Monthly Market Update
In the period spanning from August 2020 to August 2021, both the United States and Canada witnessed unprecedented surges in home prices, reaching historic highs. Notably, the U.S. housing market experienced a remarkable ascent of 19.9%, while its Canadian counterpart soared even higher at a staggering 21.4%. As we venture into 2024, the momentum in the housing market appears poised to persist, promising another robust year for sellers.
For those contemplating the sale of their homes, staying informed about prevailing market trends is paramount. Our monthly market update offers comprehensive insights into the recent dynamics of the local real estate landscape, equipping you with invaluable information to gauge the market's strength.
January Market Update for Midland
418
New Listings
431
Active Listings
305
Under Contract
145
Closed Sales
$350,000
Average Sales Price
2
Months Inventory
54
Average Days on Market
$165.48
Average Price per Square Foot
Curious about how your home's value has changed?
We will gladly prepare a Comparative Market Analysis for you so that you are armed with the most current information.