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© 2019 North Leaf Solutions LLC as Domus Analytics, under license for MIBOR REALTORS® Association MIBOR SERVICE AREA (1-5) BARTHOLOMEW COUNTY (6) BOONE COUNTY (7) BROWN COUNTY (8) DECATUR COUNTY (9) HAMILTON COUNTY (10) HANCOCK COUNTY (11) HENDRICKS COUNTY (12) JACKSON COUNTY (13) JENNINGS COUNTY (14) JOHNSON COUNTY (15) MADISON COUNTY (16) MARION COUNTY (17) MONTGOMERY COUNTY (18) MORGAN COUNTY (19) PUTNAM COUNTY (20) SHELBY COUNTY (21) The housing market is one of the largest and most important sectors of the U.S. economy. To understand the trends within the market one must analyze activity both month-over-month and year-over-year. In this Market Insights Report, MIBORREALTOR® Association (MIBOR)provides a market analysis of the 16 central Indiana counties within the MIBOR service area by creating a single, timely, reliable source of data. To create a comprehensive view of the market, small changes have been made to the Market Insights Report that will affect the year-over-year analysis over the next 12months. In prior reports, data for the MIBOR Broker Listing Cooperative® (BLC®) was pulled on the 12th business day for the prior month's data. After analyzing data input,MIBOR has updated the data pull to happen on the 5th day of the month for the prior month,allowing market data to be published much sooner. Additionally, in the new report MIBOR has separated townhouse/condo inventory and properties for lease from the aggregated totals. Separating other segments from the report will add clarity to the data as the single family residential segment is typically the focus. Finally, in March 2019, MIBOR added historical and current data from Jackson County as we welcomed them as members of our BLC. “This month both closed and pending sales are very strong, with new pending sales at the highest level of the last ten years. This is evidence that the housing market is strong and isn’t slowing down anytime soon,” said Shelley Specchio, MIBOR CEO. “REALTORS® note that buyers continue to be motivated by lower interest rates and their desire for more and better space.” Dr. Elliot Eisenberg, an internationally acclaimed economist and public speaker says, “The Indianapolis real estate market re-wrote the record book again in August. The median sales price rose 14.6% to $228,000, the highest price on record. For all of 2020, year-over-year price appreciation has averaged 11.2%, and the only time in the past decade that we saw anything that exceeded this year-over-year gain was the 14.8% we saw in April 2010.” He continues, “Your home prices have basically doubled over the last ten years, while corresponding inflation rose only 20 percent!” Year over Year data for August: Median sales price increased 14.6 percent to $228,000• Average days on market decreased 21.6 percent to 29 Current active listings decreased 53.0 percent to 2,937
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MIBOR SERVICE AREA (1-5) BARTHOLOMEW COUNTY (6) …...Pending Sales 142 133 6.8% 117 21.4% 875 806 8.6% Days on Market 34 34 0.0% 40 -15.0% 42 46 -8.7% Price per Square Foot $127 $129

Jan 29, 2021

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  • © 2019 North Leaf Solutions LLC as Domus Analytics, under license for MIBOR REALTORS® Association

    MIBOR SERVICE AREA (1-5)

    BARTHOLOMEW COUNTY (6)

    BOONE COUNTY (7)

    BROWN COUNTY (8)

    DECATUR COUNTY (9)

    HAMILTON COUNTY (10)

    HANCOCK COUNTY (11)

    HENDRICKS COUNTY (12)

    JACKSON COUNTY (13)

    JENNINGS COUNTY (14)

    JOHNSON COUNTY (15)

    MADISON COUNTY (16)

    MARION COUNTY (17)

    MONTGOMERY COUNTY (18)

    MORGAN COUNTY (19)

    PUTNAM COUNTY (20)

    SHELBY COUNTY (21)

    The housing market is one of the largest and most important sectors of the U.S. economy. To understand the trends within the market one must analyze activity both month-over-month and year-over-year. In this Market Insights Report, MIBORREALTOR® Association (MIBOR)provides a market analysis of the 16 central Indiana counties within the MIBOR service area by creating a single, timely, reliable source of data.

    To create a comprehensive view of the market, small changes have been made to the Market Insights Report that will affect the year-over-year analysis over the next 12months. In prior reports, data for the MIBOR Broker Listing Cooperative® (BLC®) was pulled on the 12th business day for the prior month's data. After analyzing data input,MIBOR has updated the data pull to happen on the 5th day of the month for the prior month,allowing market data to be published much sooner. Additionally, in the new report MIBOR has separated townhouse/condo inventory and properties for lease from the aggregated totals. Separating other segments from the report will add clarity to the data as the single family residential segment is typically the focus. Finally, in March 2019, MIBOR added historical and current data from Jackson County as we welcomed them as members of our BLC.

