robthompson – Page 8 – Grok The Market

Nov 2022 Sales Volume Down 52.8%

This time last year we were tracking 781 sales regionally. Month to date, we are at 369, for a sales volume that at 47.2%.

The market is changing. Inventory is rising faster than homes are closing in the region. If you are selling a home in the areas.

As of 28 October 2022, we are down about 42% in the PPAR region for volume of sales.

Nineteen days into October 2022, we are tracking significantly below where we were at this time last year…about 60.3% of the volume of sales.

September 2022 closed out at just over 2018 volume of sales. This was better than I expected considering the prior months activity. Rate shock.

Assuming the M2 holds on par with the last several months, there is a .903 correlation (R2) to the median pricing in town and.

Here are the last 3 years of 7 day average and median pricing in the region.

August 2022 in the region is closing at in between 2014 and 2015 levels. Sales are down 31% from last August.

What you see here is a running percentage of July sales as part of inventory from 1996 to 2022. Jonathan Easley and I were.

Here are the last 26 years of August(es) number of sales. At the current rate of sales, I think we will probably close at.