Shoreline real estate market shows significant changes in October 2024

Tuesday, November 5, 2024

The October 2024 Shoreline real estate market shows significant changes compared to October 2023:

  • Total Sales: Increased by 68%, with 57 homes sold in 2024, up from 34 in 2023.
  • Median Price: Decreased by 4%, dropping from $848,000 in 2023 to $816,000 in 2024.
  • Average Price per Square Foot: Rose by 10%, reaching $514 in 2024 compared to $469 in 2023.
  • Average Days on Market: Reduced by 18%, with homes staying on the market for 27 days in 2024 versus 33 days in 2023.
These trends indicate a more active market with higher sales volume and faster turnover, despite a slight decrease in median home prices.

--Lella Norberg, Shoreline Windermere



Posted by DKH at 5:18 AM
Tags:

0 comments:

Post a Comment

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.

Subscribe to: Post Comments (Atom)
ShorelineAreaNews.com
Facebook: Shoreline Area News
Twitter: @ShorelineArea
Daily Email edition (don't forget to respond to the Follow.it email)

  © Blogger template The Professional Template II by Ourblogtemplates.com 2009

Back to TOP