New listings have increased since December, but the overall number of listings have decreased, and sold listings are down. Active median prices are relatively flat, but new median list price spikes. This is a buyer opportunity to revisit stale listings- or for sellers and agents to revisit marketing strategies pricing. Absorption rates fall from 4 months in December to nearly 3 months in January. The sold to list ratio gap widens. Days on market increase modestly. Active list price goes down, new list price goes up, and sold sales volume goes down. See the charts for an overview, the listings details for more granular information, or the summary statistics for well, a summary of absorption rates, prices and days on market.
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