Monthly Indicators

Huntsville / Madison County

April 2022 Quick Facts

The average 30-year fixed rate mortgage exceeded 5% in April, the highest
level since 2011, according to Freddie Mac. The recent surge in mortgage + 4.4% + 17.7% + 25.1%
rates has reduced the pool of eligible buyers and has caused mortgage Change in Change in Change in
applications to decline, with a significant impact on refinance applications, Closed Sales Median Sales Price Homes for Sale
which are down more than 70% compared to this time last year. As the All Properties All Properties All Properties
rising costs of homeownership force many Americans to adjust their
budgets, an increasing number of buyers are hoping to help offset the costs
by moving from bigger, more expensive cities to smaller areas that offer a A research tool provided by ValleyMLS.com defining Huntsville / Madison County
more affordable cost of living. by the following high schools: Bob Jones, Buckhorn, Columbia, Grissom, Hazel
Green, Huntsville, James Clemens, Jemison, Lee, Madison County, New Century,
New Listings increased 5.2 percent for Single Family homes and 65.8 New Hope and Sparkman. Percent changes are calculated using rounded figures.
percent for Townhouse/Condo homes. Pending Sales decreased 4.8
percent for Single Family homes but increased 41.2 percent for
Townhouse/Condo homes. Inventory increased 24.2 percent for Single Single Family Market Overview 2
Family homes and 40.6 percent for Townhouse/Condo homes. Townhouse/Condo Market Overview 3
Median Sales Price increased 19.0 percent to $341,050 for Single Family New Listings 4
homes but decreased 8.5 percent to $211,000 for Townhouse/Condo Pending Sales 5
homes. Days on Market decreased 42.9 percent for Single Family homes
but increased 25.0 percent for Townhouse/Condo homes. Months Supply of
Closed Sales 6
Inventory increased 28.6 percent for Single Family homes and 57.1 percent Days on Market Until Sale 7
for Townhouse/Condo homes.
Median Sales Price 8
Affordability challenges are limiting buying activity, and early signs suggest Average Sales Price 9
competition for homes may be cooling somewhat. Nationally, existing home Percent of List Price Received 10
sales are down 2.7% as of last measure, while pending sales dropped
1.2%, marking 5 straight months of under contract declines, according to Housing Affordability Index 11
the National Association of REALTORS®. Inventory remains low, with only 2 Inventory of Homes for Sale 12
months supply at present, and home prices continue to rise, with the
median existing home at $373,500, a 15% increase from this time last year. Months Supply of Inventory 13
Homes are still selling quickly, however, and multiple offers are common in All Properties Combined 14
many markets.

Current as of May 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 4-2021 4-2022 % Change YTD 2021 YTD 2022 % Change

New Listings 944 993 + 5.2% 3,184 3,278 + 3.0%

4-2020 10-2020 4-2021 10-2021 4-2022

Pending Sales 825 785 - 4.8% 3,154 2,836 - 10.1%

4-2020 10-2020 4-2021 10-2021 4-2022

Closed Sales 712 733 + 2.9% 2,576 2,565 - 0.4%

4-2020 10-2020 4-2021 10-2021 4-2022

Days on Market Until Sale 14 8 - 42.9% 18 10 - 44.4%

4-2020 10-2020 4-2021 10-2021 4-2022

Median Sales Price $286,500 $341,050 + 19.0% $271,855 $331,892 + 22.1%

4-2020 10-2020 4-2021 10-2021 4-2022

Average Sales Price $328,435 $367,464 + 11.9% $308,842 $361,960 + 17.2%

4-2020 10-2020 4-2021 10-2021 4-2022

Percent of List Price Received 102.0% 102.7% + 0.7% 101.3% 102.0% + 0.7%
4-2020 10-2020 4-2021 10-2021 4-2022

