April 3, 2023
Over the past four years, the real estate market, locally and nationally, has defied all norms and expectations. The pandemic, the rise of remote work, and fluctuations in the interest rate all affected where we are now. In 2025, the data indicates a return to normalcy.
Comparing January to July to 2022 numbers, we’re down 34 percent in total sales — yet the pace of the market is breakneck.
By mid-March, available houses tightened to 4.5 months of inventory — that puts us squarely in a neutral market.
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