Monthly Indicators

Huntsville / Madison County

March 2022 Quick Facts

Nationally, existing home sales recently dropped to a 6-month low, falling
7.2% as buyers struggled to find a home amid rising prices and historic low + 8.1% + 24.1% + 12.7%
inventory. Pending sales are also down, declining 4.1% as of last measure, Change in Change in Change in
according to the National Association of REALTORS®. Builders are working Closed Sales Median Sales Price Homes for Sale
hard to ramp up production—the U.S. Census Bureau reports housing All Properties All Properties All Properties
starts are up 22.3% compared to a year ago—but higher construction costs
and increasing sales prices continue to hamper new home sales, despite
high demand for additional supply. A research tool provided by ValleyMLS.com defining Huntsville / Madison County
by the following high schools: Bob Jones, Buckhorn, Columbia, Grissom, Hazel
New Listings increased 2.7 percent for Single Family homes but decreased Green, Huntsville, James Clemens, Jemison, Lee, Madison County, New Century,
16.4 percent for Townhouse/Condo homes. Pending Sales decreased 7.7 New Hope and Sparkman. Percent changes are calculated using rounded figures.
percent for Single Family homes but remained flat for Townhouse/Condo
homes. Inventory increased 14.1 percent for Single Family homes but
decreased 5.6 percent for Townhouse/Condo homes. Single Family Market Overview 2
Townhouse/Condo Market Overview 3
Median Sales Price increased 23.9 percent to $338,000 for Single Family
homes and 9.0 percent to $275,000 for Townhouse/Condo homes. Days on New Listings 4
Market decreased 47.1 percent for Single Family homes and 37.5 percent Pending Sales 5
for Townhouse/Condo homes. Months Supply of Inventory increased 16.7
percent for Single Family homes but remained flat for Townhouse/Condo
Closed Sales 6
homes. Days on Market Until Sale 7
Median Sales Price 8
Across the country, consumers are feeling the bite of inflation and surging
mortgage interest rates, which recently hit 4.6% in March, according to Average Sales Price 9
Freddie Mac, rising 1.4 percent since January and the highest rate in more Percent of List Price Received 10
than 3 years. Monthly payments have increased significantly compared to
this time last year, and as housing affordability declines, an increasing Housing Affordability Index 11
number of would-be homebuyers are turning to the rental market, only to Inventory of Homes for Sale 12
face similar challenges as rental prices skyrocket and vacancy rates remain
at near-record low. Months Supply of Inventory 13
All Properties Combined 14

Current as of April 8, 2022. All data from ValleyMLS. Report © 2022 ShowingTime.
Single Family Market Overview
Key metrics by report month and for year-to-date (YTD) starting from the first of the year. Single Family properties only, which includes
Patio Homes.

Key Metrics Historical Sparkbars 3-2021 3-2022 % Change YTD 2021 YTD 2022 % Change

New Listings 830 852 + 2.7% 2,240 2,299 + 2.6%

3-2020 9-2020 3-2021 9-2021 3-2022

Pending Sales 831 767 - 7.7% 2,322 2,063 - 11.2%

3-2020 9-2020 3-2021 9-2021 3-2022

Closed Sales 710 778 + 9.6% 1,864 1,823 - 2.2%

3-2020 9-2020 3-2021 9-2021 3-2022

Days on Market Until Sale 17 9 - 47.1% 19 11 - 42.1%

3-2020 9-2020 3-2021 9-2021 3-2022

Median Sales Price $272,879 $338,000 + 23.9% $267,000 $328,803 + 23.1%

3-2020 9-2020 3-2021 9-2021 3-2022

Average Sales Price $312,498 $371,271 + 18.8% $301,364 $359,795 + 19.4%

3-2020 9-2020 3-2021 9-2021 3-2022

Percent of List Price Received 101.4% 102.2% + 0.8% 101.0% 101.7% + 0.7%
3-2020 9-2020 3-2021 9-2021 3-2022

Housing Affordability Index 128 106 - 17.2% 131 109 - 16.8%

3-2020 9-2020 3-2021 9-2021 3-2022

Inventory of Homes for Sale 469 535 + 14.1% –– –– ––

3-2020 9-2020 3-2021 9-2021 3-2022

Months Supply of Inventory 0.6 0.7 + 16.7% –– –– ––

3-2020 9-2020 3-2021 9-2021 3-2022

Current as of April 8, 2022. All data from ValleyMLS. Report © 2022 ShowingTime.  |  2
Townhouse/Condo Market Overview
Key metrics by report month and for year-to-date (YTD) starting from the first of the year. Townhouse/Condo properties only.