    “This month both closed and pending sales are very strong, with new pending sales at the highest level of the last ten years. This is evidence that the housing market is strong and isn’t slowing down anytime soon,” said Shelley Specchio, MIBOR CEO. “REALTORS® note that buyers continue to be motivated by lower interest rates and their desire for more and better space.” Dr. Elliot Eisenberg, an internationally acclaimed economist and public speaker says, “The Indianapolis real estate market re-wrote the record book again in August. The median sales price rose 14.6% to $228,000, the highest price on record. For all of 2020, year-over-year price appreciation has averaged 11.2%, and the only time in the past decade that we saw anything that exceeded this year-over-year gain was the 14.8% we saw in April 2010.” He continues, “Your home prices have basically doubled over the last ten years, while corresponding inflation rose only 20 percent!”

    Year over Year data for August:• Median sales price increased 14.6 percent to $228,000•• Average days on market decreased 21.6 percent to 29• Current active listings decreased 53.0 percent to 2,937

    http://www.domusanalytics.com/

  • © 2019 North Leaf Solutions LLC as Domus Analytics, under license for MIBOR REALTORS® Association 1

    Median Sales Price $228,000 $225,000 1.3% $198,950 14.6% $213,000 $191,100 11.5%

    Closed Sales 3,676 4,051 -9.3% 3,610 1.8% 23,642 23,859 -0.9%

    New Listings 3,816 4,186 -8.8% 4,115 -7.3% 27,594 30,261 -8.8%

    Pending Sales 4,082 3,937 3.7% 3,393 20.3% 27,200 25,992 4.6%

    Days on Market 29 31 -6.5% 37 -21.6% 40 43 -7.0%

    Price per Square Foot $129 $128 0.8% $116 11.2% $122 $112 8.9%

    % of Ask Received 99.1% 98.8% 0.3% 97.8% 1.3% 98.2% 97.8% 0.4%

    Active Inventory 2,937 3,256 -9.8% 6,243 -53.0%

    Absorption Rate 0.8 0.8 0.0% 1.7 -52.9%

    2020 2019 YTDAug 2020 Jul 2020 MOM Aug 2019 YOY

    August 2020 Month over Month Change Year over Year Change Year to Date Change

    -8.8% -7.3% -8.8%3,816

    0

    1,000

    2,000

    3,000

    4,000

    5,000

    6,000

    http://www.domusanalytics.com/

  • © 2019 North Leaf Solutions LLC as Domus Analytics, under license for MIBOR REALTORS® Association 2

    August 2020 Month over Month Change Year over Year Change Year to Date Change

    3.7% 20.3% 4.6%4,082

    0

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    1,000

    1,500

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    2,500

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    August 2020 Month over Month Change Year over Year Change Year to Date Change

    -9.3% 1.8% -0.9%3,676

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  • © 2019 North Leaf Solutions LLC as Domus Analytics, under license for MIBOR REALTORS® Association 3

    August 2020 Month over Month Change Year over Year Change Year to Date Change

    -6.5% -21.6% -7.0%29

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    August 2020 Month over Month Change Year over Year Change Year to Date Change

    1.3% 14.6% 11.5%$228,000

    $120,000

    $140,000

    $160,000

    $180,000

    $200,000

    $220,000

    $240,000

    http://www.domusanalytics.com/

  • © 2019 North Leaf Solutions LLC as Domus Analytics, under license for MIBOR REALTORS® Association 4

    August 2020 Month over Month Change Year over Year Change Year to Date Change

    0.8% 11.2% 8.9%$129

    $60

    $70

    $80

    $90

    $100

    $110

    $120

    $130

    $140

    August 2020 Month over Month Change Year over Year Change Year to Date Change

    0.3% 1.3% 0.4%99.1%

    95%

    96%

    97%

    98%

    99%

    100%

    http://www.domusanalytics.com/

  • © 2019 North Leaf Solutions LLC as Domus Analytics, under license for MIBOR REALTORS® Association 5

