November 2023 Market Update

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

510

-22%

MEDIAN SALES PRICE – 2023

$998K

CHANGE FROM 2022

PENDING LISTINGS – 2023

72

-29%

81%%

CHANGE FROM 2022

SALES VOLUME – 2023

$719M -21

%

CHANGE FROM 2022

CHANGE FROM 2022

NOVEMBER 2023

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

14

75% CHANGE FROM 2022

PRICE PER SQ FT – 2023

$772 9

%

CHANGE FROM 2022

ACTI V E R ES I D E NTI A L LI STI NGS – NOV E M BE R 1, 2 023

136

-11% CHANGE FROM 2022

As we approach the end of the year, listings are at their

lowest point in over 30 years, experiencing an 11%

Open the door to what’s next.

decrease compared to last year, meaning little competition

for sellers. Low inventory and competition have kept

prices on the rise. The median sales price has risen by 8% since 2022, and the price per square foot has risen 9%. Given these circumstances, properties

continue to sell quickly, with a median days on market of

approximately two weeks.


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