MRED Blog

REinventing MLS

Median price increase shows spring market off to robust start

The median sales price for residential listings in MRED’s marketplace reached the highest weekly level since August. A 4% weekly increase and 5% annual bump pushed median prices to $295,000.
See all the trends in our Weekly Market Snapshot.

MRED marketplace sees four-month contract high

MRED market sees most open houses since November

Residential median sales prices posts increase

New listings start heating up

The week of Feb. 14 brought the largest total of new residential listings in MRED’s marketplace since early November. A 14% week-over-week increase in this key metric accompanied a 5% annual bump.

See the trends in the Weekly Market Snapshot.

Total active residential listings reach 2022 high

The total number of active residential listings in connectMLS increased to 38,832 during the second week of February. That was a 1.6% week-over-week increase and marked the largest total of the year.

See all the details in the Weekly Market Snapshot.