August 2022 Market Update
Christina Reimer
Christina Reimer's expertise in the local real estate market spans 18 years, a testament to her dedication and skill in the industry...
Christina Reimer's expertise in the local real estate market spans 18 years, a testament to her dedication and skill in the industry...
Between August 2020 and August 2021, home prices across the United States and Canada rose to record levels, with the U.S. housing market rising to a record of 19.9% and the Canadian housing market rising to a record 21.4%.
2022 stands to be another strong year for sellers. If you're thinking about selling your home, being aware of the trends in the market will help you understand the strength of the market.
Our monthly market update showcases everything you need to know about local real estate trends over the last month.
August Market Update for Midland County
51
New Listings
80
Active Listings
85
Under Contract
97
Closed Sales
Homes Sold
101%
Sale-to-List Price
$262,127
Average Sales Price
1
Months of Supply
77
Average Days on Market
139
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.