Key Metrics Historical Sparkbars 3-2021 3-2022 % Change YTD 2021 YTD 2022 % Change

New Listings 55 46 - 16.4% 127 155 + 22.0%

3-2020 9-2020 3-2021 9-2021 3-2022

Pending Sales 40 40 0.0% 126 121 - 4.0%

3-2020 9-2020 3-2021 9-2021 3-2022

Closed Sales 53 47 - 11.3% 125 110 - 12.0%

3-2020 9-2020 3-2021 9-2021 3-2022

Days on Market Until Sale 16 10 - 37.5% 14 8 - 42.9%

3-2020 9-2020 3-2021 9-2021 3-2022

Median Sales Price $252,400 $275,000 + 9.0% $240,000 $236,950 - 1.3%

3-2020 9-2020 3-2021 9-2021 3-2022

Average Sales Price $250,274 $266,268 + 6.4% $219,382 $256,623 + 17.0%

3-2020 9-2020 3-2021 9-2021 3-2022

Percent of List Price Received 102.1% 101.6% - 0.5% 101.8% 102.2% + 0.4%
3-2020 9-2020 3-2021 9-2021 3-2022

Housing Affordability Index 139 130 - 6.5% 146 151 + 3.4%

3-2020 9-2020 3-2021 9-2021 3-2022

Inventory of Homes for Sale 36 34 - 5.6% –– –– ––

3-2020 9-2020 3-2021 9-2021 3-2022

Months Supply of Inventory 0.8 0.8 0.0% –– –– ––

3-2020 9-2020 3-2021 9-2021 3-2022

Current as of April 8, 2022. All data from ValleyMLS. Report © 2022 ShowingTime.  |  3
New Listings
A count of the properties that have been newly listed on the market in a given month.

Single Year-Over-Year Townhouse Year-Over-Year

March Year to Date New Listings Family Change / Condo Change

Apr-2021 944 + 7.6% 38 + 31.0%

2,325 May-2021 818 - 7.6% 44 + 37.5%

890 2,240 2,299
830 852 Jun-2021 847 - 10.0% 69 + 30.2%
Jul-2021 950 + 3.6% 52 + 23.8%
Aug-2021 998 + 13.0% 44 - 8.3%
Sep-2021 854 + 4.9% 22 - 58.5%
Oct-2021 824 + 2.6% 42 + 23.5%
Nov-2021 708 + 1.6% 45 + 28.6%
Dec-2021 538 - 3.1% 53 + 8.2%
Jan-2022 711 + 2.9% 51 + 37.8%
45 55 46 123 127 155
Feb-2022 736 + 2.4% 58 + 65.7%

+ 7.9% - 6.7% + 2.7% - 29.7% + 22.2% - 16.4% + 9.9% - 3.7% + 2.6% - 3.1% + 3.3% + 22.0% Mar-2022 852 + 2.7% 46 - 16.4%
2020 2021 2022 2020 2021 2022 2020 2021 2022 2020 2021 2022 12-Month Avg 815 + 1.7% 47 + 11.9%
Single Family Townhouse/Condo Single Family Townhouse/Condo

Historical New Listings by Month Single Family Townhouse/Condo

1,200

1,000

800

600

400

200

0
1-2015 1-2016 1-2017 1-2018 1-2019 1-2020 1-2021 1-2022

Current as of April 8, 2022. All data from ValleyMLS. Report © 2022 ShowingTime.  |  4
Pending Sales
A count of the properties on which offers have been accepted in a given month.

Single Year-Over-Year Townhouse Year-Over-Year

March Year to Date Pending Sales Family Change / Condo Change

Apr-2021 824 + 12.3% 34 + 25.9%

2,322 May-2021 760 - 8.5% 35 - 7.9%

2,200
831 2,063 Jun-2021 883 - 1.2% 71 + 61.4%
782 767 Jul-2021 767 - 11.5% 63 + 50.0%
Aug-2021 814 - 10.6% 42 - 40.8%
Sep-2021 727 - 4.8% 25 - 60.9%
Oct-2021 722 - 7.6% 35 - 14.6%
Nov-2021 638 - 6.9% 32 + 18.5%
Dec-2021 568 - 9.3% 33 - 2.9%
Jan-2022 612 - 19.8% 49 - 2.0%
39 40 40 109 126 121 Feb-2022 684 - 6.0% 32 - 11.1%

