Here are the latest stats. Once a month I share these in a weekly blog post, but here they are in one place.
1) Down from 2022: Keep in mind prices are still down from their peak in May 2022, but they are up from one year ago since prices saw a bigger dip for the second half of 2022.
2) Don’t be rigid: Median price and average price change doesn’t translate rigidly. In other words, it would be a mistake to think your value is up X% since the median is up that much. Maybe. Maybe not. Look to the comps.
3) Smaller counties are erratic: I’m not crazy about some of the price stats in the smaller counties since there just aren’t enough sales to be meaningful. I was hesitant about pushing these stats out, but I decided to anyway. Please note smaller counties are grouped in 60-day chunks since stats are erratic with only 30 days. I might even try 90 days instead.
YEAR OVER YEAR
NOTE: Some smaller counties are showing huge price gains. Take these with a grain of salt though. There just aren’t many sales, and that makes the stats bounce around too much.
MONTH TO MONTH