September Monthly Market Comparison-HAR Report
September was the 18th straight month of negative sales activity with year-over-year single-family home sales falling 10.9 percent. When compared to pre-pandemic September 2019, sales were down 2.3 percent and when stacked against the sales volume in September 2018, five years ago, sales were up 7.1 percent.
In addition to the decline in single-family sales volume, total property sales and total dollar volume also fell below last year’s levels. Total dollar volume was $3.3 billion, down from $3.7 billion a year earlier. Single-family pending sales rose 1.2 percent. Active listings, or the total number of available properties, were 13.7 percent ahead of the 2022 level.