+ 7.9% + 6.3% - 7.7% - 25.0% + 2.6% 0.0% + 14.2% + 5.5% - 11.2% + 5.8% + 15.6% - 4.0% Mar-2022 767 - 7.7% 40 0.0%
2020 2021 2022 2020 2021 2022 2020 2021 2022 2020 2021 2022 12-Month Avg 731 - 6.9% 41 - 4.7%
Single Family Townhouse/Condo Single Family Townhouse/Condo

Historical Pending Sales by Month Single Family Townhouse/Condo

1,000

800

600

400

200

0
1-2015 1-2016 1-2017 1-2018 1-2019 1-2020 1-2021 1-2022

Current as of April 8, 2022. All data from ValleyMLS. Report © 2022 ShowingTime.  |  5
Closed Sales
A count of the actual sales that closed in a given month.

Single Year-Over-Year Townhouse Year-Over-Year

March Year to Date Closed Sales Family Change / Condo Change

Apr-2021 712 + 7.1% 33 + 57.1%

1,864 May-2021 703 - 0.6% 47 + 74.1%
1,823
1,727 Jun-2021 913 + 9.5% 49 + 69.0%
778
Jul-2021 889 - 1.2% 45 - 2.2%
710
638 Aug-2021 840 + 3.6% 31 - 6.1%
Sep-2021 900 + 7.4% 45 + 2.3%
Oct-2021 791 - 1.4% 36 - 16.3%
Nov-2021 720 + 3.6% 43 - 8.5%
Dec-2021 800 - 1.7% 49 - 15.5%
Jan-2022 499 - 13.5% 30 - 36.2%
41 53 47 102 125 110 Feb-2022 546 - 5.4% 33 + 32.0%

+ 8.5% + 11.3% + 9.6% + 17.1% + 29.3% - 11.3% + 11.6% + 7.9% - 2.2% + 18.6% + 22.5% - 12.0% Mar-2022 778 + 9.6% 47 - 11.3%
2020 2021 2022 2020 2021 2022 2020 2021 2022 2020 2021 2022 12-Month Avg 758 + 1.9% 41 + 5.1%
Single Family Townhouse/Condo Single Family Townhouse/Condo

Historical Closed Sales by Month Single Family Townhouse/Condo

1,000

800

600

400

200

0
1-2015 1-2016 1-2017 1-2018 1-2019 1-2020 1-2021 1-2022

Current as of April 8, 2022. All data from ValleyMLS. Report © 2022 ShowingTime.  |  6
Days on Market Until Sale
Average number of days between when a property is listed and when an offer is accepted in a given month.

Single Year-Over-Year Townhouse Year-Over-Year

March Year to Date Days on Market Family Change / Condo Change

Apr-2021 14 - 57.6% 4 - 89.7%

May-2021 9 - 65.4% 24 + 9.1%
36 36
Jun-2021 11 - 57.7% 14 - 12.5%
40
Jul-2021 8 - 61.9% 18 + 63.6%
Aug-2021 8 - 57.9% 13 - 35.0%
29
Sep-2021 8 - 52.9% 17 - 19.0%
17 16 Oct-2021 9 - 43.8% 10 - 58.3%
19
Nov-2021 12 - 33.3% 9 - 70.0%
10 14
9 11 Dec-2021 11 - 38.9% 5 - 58.3%
8
Jan-2022 12 - 40.0% 6 - 50.0%
Feb-2022 12 - 42.9% 9 - 10.0%

- 34.5% - 52.8% - 47.1% + 16.1% - 55.6% - 37.5% - 27.3% - 52.5% - 42.1% - 38.3% - 51.7% - 42.9% Mar-2022 9 - 47.1% 10 - 37.5%
2020 2021 2022 2020 2021 2022 2020 2021 2022 2020 2021 2022 12-Month Avg* 10 - 51.7% 12 - 35.5%
Single Family Townhouse/Condo Single Family Townhouse/Condo
* Days on Market for all properties from April 2021 through March 2022. This
is not the average of the individual figures above.
Historical Days on Market Until Sale by Month Single Family Townhouse/Condo
200

150

100

50

0
1-2015 1-2016 1-2017 1-2018 1-2019 1-2020 1-2021 1-2022

Current as of April 8, 2022. All data from ValleyMLS. Report © 2022 ShowingTime.  |  7
Median Sales Price
Point at which half of the sales sold for more and half sold for less, not accounting for seller concessions, in a given month.