    August 2020 Month over Month Change Year over Year Change

    -9.8% -53.0%2,937

    3,000

    4,000

    5,000

    6,000

    7,000

    8,000

    9,000

    August 2020 Month over Month Change Year over Year Change

    0.0% -52.9%0.8

    0.0

    0.5

    1.0

    1.5

    2.0

    2.5

    3.0

    3.5

    http://www.domusanalytics.com/

  • © 2019 North Leaf Solutions LLC as Domus Analytics, under license for MIBOR REALTORS® Association 6

    Median Sales Price $195,465 $203,750 -4.1% $193,750 0.9% $189,900 $189,900 0.0%

    Closed Sales 128 136 -5.9% 128 0.0% 739 745 -0.8%

    New Listings 117 147 -20.4% 129 -9.3% 910 898 1.3%

    Pending Sales 142 133 6.8% 117 21.4% 875 806 8.6%

    Days on Market 34 34 0.0% 40 -15.0% 42 46 -8.7%

    Price per Square Foot $127 $129 -1.6% $119 6.7% $124 $116 6.9%

    % of Ask Received 98.4% 97.7% 0.7% 96.8% 1.7% 97.6% 97.4% 0.2%

    Active Inventory 113 136 -16.9% 171 -33.9%

    Absorption Rate 0.9 1.0 -10.0% 1.3 -30.8%

    MOM YOY YTDAug 2020 Jul 2020 Aug 2019 2020 2019

    $120,000

    $140,000

    $160,000

    $180,000

    $200,000

    $220,000

    Median Sales Price

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  • © 2019 North Leaf Solutions LLC as Domus Analytics, under license for MIBOR REALTORS® Association 7

    Median Sales Price $313,015 $330,000 -5.1% $266,231 17.6% $300,000 $289,950 3.5%

    Closed Sales 142 157 -9.6% 123 15.4% 911 840 8.5%

    New Listings 118 151 -21.9% 145 -18.6% 1,037 1,097 -5.5%

    Pending Sales 134 138 -2.9% 120 11.7% 1,019 912 11.7%

    Days on Market 34 42 -19.0% 55 -38.2% 48 55 -12.7%

    Price per Square Foot $146 $145 0.7% $132 10.6% $140 $132 6.1%

    % of Ask Received 98.6% 97.8% 0.8% 97.6% 1.0% 97.9% 98.0% -0.1%

    Active Inventory 140 163 -14.1% 285 -50.9%

    Absorption Rate 1.0 1.0 0.0% 2.3 -56.5%

    2020 2019 YTDAug 2020 Jul 2020 MOM Aug 2019 YOY

    $150,000

    $200,000

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  • © 2019 North Leaf Solutions LLC as Domus Analytics, under license for MIBOR REALTORS® Association 8

    Median Sales Price $325,500 $293,750 10.8% $292,000 11.5% $260,000 $237,250 9.6%

    Closed Sales 41 34 20.6% 43 -4.7% 205 200 2.5%

    New Listings 28 48 -41.7% 38 -26.3% 253 297 -14.8%

    Pending Sales 39 42 -7.1% 34 14.7% 247 218 13.3%

    Days on Market 41 80 -48.8% 89 -53.9% 75 86 -12.8%

    Price per Square Foot $261 $252 3.6% $228 14.5% $210 $184 14.1%

    % of Ask Received 97.5% 97.5% 0.0% 95.7% 1.9% 96.1% 95.8% 0.3%

    Active Inventory 39 49 -20.4% 101 -61.4%

    Absorption Rate 1.0 1.4 -28.6% 2.3 -56.5%

    Aug 2020 Jul 2020 MOM Aug 2019 YOY 2020 2019 YTD

    $125,000

    $175,000

    $225,000

    $275,000

    $325,000

    $375,000

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  • © 2019 North Leaf Solutions LLC as Domus Analytics, under license for MIBOR REALTORS® Association 9

    Median Sales Price $145,800 $142,000 2.7% $161,950 -10.0% $149,000 $143,000 4.2%

    Closed Sales 44 39 12.8% 40 10.0% 219 209 4.8%

    New Listings 39 35 11.4% 44 -11.4% 238 297 -19.9%

    Pending Sales 37 34 8.8% 38 -2.6% 250 239 4.6%

    Days on Market 29 45 -35.6% 46 -37.0% 50 60 -16.7%

    Price per Square Foot $112 $99 13.1% $111 0.9% $105 $98 7.1%

    % of Ask Received 98.9% 96.3% 2.7% 97.5% 1.4% 97.0% 96.0% 1.0%

    Active Inventory 35 32 9.4% 91 -61.5%

    Absorption Rate 0.8 0.8 0.0% 2.3 -65.2%

    YTDAug 2020 Jul 2020 Aug 2019 YOY 2020 2019MOM

    $80,000

    $100,000

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    http://www.domusanalytics.com/

