1 minute read
Presented By Michael Citron
Total
The Real Estate Market in 2022 has surely shaped the future for years to come as we saw exponential growth in many of our communities. Meadow Run had 15 sales in 2022, and 18 in 2021.
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Some of the biggest changes we have seen in 2022 was the Average Days on Market, as this was our biggest indicator that the buyer frenzy market was slowing down. In 2022, Meadow Run’s Average Days on Market was 19 and in 2021 it was 18 days. That was a 5% in increased time on market.
Median Sales Price
The biggest change in the market was that in 2022 the median sales price in Meadow Run was $1,000,000. The community had it’s fair share of Record Sales this past year. In 2021, it was only $796,000. Although, with the recent increase in interest rates we may expect home prices to decrease as we come into the 1st and 2nd quarters of 2023.
0/2 $1,000,000
0 7 PRICE REDUCTIONS *Data shown for the sales in Meadow Run is based on the MLS as of January 6, 2023 and is deemed to be reliable but should be verified. Our Success In Meadow Run 2022 $3,055,000 Closed In
Sales 3
