Infographics

In August 2023, pending home sales fell 7.1% month-over-month.

August 2023 brought 4.04 million in sales, a median sales price of $407,100, and 3.3 months of inventory. The median sales price is up 3.9% year-over-year, and inventory was up 0.1 months from August 2022.

The top 10 metro areas with the largest year-over-year price increases all recorded gains of at least 10.4%, with six of those markets in the Midwest.

The results of a poll conducted in April 2023 of 2,000 adults in the fifty-largest metro areas found that demand for living in a walkable community remains robust, following the Coronavirus pandemic.

Three of the 10 metro areas with the largest percent gains in existing single-family home price in 2023 Q1 were in Wisconsin and North Carolina.

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Seven of the 10 metro areas with the largest percent gains in existing single-family home price in 2022 Q4 were in Florida and North or South Carolina and the others were in New Mexico, Texas, and Wisconsin.