Blog

February Market Report

February was a busy month with new listings and referrals for the J Brigham Team.  If it is a sign of things to come, 2023 will be a good year! Contract activity was up steadily and pending sales saw an increase each week. Inventory remained somewhat steady with only 13% of all active inventory being new, meaning within 30 days on the market.

Sadly to say, there is not a whole lot for buyers to choose from.  But we are about to enter an early spring market beginning in March. Below are some February highlights showing the comparison to January 2023.

  • Average Sales Price: $2,006,333 -  + 3.7% 
  • Median Sales Price: $1,150,000 -  +15% 
  • Average Price/Square foot: $1507 -  +3.1%
  • Average Days on the Market: 155 -  -1.3% (down)
  • Average Discount: 6%
  • Inventory: 5,827 - .7% flat from January
  • Contracts Signed: 852 -  +35.2%

Looking forward to seeing what March brings!

main

Work With Us

Jaylon's long real estate career and analytical approach are the perfect complement to Colleen's exceptional sales and marketing background. Together, the J Brigham Team strives to deliver an utterly stress-free, successful experience and optimal outcomes with the foresight and intuition necessary to prevent problems before they arise.

Let's Connect
Follow Us

By providing Jaylon Brigham Group your contact information, you acknowledge and agree to our Privacy Policy and consent to receiving marketing communications, including through automated calls, texts, and emails, some of which may use artificial or prerecorded voices. This consent isn’t necessary for purchasing any products or services and you may opt out at any time. To opt out from texts, you can reply, ‘stop’ at any time. To opt out from emails, you can click on the unsubscribe link in the emails. Message and data rates may apply.

Thanks For Reaching Out!