Housing Affordability Index 122 81 - 33.6% 129 83 - 35.7%

4-2020 10-2020 4-2021 10-2021 4-2022

Inventory of Homes for Sale 537 667 + 24.2% –– –– ––

4-2020 10-2020 4-2021 10-2021 4-2022

Months Supply of Inventory 0.7 0.9 + 28.6% –– –– ––

4-2020 10-2020 4-2021 10-2021 4-2022

Current as of May 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 4-2021 4-2022 % Change YTD 2021 YTD 2022 % Change

New Listings 38 63 + 65.8% 165 217 + 31.5%

4-2020 10-2020 4-2021 10-2021 4-2022

Pending Sales 34 48 + 41.2% 160 171 + 6.9%

4-2020 10-2020 4-2021 10-2021 4-2022

Closed Sales 33 45 + 36.4% 158 161 + 1.9%

4-2020 10-2020 4-2021 10-2021 4-2022

Days on Market Until Sale 4 5 + 25.0% 12 7 - 41.7%

4-2020 10-2020 4-2021 10-2021 4-2022

Median Sales Price $230,500 $211,000 - 8.5% $237,500 $242,000 + 1.9%

4-2020 10-2020 4-2021 10-2021 4-2022

Average Sales Price $249,621 $230,362 - 7.7% $225,698 $250,039 + 10.8%

4-2020 10-2020 4-2021 10-2021 4-2022

Percent of List Price Received 104.2% 103.4% - 0.8% 102.3% 102.4% + 0.1%
4-2020 10-2020 4-2021 10-2021 4-2022

Housing Affordability Index 152 130 - 14.5% 148 114 - 23.0%

4-2020 10-2020 4-2021 10-2021 4-2022

Inventory of Homes for Sale 32 45 + 40.6% –– –– ––

4-2020 10-2020 4-2021 10-2021 4-2022

Months Supply of Inventory 0.7 1.1 + 57.1% –– –– ––

4-2020 10-2020 4-2021 10-2021 4-2022

Current as of May 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

April Year to Date New Listings Family Change / Condo Change

May-2021 818 - 7.6% 44 + 37.5%

3,278 Jun-2021 847 - 10.0% 69 + 30.2%
3,202 3,184
993 Jul-2021 950 + 3.6% 52 + 23.8%
944
877 Aug-2021 997 + 12.9% 44 - 8.3%
Sep-2021 853 + 4.8% 22 - 58.5%
Oct-2021 822 + 2.4% 41 + 20.6%
Nov-2021 709 + 1.7% 45 + 28.6%
Dec-2021 537 - 3.2% 53 + 8.2%
Jan-2022 706 + 2.2% 51 + 37.8%
Feb-2022 734 + 2.1% 58 + 65.7%
38 63 152 165 217
29 Mar-2022 845 + 1.8% 45 - 18.2%

+ 4.9% + 7.6% + 5.2% - 47.3% + 31.0% + 65.8% + 8.5% - 0.6% + 3.0% - 16.5% + 8.6% + 31.5% Apr-2022 993 + 5.2% 63 + 65.8%
2020 2021 2022 2020 2021 2022 2020 2021 2022 2020 2021 2022 12-Month Avg 818 + 1.4% 49 + 14.0%
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 May 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

April Year to Date Pending Sales Family Change / Condo Change

May-2021 761 - 8.4% 35 - 7.9%

Jun-2021 881 - 1.5% 71 + 61.4%
3,154
825 2,934 Jul-2021 770 - 11.2% 63 + 50.0%
785 2,836
734 Aug-2021 813 - 10.8% 42 - 40.8%
Sep-2021 740 - 3.1% 28 - 56.3%
Oct-2021 725 - 7.2% 35 - 14.6%
Nov-2021 639 - 6.6% 32 + 18.5%
Dec-2021 570 - 8.9% 33 - 2.9%
Jan-2022 616 - 19.5% 49 - 2.0%
Feb-2022 683 - 6.3% 32 - 11.1%
27 34 48 136 160 171 Mar-2022 752 - 9.9% 42 + 5.0%