Single Year-Over-Year Townhouse Year-Over-Year

March Year to Date Median Sales Price Family Change / Condo Change

Apr-2021 $286,500 + 14.6% $230,500 + 15.3%

$328,803 May-2021 $285,609 + 13.8% $255,100 + 21.0%
$338,000 Jun-2021 $296,169 + 14.9% $190,000 + 4.5%
$267,000 Jul-2021 $300,000 + 19.1% $230,000 + 21.5%
$272,879 $275,000 $238,990 $240,000 $236,950
$252,400 Aug-2021 $299,028 + 16.4% $234,500 + 34.0%
$245,998
Sep-2021 $291,518 + 13.9% $215,060 - 9.9%
Oct-2021 $300,000 + 15.7% $247,000 + 26.7%
$159,900 $140,750
Nov-2021 $306,850 + 20.3% $270,000 + 9.0%
Dec-2021 $319,640 + 18.4% $225,000 - 0.4%
Jan-2022 $310,000 + 18.1% $229,950 + 0.0%
Feb-2022 $328,060 + 23.8% $225,000 + 14.8%

+ 11.0% + 10.9% + 23.9% - 12.6% + 57.8% + 9.0% + 10.1% + 11.7% + 23.1% - 17.9% + 70.5% - 1.3% Mar-2022 $338,000 + 23.9% $275,000 + 9.0%
2020 2021 2022 2020 2021 2022 2020 2021 2022 2020 2021 2022 12-Month Avg* $305,000 + 17.4% $235,000 + 9.3%
Single Family Townhouse/Condo Single Family Townhouse/Condo
* Median Sales Price for all properties from April 2021 through March 2022.
This is not the average of the individual figures above.
Historical Median Sales Price by Month Single Family Townhouse/Condo
$400,000

$350,000

$300,000

$250,000

$200,000

$150,000

$100,000

$50,000
1-2015 1-2016 1-2017 1-2018 1-2019 1-2020 1-2021 1-2022

Current as of April 8, 2022. All data from ValleyMLS. Report © 2022 ShowingTime.  |  8
Average Sales Price
Average sales price for all closed sales, not accounting for seller concessions, in a given month.

Single Year-Over-Year Townhouse Year-Over-Year

March Year to Date Avg. Sales Price Family Change / Condo Change

Apr-2021 $328,435 + 15.9% $249,621 + 26.1%

$371,271
May-2021 $325,725 + 17.8% $248,493 + 27.3%
$359,795
Jun-2021 $335,075 + 15.6% $200,315 + 2.4%
$312,498
$301,364 Jul-2021 $339,408 + 20.3% $214,075 + 16.9%
$276,753
$266,268 $267,504 Aug-2021 $334,265 + 14.3% $227,447 + 18.5%
$250,274 $256,623

$219,382 Sep-2021 $327,783 + 12.3% $228,458 + 10.7%

$169,973 Oct-2021 $328,040 + 13.5% $220,186 + 11.5%

$157,766
Nov-2021 $330,485 + 12.3% $270,461 + 4.1%
Dec-2021 $352,583 + 17.0% $235,148 + 14.7%
Jan-2022 $338,655 + 17.0% $252,822 + 28.4%
Feb-2022 $362,785 + 21.1% $246,342 + 25.5%

+ 12.3% + 12.9% + 18.8% + 3.7% + 47.2% + 6.4% + 9.6% + 12.7% + 19.4% - 2.4% + 39.1% + 17.0% Mar-2022 $371,271 + 18.8% $266,268 + 6.4%
2020 2021 2022 2020 2021 2022 2020 2021 2022 2020 2021 2022 12-Month Avg* $338,981 + 16.2% $237,714 + 13.6%
Single Family Townhouse/Condo Single Family Townhouse/Condo
* Avg. Sales Price for all properties from April 2021 through March 2022. This
is not the average of the individual figures above.
Historical Average Sales Price by Month Single Family Townhouse/Condo
$400,000

$350,000

$300,000

$250,000

$200,000

$150,000

$100,000

$50,000
1-2015 1-2016 1-2017 1-2018 1-2019 1-2020 1-2021 1-2022

Current as of April 8, 2022. All data from ValleyMLS. Report © 2022 ShowingTime.  |  9
Percent of List Price Received
Percentage found when dividing a property’s sales price by its most recent list price, then taking the average for all properties sold in a
given month, not accounting for seller concessions.