  • © 2019 North Leaf Solutions LLC as Domus Analytics, under license for MIBOR REALTORS® Association 10

    Median Sales Price $334,000 $343,108 -2.7% $314,995 6.0% $322,500 $305,000 5.7%

    Closed Sales 749 854 -12.3% 711 5.3% 4,651 4,555 2.1%

    New Listings 639 850 -24.8% 706 -9.5% 5,278 5,821 -9.3%

    Pending Sales 765 821 -6.8% 594 28.8% 5,285 4,903 7.8%

    Days on Market 38 34 11.8% 46 -17.4% 46 51 -9.8%

    Price per Square Foot $150 $151 -0.7% $139 7.9% $144 $136 5.9%

    % of Ask Received 99.4% 99.2% 0.2% 98.5% 0.9% 98.8% 98.3% 0.5%

    Active Inventory 513 644 -20.3% 1285 -60.1%

    Absorption Rate 0.7 0.8 -12.5% 1.8 -61.1%

    Aug 2020 Jul 2020 MOM Aug 2019 YOY 2020 2019 YTD

    $220,000

    $240,000

    $260,000

    $280,000

    $300,000

    $320,000

    $340,000

    $360,000

    Median Sales Price

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    http://www.domusanalytics.com/

  • © 2019 North Leaf Solutions LLC as Domus Analytics, under license for MIBOR REALTORS® Association 11

    Median Sales Price $238,990 $234,040 2.1% $223,000 7.2% $224,900 $203,500 10.5%

    Closed Sales 143 157 -8.9% 163 -12.3% 916 1,003 -8.7%

    New Listings 162 147 10.2% 157 3.2% 1,060 1,252 -15.3%

    Pending Sales 179 141 27.0% 140 27.9% 1,076 1,118 -3.8%

    Days on Market 31 33 -6.1% 39 -20.5% 40 46 -13.0%

    Price per Square Foot $118 $113 4.4% $112 5.4% $113 $106 6.6%

    % of Ask Received 99.2% 98.8% 0.4% 98.4% 0.8% 98.7% 98.2% 0.5%

    Active Inventory 106 120 -11.7% 230 -53.9%

    Absorption Rate 0.7 0.8 -12.5% 1.4 -50.0%

    Aug 2020 Jul 2020 MOM Aug 2019 YOY 2020 2019 YTD

    $120,000

    $140,000

    $160,000

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    http://www.domusanalytics.com/

  • © 2019 North Leaf Solutions LLC as Domus Analytics, under license for MIBOR REALTORS® Association 12

    Median Sales Price $250,000 $254,250 -1.7% $220,000 13.6% $242,388 $222,000 9.2%

    Closed Sales 298 310 -3.9% 314 -5.1% 1,890 1,992 -5.1%

    New Listings 288 352 -18.2% 319 -9.7% 2,199 2,436 -9.7%

    Pending Sales 362 305 18.7% 270 34.1% 2,206 2,153 2.5%

    Days on Market 27 21 28.6% 30 -10.0% 34 34 0.0%

    Price per Square Foot $125 $124 0.8% $116 7.8% $119 $114 4.4%

    % of Ask Received 99.7% 99.7% 0.0% 98.7% 1.0% 99.1% 98.8% 0.3%

    Active Inventory 188 255 -26.3% 456 -58.8%

    Absorption Rate 0.6 0.8 -25.0% 1.5 -60.0%

    Aug 2020 Jul 2020 MOM Aug 2019 YOY 2020 2019 YTD

    $140,000

    $160,000

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  • © 2019 North Leaf Solutions LLC as Domus Analytics, under license for MIBOR REALTORS® Association 13

    Median Sales Price $169,900 $158,000 7.5% $128,000 32.7% $153,500 $136,500 12.5%

    Closed Sales 45 48 -6.3% 56 -19.6% 313 377 -17.0%

    New Listings 64 46 39.1% 67 -4.5% 382 473 -19.2%

    Pending Sales 56 47 19.1% 59 -5.1% 360 426 -15.5%

    Days on Market 42 42 0.0% 43 -2.3% 50 47 6.4%

    Price per Square Foot $110 $108 1.9% $91 20.9% $103 $89 15.7%

    % of Ask Received 98.4% 97.6% 0.8% 96.6% 1.9% 97.7% 97.2% 0.5%

    Active Inventory 53 52 1.9% 92 -42.4%

    Absorption Rate 1.2 1.1 9.1% 1.6 -25.0%

    Aug 2020 Jul 2020 MOM Aug 2019 YOY 2020 2019 YTD

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  • © 2019 North Leaf Solutions LLC as Domus Analytics, under license for MIBOR REALTORS® Association 14

