We ended 2022 at the same median sales price of $425,000 that we ended with in December of 2021. Besides entering what is usually the slowest time of year for the housing market, rising mortgage interest rates have caused a contraction of sales. At the same time, we know that the housing market is cyclical and that the bottom is not falling out. This would be indicative of the median sale price being close to what it was at pre-pandemic levels. With prices leveling off and more homes available for sale, we’re seeing a more balanced market that makes it easier for buyers to purchase.
For us at Stacy Sheeley Homes, 2022 was a chance to continue capturing market attention by providing the highest level of service, savvy negotiation tactics and top marketing strategies. We expanded our team welcoming two new agents as well as a new marketing director. We continue to grow and flourish through increasingly record breaking years.
Median Home Price$425,000 +0.0% from December 2021 Homes Sold 1,534 -51.7% from December 2021 Homes Without Offers 6,211 +175.9% from December 2021 Homes Sold Within 30 Days 40.8% -34.3% from December 2021