- 2.1% + 12.4% - 4.8% - 56.5% + 25.9% + 41.2% + 9.6% + 7.5% - 10.1% - 17.6% + 17.6% + 6.9% Apr-2022 785 - 4.8% 48 + 41.2%
2020 2021 2022 2020 2021 2022 2020 2021 2022 2020 2021 2022 12-Month Avg 728 - 8.2% 43 0.0%
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 May 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

April Year to Date Closed Sales Family Change / Condo Change

May-2021 703 - 0.6% 47 + 74.1%

733 Jun-2021 913 + 9.5% 49 + 69.0%

712 2,576
665 2,565 Jul-2021 889 - 1.2% 45 - 2.2%
2,392
Aug-2021 841 + 3.7% 31 - 6.1%
Sep-2021 899 + 7.3% 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 500 - 13.3% 30 - 36.2%
Feb-2022 548 - 5.0% 33 + 32.0%
33 45 123 158 161 Mar-2022 784 + 10.4% 53 0.0%
21
- 5.0% + 7.1% + 2.9% - 62.5% + 57.1% + 36.4% + 6.4% + 7.7% - 0.4% - 13.4% + 28.5% + 1.9% Apr-2022 733 + 2.9% 45 + 36.4%
2020 2021 2022 2020 2021 2022 2020 2021 2022 2020 2021 2022 12-Month Avg 760 + 1.6% 42 + 5.0%
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 May 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

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

May-2021 9 - 65.4% 24 + 9.1%

38 Jun-2021 11 - 57.7% 14 - 12.5%
Jul-2021 8 - 61.9% 18 + 63.6%
39 31 Aug-2021 8 - 57.9% 13 - 35.0%
33 Sep-2021 8 - 52.9% 17 - 19.0%
Oct-2021 9 - 43.8% 10 - 58.3%
18 Nov-2021 12 - 33.3% 9 - 70.0%
Dec-2021 11 - 38.9% 5 - 58.3%
14 12
10 Jan-2022 12 - 40.0% 6 - 50.0%
8 7
Feb-2022 12 - 42.9% 9 - 10.0%
4 5
Mar-2022 9 - 47.1% 9 - 43.8%

- 19.5% - 57.6% - 42.9% - 20.4% - 89.7% + 25.0% - 25.5% - 52.6% - 44.4% - 35.4% - 61.3% - 41.7% Apr-2022 8 - 42.9% 5 + 25.0%
2020 2021 2022 2020 2021 2022 2020 2021 2022 2020 2021 2022 12-Month Avg* 10 - 50.4% 12 - 30.0%
Single Family Townhouse/Condo Single Family Townhouse/Condo
* Days on Market for all properties from May 2021 through April 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 May 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

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

May-2021 $285,609 + 13.8% $255,100 + 21.0%

$331,892 Jun-2021 $296,169 + 14.9% $190,000 + 4.5%
$341,050 Jul-2021 $300,000 + 19.1% $230,000 + 21.5%
$271,855
Aug-2021 $299,055 + 16.4% $234,500 + 34.0%
$286,500
$242,000 $237,500 $242,000
$250,000
Sep-2021 $291,275 + 13.8% $215,060 - 9.9%
$230,500
$211,000 Oct-2021 $300,000 + 15.7% $247,000 + 26.7%
$200,000
$159,900 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%
Mar-2022 $337,500 + 23.7% $275,000 + 9.0%

+ 14.7% + 14.6% + 19.0% + 2.0% + 15.3% - 8.5% + 11.3% + 12.3% + 22.1% - 9.7% + 48.5% + 1.9% Apr-2022 $341,050 + 19.0% $211,000 - 8.5%
2020 2021 2022 2020 2021 2022 2020 2021 2022 2020 2021 2022 12-Month Avg* $310,000 + 18.8% $237,750 + 8.8%
Single Family Townhouse/Condo Single Family Townhouse/Condo
* Median Sales Price for all properties from May 2021 through April 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 May 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