    Median Sales Price $155,000 $123,500 25.5% $135,900 14.1% $139,900 $131,950 6.0%

    Closed Sales 18 22 -18.2% 27 -33.3% 141 146 -3.4%

    New Listings 19 19 0.0% 35 -45.7% 173 200 -13.5%

    Pending Sales 16 16 0.0% 20 -20.0% 158 158 0.0%

    Days on Market 22 36 -38.9% 46 -52.2% 36 47 -23.4%

    Price per Square Foot $112 $99 13.1% $96 16.7% $96 $89 7.9%

    % of Ask Received 97.1% 99.0% -1.9% 95.6% 1.6% 96.4% 95.5% 0.9%

    Active Inventory 27 21 28.6% 52 -48.1%

    Absorption Rate 1.5 1.0 50.0% 1.9 -21.1%

    2020 2019 YTDAug 2020 Jul 2020 MOM Aug 2019 YOY

    $20,000

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  • © 2019 North Leaf Solutions LLC as Domus Analytics, under license for MIBOR REALTORS® Association 15

    Median Sales Price $239,900 $225,000 6.6% $201,500 19.1% $215,000 $199,900 7.6%

    Closed Sales 309 314 -1.6% 292 5.8% 1,839 1,891 -2.7%

    New Listings 302 322 -6.2% 321 -5.9% 2,125 2,325 -8.6%

    Pending Sales 302 328 -7.9% 277 9.0% 2,117 2,063 2.6%

    Days on Market 27 27 0.0% 33 -18.2% 34 38 -10.5%

    Price per Square Foot $133 $125 6.4% $115 15.7% $123 $114 7.9%

    % of Ask Received 99.6% 98.6% 1.0% 98.3% 1.3% 98.9% 98.4% 0.5%

    Active Inventory 185 193 -4.1% 401 -53.9%

    Absorption Rate 0.6 0.6 0.0% 1.4 -57.1%

    2020 2019 YTDAug 2020 Jul 2020 MOM Aug 2019 YOY

    $120,000

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  • © 2019 North Leaf Solutions LLC as Domus Analytics, under license for MIBOR REALTORS® Association 16

    Median Sales Price $142,250 $130,000 9.4% $125,000 13.8% $133,200 $119,100 11.8%

    Closed Sales 158 165 -4.2% 152 3.9% 1,040 1,084 -4.1%

    New Listings 184 182 1.1% 188 -2.1% 1,198 1,417 -15.5%

    Pending Sales 191 190 0.5% 164 16.5% 1,223 1,212 0.9%

    Days on Market 26 35 -25.7% 38 -31.6% 41 50 -18.0%

    Price per Square Foot $89 $86 3.5% $77 15.6% $82 $73 12.3%

    % of Ask Received 97.7% 97.6% 0.1% 95.5% 2.3% 96.4% 96.0% 0.4%

    Active Inventory 131 123 6.5% 344 -61.9%

    Absorption Rate 0.8 0.7 14.3% 2.3 -65.2%

    2019 YTDAug 2020 Jul 2020 MOM Aug 2019 YOY 2020

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    http://www.domusanalytics.com/

  • © 2019 North Leaf Solutions LLC as Domus Analytics, under license for MIBOR REALTORS® Association 17

    Median Sales Price $187,250 $186,000 0.7% $165,000 13.5% $178,000 $160,500 10.9%

    Closed Sales 1,328 1,510 -12.1% 1310 1.4% 9,013 9,087 -0.8%

    New Listings 1,532 1,580 -3.0% 1644 -6.8% 10,662 11,518 -7.4%

    Pending Sales 1,538 1,435 7.2% 1312 17.2% 10,306 9,912 4.0%

    Days on Market 26 27 -3.7% 30 -13.3% 36 38 -5.3%

    Price per Square Foot $123 $123 0.0% $107 15.0% $117 $104 12.5%

    % of Ask Received 99.2% 98.9% 0.3% 97.5% 1.7% 98.1% 97.5% 0.6%

    Active Inventory 1,172 1,237 -5.3% 2226 -47.3%

    Absorption Rate 0.9 0.8 12.5% 1.7 -47.1%

    Aug 2020 Jul 2020 MOM Aug 2019 YOY 2020 2019 YTD

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  • © 2019 North Leaf Solutions LLC as Domus Analytics, under license for MIBOR REALTORS® Association 18