Pct. of List Price Single Year-Over-Year Townhouse Year-Over-Year

March Year to Date Received Family Change / Condo Change

Apr-2021 102.0% + 1.9% 104.2% + 3.7%

May-2021 103.0% + 3.3% 102.8% + 1.9%
99.8% 101.4% 102.2% 99.5% 102.1% 101.6% 99.6% 101.0% 101.7% 99.0% 101.8% 102.2% Jun-2021 103.1% + 2.9% 102.7% + 2.8%
Jul-2021 102.4% + 2.3% 103.7% + 3.7%
Aug-2021 102.2% + 1.9% 101.2% + 0.5%
Sep-2021 101.5% + 1.2% 102.2% + 1.7%
Oct-2021 101.3% + 1.1% 101.8% + 2.4%
Nov-2021 101.1% + 1.0% 102.7% + 1.2%
Dec-2021 100.9% + 0.7% 102.8% + 1.5%
Jan-2022 101.2% + 0.8% 102.9% + 1.5%
Feb-2022 101.5% + 0.4% 102.3% + 0.1%

+ 1.0% + 1.6% + 0.8% + 1.5% + 2.6% - 0.5% + 1.0% + 1.4% + 0.7% + 1.5% + 2.8% + 0.4% Mar-2022 102.2% + 0.8% 101.6% - 0.5%
2020 2021 2022 2020 2021 2022 2020 2021 2022 2020 2021 2022 12-Month Avg* 101.9% + 1.6% 102.6% + 1.7%
Single Family Townhouse/Condo Single Family Townhouse/Condo
* Pct. of List Price Received for all properties from April 2021 through March
2022. This is not the average of the individual figures above.
Historical Percent of List Price Received by Month Single Family Townhouse/Condo
106%

104%

102%

100%

98%

96%

94%

92%
1-2015 1-2016 1-2017 1-2018 1-2019 1-2020 1-2021 1-2022

Current as of April 8, 2022. All data from ValleyMLS. Report © 2022 ShowingTime.  |  10
Housing Affordability Index
This index measures housing affordability for the region. For example, an index of 120 means the median household income is 120% of
what is necessary to qualify for the median-priced home under prevailing interest rates. A higher number means greater affordability.

Single Year-Over-Year Townhouse Year-Over-Year

March Year to Date Affordability Index Family Change / Condo Change

Apr-2021 122 - 9.6% 152 - 9.5%

236 May-2021 124 - 8.1% 139 - 13.7%
208 Jun-2021 119 - 10.5% 186 - 1.1%
Jul-2021 119 - 13.1% 155 - 15.3%
Aug-2021 120 - 11.8% 152 - 23.6%
146 151
135 139 139 131
128 130 Sep-2021 123 - 10.2% 166 + 12.9%
106 109 Oct-2021 119 - 12.5% 145 - 19.9%
Nov-2021 116 - 16.5% 132 - 7.7%
Dec-2021 112 - 15.8% 159 + 0.6%
Jan-2022 115 - 16.7% 155 - 1.3%
Feb-2022 109 - 19.9% 159 - 13.1%

- 0.7% - 5.2% - 17.2% + 26.1% - 33.2% - 6.5% 0.0% - 5.8% - 16.8% + 34.1% - 38.1% + 3.4% Mar-2022 106 - 17.2% 130 - 6.5%
2020 2021 2022 2020 2021 2022 2020 2021 2022 2020 2021 2022 12-Month Avg 117 - 13.3% 153 - 8.4%
Single Family Townhouse/Condo Single Family Townhouse/Condo

Historical Housing Affordability Index by Month Single Family Townhouse/Condo

450

400

350

300

250

200

150

100
1-2015 1-2016 1-2017 1-2018 1-2019 1-2020 1-2021 1-2022

Current as of April 8, 2022. All data from ValleyMLS. Report © 2022 ShowingTime.  |  11
Inventory of Homes for Sale
The number of properties available for sale in active status at the end of a given month.

