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May 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

155

-32%

MEDIAN SALES PRICE – 2023

$943K

CHANGE FROM 2022

PENDING LISTINGS – 2023

80

1%% 50

71% %

CHANGE FROM 2022

SALES VOLUME – 2023

$205M -8

%

CHANGE FROM 2022

CHANGE FROM 2022

M AY 2 0 2 3

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

20 186

%

CHANGE FROM 2022

PRICE PER SQ FT – 2023

$691 14

%

CHANGE FROM 2022

A C T I V E R E S I D E N T I A L L I S T I N G S – M AY 1 , 2 0 2 3

68

17% CHANGE FROM 2022

While the market has seen a

decrease in the number of listings sold and sales volume, there has been

You're invited to imagine what's next.

an increase in pending

listings and active listings. The median sale price and

price per SF have increased maintaining strong prices, but listings are staying on the market longer. These factors suggest that the real estate market is

still competitive but may be shifting more towards a buyerfriendly market, particularly as

You're invited to imagine what's next.

interest rates have come down in the last 6 months.


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