Market Reports November 27, 2023

October 2023 Residential Market Report: Chatsworth/Murray County

Let’s take a quick look at the Chatsworth/Murray County Market Report for the month of October!
 
There were 40 new listings that came to market in August, which is 9 more than in September. Pending sales rose by 2 units, up to 22, compared to 20 in September. Closed sales decreased significantly, going down from 27 closed sales in September to 10 closed sales in October.
 
Median Sales Price has increased year-over-year by 28.5%, from $236,250 to $303,500, while Average Sales Price has increased by 14.0%, from $278,558 to $317,500.
 
Months Supply increased month-over-month, going from 2.9 months supply in September to 3.8 in October, and the year-over-year months supply is up by 35.7%, going from 2.8 months in October 2022 to 3.8 Months in October 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