In Mid-Q3, SMD's housing market saw rising home values alongside declining inventory.
Rising Home Prices:
Avg prices: ↑4.4% MoM
Median prices: ↑4.88% MoM
Avg sold price: ↑0.31% yearly
Inventory Challenges:
Active listings: ~↓16.85% yearly
New listings: ↓22.61%
Pending sales: ↓8.5%
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