Year-over-year, closed sales transactions decreased by 26%, and the median price saw a slight decrease of 0.7%.
Comparing month-over-month data, June observed a 20% drop in the number of sales, from 48 in May to 40 in June.
Additionally, the median price declined by 11%, from $900,000 in May to $800,000 in June.
As of June 30, 2024, there were 63 active listings in Shoreline, with a median list price of $949,000.
With the current rate of sales, it will take just over 1.5 months to sell all the available homes, indicating a market that continues to favor sellers.
No comments:
Post a Comment
We encourage the thoughtful sharing of information and ideas. We expect comments to be civil and respectful, with no personal attacks or offensive language. We reserve the right to delete any comment.