February 2023 broke records in two categories. In this report, the DMAR Market Trends Committee examined the records broken last month.
CLOSE PRICE — AVERAGE
- (Residential) $657,921 represents the highest February on record. The previous record high was 2022 of $649,536.
- (Attached) $473,995 represents the highest February on record. The previous record high was 2022 of $459,690.
NEW LISTINGS
- (Residential) 3,451 new listings represents the lowest February on record. The previous record low was 2009 with 3,755.
- (Detached) 2,414 new listings represents the lowest February on record. The previous record low was 2009 with 2,857.
Source: https://www.dmarealtors.com/