New housing data issued by realMLS for January 2023 shows an increase in New Listings, Active Inventory, Median Sales Price, and Median Days on Market.
New Listings increased 18.3 percent in January compared to January 2022, and 32.3 percent compared to December 2022. Active Inventory increased substantially by 154.4 percent in year over year comparison.
The increase to these numbers is a welcomed sign for buyers as we head into the spring real estate market.