Single Year-Over-Year Townhouse Year-Over-Year

March Homes for Sale Family Change / Condo Change

Apr-2021 535 - 51.0% 32 - 40.7%

May-2021 525 - 50.8% 36 - 28.0%
1,052
Jun-2021 488 - 51.1% 37 - 42.2%
Jul-2021 608 - 38.0% 36 - 44.6%
Aug-2021 685 - 24.6% 34 - 26.1%
Sep-2021 731 - 17.4% 32 - 20.0%
535 Oct-2021 738 - 10.2% 30 - 11.8%
469
Nov-2021 715 - 6.2% 42 + 7.7%
Dec-2021 609 - 9.0% 61 + 38.6%
Jan-2022 572 0.0% 35 + 6.1%
52 36 34 Feb-2022 535 - 0.7% 40 + 25.0%

- 19.8% - 55.4% + 14.1% - 36.6% - 30.8% - 5.6% Mar-2022 535 + 14.1% 34 - 5.6%
2020 2021 2022 2020 2021 2022 12-Month Avg 606 - 25.6% 37 - 17.8%
Single Family Townhouse/Condo

Historical Inventory of Homes for Sale by Month Single Family Townhouse/Condo

3,000

2,500

2,000

1,500

1,000

500

0
1-2015 1-2016 1-2017 1-2018 1-2019 1-2020 1-2021 1-2022

Current as of April 8, 2022. All data from ValleyMLS. Report © 2022 ShowingTime.  |  12
Months Supply of Inventory
The inventory of homes for sale at the end of a given month, divided by the average monthly pending sales from the last 12 months.

Single Year-Over-Year Townhouse Year-Over-Year

March Months Supply Family Change / Condo Change

Apr-2021 0.7 - 56.3% 0.7 - 50.0%

May-2021 0.7 - 53.3% 0.8 - 38.5%
1.5 Jun-2021 0.6 - 57.1% 0.8 - 52.9%

1.3 Jul-2021 0.8 - 42.9% 0.8 - 52.9%

Aug-2021 0.9 - 25.0% 0.8 - 33.3%
Sep-2021 1.0 - 16.7% 0.8 - 20.0%
0.8 0.8
0.7 Oct-2021 1.0 - 9.1% 0.7 - 12.5%
0.6 Nov-2021 0.9 - 10.0% 1.0 0.0%
Dec-2021 0.8 - 11.1% 1.5 + 36.4%
Jan-2022 0.8 + 14.3% 0.8 0.0%
Feb-2022 0.7 0.0% 1.0 + 42.9%

- 28.6% - 60.0% + 16.7% - 50.0% - 38.5% 0.0% Mar-2022 0.7 + 16.7% 0.8 0.0%
2020 2021 2022 2020 2021 2022 12-Month Avg* 0.8 - 27.9% 0.9 - 21.2%
Single Family Townhouse/Condo
* Months Supply for all properties from April 2021 through March 2022. This is
not the average of the individual figures above.
Historical Months Supply of Inventory by Month Single Family Townhouse/Condo
7

0
1-2016 1-2017 1-2018 1-2019 1-2020 1-2021 1-2022

Current as of April 8, 2022. All data from ValleyMLS. Report © 2022 ShowingTime.  |  13
All Properties Combined
Key metrics by report month and for year-to-date (YTD) starting from the first of the year.

Key Metrics Historical Sparkbars 3-2021 3-2022 % Change YTD 2021 YTD 2022 % Change

New Listings 885 898 + 1.5% 2,367 2,454 + 3.7%

3-2020 9-2020 3-2021 9-2021 3-2022

Pending Sales 871 807 - 7.3% 2,448 2,184 - 10.8%

3-2020 9-2020 3-2021 9-2021 3-2022

Closed Sales 763 825 + 8.1% 1,989 1,933 - 2.8%

3-2020 9-2020 3-2021 9-2021 3-2022

Days on Market Until Sale 17 9 - 47.1% 19 10 - 47.4%

3-2020 9-2020 3-2021 9-2021 3-2022

Median Sales Price $269,900 $335,000 + 24.1% $264,508 $324,765 + 22.8%

3-2020 9-2020 3-2021 9-2021 3-2022

Average Sales Price $308,176 $365,282 + 18.5% $296,210 $353,921 + 19.5%

3-2020 9-2020 3-2021 9-2021 3-2022

Percent of List Price Received 101.5% 102.1% + 0.6% 101.1% 101.7% + 0.6%
3-2020 9-2020 3-2021 9-2021 3-2022

Housing Affordability Index 130 107 - 17.7% 132 110 - 16.7%

3-2020 9-2020 3-2021 9-2021 3-2022

Inventory of Homes for Sale 505 569 + 12.7% –– –– ––

3-2020 9-2020 3-2021 9-2021 3-2022

Months Supply of Inventory 0.6 0.7 + 16.7% –– –– ––

3-2020 9-2020 3-2021 9-2021 3-2022

Current as of April 8, 2022. All data from ValleyMLS. Report © 2022 ShowingTime.  |  14