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Let’s take a quick look at the Chatsworth/Murray County Market Report for the month of May!
There were 29 New Listings that came to market, which is 9 fewer than in April. Pending Sales matched the number of New listings at 29, which is an increase of Month-over-Month by 4 units. Closed Sales decreased by 1 unit M/M, from 25 to 24 Closed Sales.
Median Sales Prices have increased Year-over-Year by 23.8%, from $205,500 to $254,500, while Average Sales Prices have increased by 18.4% Year-over-Year, from$243,170 to $288,013.
The Months Supply remains near to but increased by a tenth of a percent Month-over-Month, from 2.2 to 2.3. However, Year-over-Year the Months supply is still slightly down from 2.4 Months Supply in May of 2022 to 2.3 Months Supply in May of 2023.
Remember, the best way to learn about your local market is through a local realtor, not the national media. While there are factors that play into every market, there are many that differ on the local level. So whenever you need to know about the local market contact me!
Jacob B. Mitchell
Cell: 706-581-6401
Office: 706-226-5182
Email: AgentJacobMitchell@gmail.com
www.RealtorJacobMitchell.com
Coldwell Banker Kinard Realty
