Published January 25, 2024
Friday with Friends: 2023 Market Recap & 2024 Trends
HOW’S THE MARKET?!
Today Mandy & Abbey are answering this question for you!
With a focus on Monroe and Ontario counties, they’re sharing all the key real estate statistics, trends and insights so you’re informed and confident headed into 2024!
Here’s are a few quick numbers for you:
Median Sales Price: Increase of 12.4% in Ontario & 11.9% in Monroe County in 2023 from 2022.
Closed Sales: Decrease of 20% in Ontario & 13.5% in Monroe County in 2023 from 2022.
Percent of List Price Received: 104.7% in Ontario and 115% in Monroe County in 2023.
A few quick trends we’re seeing:
It’s still a STRONG Seller’s Market with multiple offers and we’re sharing tips on how to best navigate this.
Interest rates are creeping down and we’ll explain how this actually can lead to more listings!
Like and Follow to hear more and, as always, message us for more information or if there’s a topic you’d like for us to put on our list for future episodes!
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