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But probably not for long as buyers are willing to overbid on properties they want. The average List Price and the Average Sale Price increased during May.
The median sales price in May 2024 was $300,000, up 8.99% from $275,250 from the previous month and 5.26% higher than $285,000 from May 2023. The May 2024 median sales price was at its highest level compared to May 2023 and 2022.
The average sales price in May 2024 was $366,621, up 10.14% from $332,877 from the previous month and 8.11% higher than $339,116 from May 2023. The May 2024 average sale price was at its highest level compared to May 2023 and 2022.
Getting ready to start house hunting or put your home on the market- make sure you have the correct pricing for each neighborhood.