The latest data from MORE, REALTORS® shows that the metro east real estate market is continuing to see strong growth. In July 2024, the median sold price for homes in the metro east update was $205,000, a 10.81% increase from July 2023 when the median sold price was $185,000. While this represents a slight decrease of 2.38% from June 2024, when the median sold price was $210,000, it is still a significant increase year-over-year.
The median list price for homes in the metro east update also saw a strong increase, rising to $200,000 in July 2024, an 11.17% jump from $179,900 in July 2023. This is a positive sign for sellers in the area as it indicates a high demand for homes.
In terms of sales, there were 715 home sales in the metro east update in July 2024, a 15.88% increase from 617 in July 2023. This further demonstrates the strong demand for homes in the area.
Overall, the metro east real estate market is showing steady growth and remains a desirable location for both buyers and sellers. For more detailed information, refer to the chart below, available exclusively from MORE, REALTORS®. Stay tuned for future updates on the metro east real estate market.