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

May-2021 $325,725 + 17.8% $248,493 + 27.3%

Jun-2021 $335,075 + 15.6% $200,315 + 2.4%
$367,464 $361,960
Jul-2021 $339,408 + 20.3% $214,075 + 16.9%
$328,435
$308,842 Aug-2021 $334,293 + 14.3% $227,447 + 18.5%
$283,275
$271,888
$249,621 $250,039
Sep-2021 $327,749 + 12.3% $228,458 + 10.7%
$230,362 $225,698 Oct-2021 $328,040 + 13.5% $220,186 + 11.5%
$197,917
Nov-2021 $330,485 + 12.3% $270,461 + 4.1%
$164,621
Dec-2021 $352,583 + 17.0% $235,148 + 14.7%
Jan-2022 $338,644 + 17.0% $252,822 + 28.4%
Feb-2022 $363,072 + 21.2% $246,342 + 25.5%
Mar-2022 $370,916 + 18.7% $267,472 + 6.9%

+ 16.4% + 15.9% + 11.9% + 15.3% + 26.1% - 7.7% + 11.5% + 13.6% + 17.2% - 0.6% + 37.1% + 10.8% Apr-2022 $367,464 + 11.9% $230,362 - 7.7%
2020 2021 2022 2020 2021 2022 2020 2021 2022 2020 2021 2022 12-Month Avg* $342,106 + 15.9% $236,748 + 11.5%
Single Family Townhouse/Condo Single Family Townhouse/Condo
* Avg. Sales Price for all properties from May 2021 through April 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 May 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

April Year to Date Received Family Change / Condo Change

May-2021 103.0% + 3.3% 102.8% + 1.9%

Jun-2021 103.1% + 2.9% 102.7% + 2.8%
104.2% 103.4%
100.1% 102.0% 102.7% 100.5% 99.7% 101.3% 102.0% 99.2%
102.3% 102.4% 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%
Mar-2022 102.2% + 0.8% 101.5% - 0.6%

+ 1.1% + 1.9% + 0.7% + 2.0% + 3.7% - 0.8% + 0.9% + 1.6% + 0.7% + 1.3% + 3.1% + 0.1% Apr-2022 102.7% + 0.7% 103.4% - 0.8%
2020 2021 2022 2020 2021 2022 2020 2021 2022 2020 2021 2022 12-Month Avg* 102.0% + 1.5% 102.5% + 1.4%
Single Family Townhouse/Condo Single Family Townhouse/Condo
* Pct. of List Price Received for all properties from May 2021 through April
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 May 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

April Year to Date Affordability Index Family Change / Condo Change

May-2021 124 - 8.1% 139 - 13.7%

Jun-2021 119 - 10.5% 186 - 1.1%
168 211 Jul-2021 119 - 13.1% 155 - 15.3%
152 Aug-2021 117 - 14.0% 149 - 25.1%
135 130
122 Sep-2021 119 - 13.1% 161 + 9.5%
139 148
129 Oct-2021 116 - 14.7% 140 - 22.7%
114 Nov-2021 116 - 16.5% 132 - 7.7%
81
83 Dec-2021 106 - 20.3% 151 - 4.4%
Jan-2022 106 - 23.2% 143 - 8.9%
Feb-2022 99 - 27.2% 144 - 21.3%
Mar-2022 88 - 31.3% 107 - 23.0%

- 3.6% - 9.6% - 33.6% + 7.7% - 9.5% - 14.5% - 0.7% - 7.2% - 35.7% + 22.7% - 29.9% - 23.0% Apr-2022 81 - 33.6% 130 - 14.5%
2020 2021 2022 2020 2021 2022 2020 2021 2022 2020 2021 2022 12-Month Avg 109 - 18.7% 145 - 12.7%
Single Family Townhouse/Condo Single Family Townhouse/Condo

