Closing out the month of March 2024, single-family homes, as well as condominium units, reported a total of 437 closed sales. Looking back to March of 2023, this indicates a decline in sales of approximately 2.9% YOY at 437 v. 450.

The average closed sales price for March of 2024 was $451,541, an increase of 3.9% from March 2023 with a closed sales price of $434,932. Median closed sales price for March 2024 was $419,000 up by 4.9% YOY from March 2023 median closed sales price of $399,547.

Inventory, at the time of this report, totals 690 properties or 1.7 months of inventory, a slight decrease from last month.

New construction closed sales increased 52.4% at 96 in March 2024 compared to only 63 in March last year.

New construction closed sales are up by 50% in March 2024 with 96 vs 64 in February 2024. Average new construction sales price for the month of March 2024 was $491,913, a 13.5% decrease YOY versus March of 2023. Median new construction sales price ended March at $449,995 a 7.1% decrease from March 2023 which was $484,392.