    Median Sales Price $149,000 $161,500 -7.7% $145,000 2.8% $145,000 $127,500 13.7%

    Closed Sales 53 58 -8.6% 57 -7.0% 333 358 -7.0%

    New Listings 62 59 5.1% 56 10.7% 384 462 -16.9%

    Pending Sales 54 61 -11.5% 52 3.8% 388 393 -1.3%

    Days on Market 23 36 -36.1% 46 -50.0% 49 46 6.5%

    Price per Square Foot $98 $103 -4.9% $94 4.3% $94 $87 8.0%

    % of Ask Received 98.0% 97.5% 0.5% 97.0% 1.0% 97.1% 97.0% 0.1%

    Active Inventory 51 47 8.5% 109 -53.2%

    Absorption Rate 1.0 0.8 25.0% 1.9 -47.4%

    2020 2019 YTDAug 2020 Jul 2020 MOM Aug 2019 YOY

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    http://www.domusanalytics.com/

  • © 2019 North Leaf Solutions LLC as Domus Analytics, under license for MIBOR REALTORS® Association 19

    Median Sales Price $204,900 $205,900 -0.5% $189,450 8.2% $189,900 $175,000 8.5%

    Closed Sales 113 131 -13.7% 106 6.6% 741 690 7.4%

    New Listings 132 133 -0.8% 145 -9.0% 872 927 -5.9%

    Pending Sales 135 134 0.7% 108 25.0% 876 763 14.8%

    Days on Market 25 24 4.2% 44 -43.2% 41 47 -12.8%

    Price per Square Foot $125 $126 -0.8% $115 8.7% $120 $110 9.1%

    % of Ask Received 98.4% 99.1% -0.7% 98.8% -0.4% 98.4% 98.1% 0.3%

    Active Inventory 95 99 -4.0% 213 -55.4%

    Absorption Rate 0.8 0.8 0.0% 2.0 -60.0%

    Aug 2020 Jul 2020 MOM Aug 2019 YOY 2020 2019 YTD

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    http://www.domusanalytics.com/

  • © 2019 North Leaf Solutions LLC as Domus Analytics, under license for MIBOR REALTORS® Association 20

    Median Sales Price $150,000 $166,250 -9.8% $159,000 -5.7% $168,400 $153,000 10.1%

    Closed Sales 56 60 -6.7% 44 27.3% 359 313 14.7%

    New Listings 65 64 1.6% 60 8.3% 424 395 7.3%

    Pending Sales 68 57 19.3% 41 65.9% 412 324 27.2%

    Days on Market 32 60 -46.7% 30 6.7% 58 57 1.8%

    Price per Square Foot $104 $115 -9.6% $111 -6.3% $110 $104 5.8%

    % of Ask Received 97.3% 96.3% 1.0% 97.8% -0.5% 97.3% 97.3% 0.0%

    Active Inventory 54 52 3.8% 103 -47.6%

    Absorption Rate 1.0 0.9 11.1% 2.3 -56.5%

    Aug 2020 Jul 2020 MOM Aug 2019 YOY 2020 2019 YTD

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  • © 2019 North Leaf Solutions LLC as Domus Analytics, under license for MIBOR REALTORS® Association 21

    Median Sales Price $152,000 $154,950 -1.9% $139,950 8.6% $145,000 $138,500 4.7%

    Closed Sales 51 56 -8.9% 44 15.9% 332 369 -10.0%

    New Listings 65 51 27.5% 61 6.6% 399 446 -10.5%

    Pending Sales 64 55 16.4% 47 36.2% 402 392 2.6%

    Days on Market 13 28 -53.6% 78 -83.3% 36 48 -25.0%

    Price per Square Foot $102 $99 3.0% $87 17.2% $98 $88 11.4%

    % of Ask Received 98.7% 97.8% 0.9% 97.1% 1.6% 96.6% 96.7% -0.1%

    Active Inventory 35 33 6.1% 84 -58.3%

    Absorption Rate 0.7 0.6 16.7% 1.9 -63.2%

    Aug 2020 Jul 2020 MOM Aug 2019 YOY 2020 2019 YTD

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