NORTH SHORE RESALE MARKET SUMMARY

MLS Resale Highlights

There were 160 total listings, an increase by 58 when compared to the First Quarter of 2022

Compared to the First Quarter of 2022, the average time a unit is on the market has increased for High Rise and Low Rise units by 35 and 21 days, respectively, while Townhome units decreased by one day

The average per square foot sales values for High Rise and Low RIse units increased by $77 and $53, respectively, while Townhomes decreased by $40 when compared to the First Quarter of 2022

The sales range decreased by $44,000 on the lower-end and decreased by $40,100 on the upper-end for Low Rise product since four quarters ago

Two bedroom High Rise product increased in per square foot sales value by $70 while it decreased in the Low Rise product by $38 when compared to the First Quarter of 2022

The average sales price of two and three bedroom Townhome has decreased by $124,413 and $300,718, when compared to the First Quarter of 2022