September 2022 Market Reports

September 2022 vs 2021

The numbers for September are now in – so how does this year compare to last year?

  1. The upward trend for appreciation in overall home price continues. On average the September 2022 is up 8.71% over that of 2021.
  2. Average days on market is up 7+ days over that of last year at an average of 18 days on the market vs 11 days on market. Still WELL within the definition of a HOT Market…. we covered these definitions in our earlier blog post.
  3. Many homes continue to sell over list price. Both 2021 and 2022 have shown this to be true, but we are seeing them be closer to 102.2% over list in 2022 vs 103.4% in 2021. This trend may continue, but the bottom line in this number is that the trend continues for a strong market; different than 2021 and expectations need to be adjusted, but still strong.

You can view the full report here:

SEPTEMBER 2022 MARKET TRENDS REPORT

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