Quarterly Market Detail - Q3 2022 Single Family Homes Monroe County
Q3 numbers are in for single family homes in Monroe County. What we have been seeing the last few months definitely shows in the numbers. Sales have continued to be down for Q3 2022 and days on market have increased by 65%. We had seen a slight uptick in inventory earlier this year, however new listings are still down 18% over last year. While we anticipated seeing more homes come on the market, it still has not happened at the rate anticipated. Signs are leaning towards a more balanced market but we aren't quite there yet.
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