As we close in on the end of November, let’s take a look at the sales volume for the month. What you see below.

We are tracking about 47.5% under last year’s volume of sales right now. I suspect we will close out around 40% down. These rates.

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%.

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