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Closed listings rise for second straight week
February 7, 2023Posted by on
A total of 1,345 residential listings closed in MRED’s marketplace last week. That tally marked a 17% week-over-week increase and the second consecutive week of gains in that metric. Despite the bump, the 2022 mark from the same period still bested this year’s total by 42%.
Residential contracts reach 11-week high
January 17, 2023Posted by on
A total of 2,451 residential listings went under contract in MRED’s marketplace last week. That total marked a 62% week-over-week jump while reaching the largest single-week total since late October. It was the second consecutive week of increase in that metric.
Open houses open back up
January 10, 2023Posted by on
The first full week of 2023 saw the typical post-holiday increase in several key market indicators. One of the largest jumps came from residential open houses, which experienced a 634% week-over-week bump.
Weekly Snapshot: New year, new listings increase
January 3, 2023Posted by on
New residential listings in MRED’s marketplace began to increase as the calendar flipped to 2023. Last week’s 2,288 new listings marked a 35% week-over-week increase while falling 8% short of the same key market indicator during the same span last year.
Residential median sales price increases
December 20, 2022Posted by on
The median residential sales price in MRED’s marketplace increased 2% on a week-over-week basis during the Dec. 12 to Dec. 19 period. That same span also marked a 2% annual decrease heading into the final full week of 2022.
Residential contracts see second weekly jump
December 13, 2022Posted by on
Contracts in MRED’s residential marketplace increased by 9% on a week-over-week basis during December’s first full week. It was the second week in a row that contracts increased after a holiday decline. Despite the rebound, this total still fell 27% short of the total from the same span in 2021.