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COUNTRY CLUB EAST
Published: February 2023*
Property Types: All Res. Proptype - All Properties - All PropertiesAll Property Statuses Price
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The Average For Sale Price was Neutral*
The Average For Sale Price in January was $1,214,000, up 96.4% from $618,000 in January of 2022 and down 19.9% from $1,516,000 last month.
The Average Sold Price was Neutral*
The Average Sold Price in January was $1,628,000, up 85.6% from $877,000 in January of 2022 and up 46.1% from $1,114,000 last month.
The Median Sold Price was Neutral*
The Median Sold Price in January was $1,320,000, up 56.2% from $845,000 in January of 2022 and up 5.6% from $1,250,000 last month.
* Based on 6 month trend – Appreciating/Depreciating/Neutral
It was a Neutral Market*
A comparatively lower Months of Inventory is more beneficial for sellers while a higher months of inventory is better for buyers.
*Buyer’s market: more than 6 months of inventory
Seller’s market: less than 3 months of inventory
Neutral market: 3 – 6 months of inventory
Months of Inventory based on Closed Sales
The January 2023 Months of Inventory based on Closed Sales of 3 was increased by 345% compared to last year and up 36.4% compared to last month. January 2023 was Neutral market.
Months of Inventory based on Pended Sales
The January 2023 Months of Inventory based on Pended Sales of 1.1 was increased by 175% compared to last year and down 80% compared to last month. January 2023 was Seller's market.