Historical Housing Affordability Index by Month Single Family Townhouse/Condo

500

400

300

200

100

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

Current as of May 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

April Homes for Sale Family Change / Condo Change

May-2021 527 - 50.7% 36 - 28.0%

Jun-2021 492 - 50.7% 37 - 42.2%
1,092
Jul-2021 612 - 37.7% 36 - 44.6%
Aug-2021 689 - 24.2% 34 - 26.1%
Sep-2021 734 - 17.2% 29 - 27.5%
667 Oct-2021 740 - 10.1% 26 - 23.5%
537 Nov-2021 718 - 5.9% 38 - 2.6%
Dec-2021 612 - 8.7% 57 + 29.5%
Jan-2022 577 + 0.5% 31 - 6.1%
Feb-2022 547 + 1.1% 36 + 12.5%
54 32 45 Mar-2022 571 + 21.2% 32 - 11.1%

- 17.7% - 50.8% + 24.2% - 22.9% - 40.7% + 40.6% Apr-2022 667 + 24.2% 45 + 40.6%
2020 2021 2022 2020 2021 2022 12-Month Avg 624 - 18.9% 36 - 16.3%
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 May 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

April Months Supply Family Change / Condo Change

May-2021 0.7 - 53.3% 0.8 - 38.5%

Jun-2021 0.6 - 57.1% 0.8 - 52.9%
1.6
Jul-2021 0.8 - 42.9% 0.8 - 52.9%
1.4
Aug-2021 0.9 - 25.0% 0.8 - 33.3%
Sep-2021 1.0 - 16.7% 0.7 - 30.0%
1.1
0.9 Oct-2021 1.0 - 9.1% 0.6 - 25.0%

0.7 0.7 Nov-2021 0.9 - 10.0% 0.9 - 10.0%

Dec-2021 0.8 - 11.1% 1.4 + 27.3%
Jan-2022 0.8 + 14.3% 0.7 - 12.5%
Feb-2022 0.7 0.0% 0.9 + 28.6%
Mar-2022 0.8 + 33.3% 0.8 0.0%

- 23.8% - 56.3% + 28.6% - 33.3% - 50.0% + 57.1% Apr-2022 0.9 + 28.6% 1.1 + 57.1%
2020 2021 2022 2020 2021 2022 12-Month Avg* 0.8 - 20.2% 0.9 - 19.5%
Single Family Townhouse/Condo
* Months Supply for all properties from May 2021 through April 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 May 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 4-2021 4-2022 % Change YTD 2021 YTD 2022 % Change

New Listings 982 1,056 + 7.5% 3,349 3,495 + 4.4%

4-2020 10-2020 4-2021 10-2021 4-2022

Pending Sales 859 833 - 3.0% 3,314 3,007 - 9.3%

4-2020 10-2020 4-2021 10-2021 4-2022

Closed Sales 745 778 + 4.4% 2,734 2,726 - 0.3%

4-2020 10-2020 4-2021 10-2021 4-2022

Days on Market Until Sale 14 8 - 42.9% 17 10 - 41.2%

4-2020 10-2020 4-2021 10-2021 4-2022

Median Sales Price $284,308 $334,700 + 17.7% $267,791 $325,900 + 21.7%

4-2020 10-2020 4-2021 10-2021 4-2022

Average Sales Price $324,939 $359,534 + 10.6% $304,033 $355,347 + 16.9%

4-2020 10-2020 4-2021 10-2021 4-2022

Percent of List Price Received 102.1% 102.7% + 0.6% 101.4% 102.0% + 0.6%
4-2020 10-2020 4-2021 10-2021 4-2022

Housing Affordability Index 123 82 - 33.3% 131 84 - 35.9%

4-2020 10-2020 4-2021 10-2021 4-2022

Inventory of Homes for Sale 569 712 + 25.1% –– –– ––

4-2020 10-2020 4-2021 10-2021 4-2022

Months Supply of Inventory 0.7 0.9 + 28.6% –– –– ––

4-2020 10-2020 4-2021 10-2021 4-2022

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