Market Update

Market Watch – Week Ending October 13, 2024

The median list price is $419,990 for the week ending October 13. Typically, the fall season experiences a trend of consecutive declines as the market begins to cool; however, this week saw a 2.1% increase from the previous week, resulting in list prices that are 6.6% higher compared to the same week in 2023. This uptick indicates a resurgence of buyers in the market, which has helped maintain...

Market Watch – Week Ending October 6, 2024

For the week ending October 6, the median list price in the Bright MLS service area was $410,450, marking a 1.1% decline and continuing a trend of decreases for the fourth consecutive week. This drop is typical as we transition further into fall. However, despite this seasonal trend, the current median list price remains 2.9% higher than it was during the same...

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