December Single-Family Homes Update-HAR Report
Single-family home sales totaled 6,103, down 6.2 percent from December 2022. That followed November’s surprising 4.7 percent sales volume increase – the first upward sales trend in 19 months. The median price was flat at $330,000. The average price was statistically flat at $407,817. Those figures culminate a year of gradual but consistent moderation in home prices. Days on Market (DOM), or the number of days it took the average home to sell, went from 57 to 56 days.