Episode 52 - December 2024 Market Stats (Jan 2025 PRO Release)

Send us Fan MailDavid and Julie discuss the January release of statistics about the month of December.  Significant story of the market and what is driving the most activity.  Check out the January Stats coming soon which further push the themes of this recovering market.Closed Sales: Up 33% (918 in Dec 2024 vs. 689 in Dec 2023)Cash Purchases: Up 43% (379 total), driven largely by flood-damaged or land-only propertiesMedian Sale Price: Up 10% to $436,000Average Sale Price: Down slightly to $600,000New Listings: Up 38.7% (974 new listings vs. 700 the previous year)Active Listings: Up 33% (2,957 total)Inventory Supply: Increased to 3.6 months, consistent with trends from the past yearMarket Insight: December’s spike in sales activity suggests positive movement in recovery, with notable activity in mid-range price points4oWant to work with us? David Vann can be found  here, and Julie Jones can be found here! Reach out! We're nice, and we'd love to hear from you!