CHANGE FROM 2022
CHANGE FROM 2022
OCTOBER 2023
M E D I A N D AY S O N M K T – 2 0 2 3
13
86% CHANGE FROM 2022
PRICE PER SQ FT – 2023
$766 8
%
CHANGE FROM 2022
ACTI V E R ES I D E NTI A L LI STI NGS – OCTO BE R 1, 2 023
150
-11% CHANGE FROM 2022
In the automotive world, a governor is a device in an engine that controls its speed. In the real estate world, residential listings, or the amount
You’re invited to imagine what’s next.
of supply available for purchase, control the speed of the market. After nearly 13 years of seeing the market steadily increase in activity, the dramatic drop in October inventory (-11%) in 2023 put a governor on
the market , and the pace of sales dropped 26%. However,
low inventory has put more pressure on property values, with October price per sq ft residential values increasing 8%