September Market Update

Illona Matteson's image for September Blog Post

We are just watching the numbers closely. You can really see the shift coming in little by little.

January 2024 September 2024
Active Inventory – All 870 1184
Active Inventory Homes – 424 586
Under Contract – 24% 21%
Absorption Rate – 5.4 6.4
SF Absorption Rate – 4.3 5.3
Price Reductions/Month – 171 307

If you would like a more specific analysis for your real estate goals, give me a call!