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Category Archives: Uncategorized
Contracts bounce back after two-week dip
April 11, 2023Posted by on
The total number of residential listings that went under contract in MRED’s marketplace last week was 3,045. That was a 3% week-over-week increase, putting an end to two consecutive weeks of decline.
Median sales price reaches eight-month high
April 4, 2023Posted by on
The median sales price in MRED’s residential marketplace increased 2% week-over-week to kick off the month of April. That jump to $295,000 didn’t reach 2022’s total of $300,000 during the same span, but it marked the largest single-week total since August of last year.
Total active listings reach three-month high
March 28, 2023Posted by on
The week-over-week jump in total active residential listings was a half percent last week. It was the ninth increase in 12 weeks and marked the largest single-week total since mid December.
New residential listings register slight dip
March 21, 2023Posted by on
Following a major increase to start the month, new residential listings in MRED’s marketplace dipped for the second straight week. Last week’s 4,465 new listings marked a 2% week-over-week decrease and a 23% year-over-year decline.
See the full weekly market snapshot.
Residential contracts continue upward creep
March 14, 2023Posted by on
Contacts in MRED’s residential marketplace notched a week-over-week increase for the second straight week. The 3,053 listings that went under contract last week marked only the second time since early September that metric eclipsed 3,000.
Closed listings at five-month high
March 7, 2023Posted by on
MRED’s residential marketplace saw a 108% week-over-week spike in closed residential listings during the first week of March. Start-of-month increases are typical, but this jump led to the largest single-week closed listing total since early October.