August 2022 was yet another record-breaking month – but only in two categories. In this report, the DMAR Market Trends Committee examined the various records broken in this month.
CLOSE PRICE — MEDIAN
- (Residential) $579,900 represents the highest August on record. The previous record was 2021 of $534,500.
- (Detached) $645,000 represents the highest August on record. The previous record was 2021 of $580,000
- (Attached) $400,000 represents the highest August on record. The previous record was 2021 of $371,000.
CLOSE PRICE — AVERAGE
- (Residential) $657,284 represents the highest August on record. The previous record high was 2021 of $615,521.
- (Detached) $744,589 represents the highest August on record. The previous record high was 2021 of $688,708
- (Attached) $456,013 represents the highest August on record. The previous record high was 2021 of $439,896.
Source: https://www.dmarealtors.com/
