Page 32 - Housing Report - January 2025
P. 32

JAN 2025
                                                   SEMI HOUSING REPORT

                                                     Warren




                                                      Single-Family Homes
                 MONTHLY               Closed Sales

                          135
                   DEC NEW LISTINGS             YOY Sales                                     YOY $/SF
                  -17% from last month          Oct +9%     Monthly Sales and Avg $/SF        Dec +6%
                           99              250  Nov -8%                                              $175
                                                Dec -2%
                     NEW PENDINGS          200
                  -23% from last month                                                               $150
                          118              150                                                       $125
                                                                                                     $100
                      CLOSED SALES         100
                  -13% from last month                                                               $75
                        $160                50                                                       $50
                                                                                                     $25
                    PRICE PER SQ FT
                   -5% from last month       0                                                       $-
                                                Jan  Feb  Mar  Apr  May  Jun  Jul  Aug  Sep  Oct  Nov  Dec
                      $205K                                    Sales '22  Sales '23  Sales '24
                     AVG SALE PRICE
                   -1% from last month                         $/SF '22  $/SF '23  $/SF '24

                                                 All Price Ranges

                                         Oct '24     Nov '24      Dec '24               YTD
                                                                                   '23      '24  (+/-)
                       Listings Taken                    213                    162                    135             2,305             2,370  3%
                       New Pendings                    148                    129                       99             1,725             1,595  -8%
                       Closed Sales                    142                    135                    118             1,683             1,535  -9%
                       Price/SF           $164         $168         $160          $153    $163   7%
                       Avg Price       $199,940     $207,321     $205,422      $187,175  $197,781  6%
                                                     <$125k

                                         Oct '24     Nov '24      Dec '24               YTD
                                                                                   '23      '24  (+/-)
                       Listings Taken                       44                       30                       27                 612                535  -13%
                       New Pendings                       36                       24                       22                 438                364  -17%
                       Closed Sales                       29                       31                       25                 444                361  -19%
                       Price/SF            $90         $106          $97           $93     $98   5%
                                                   $125k-$250k
                                         Oct '24     Nov '24      Dec '24               YTD
                                                                                   '23      '24  (+/-)
                       Listings Taken                    106                       82                       74             1,188             1,193  0%
                       New Pendings                       70                       62                       54                 929                798  -14%
                       Closed Sales                       71                       58                       52                 853                718  -16%
                       Price/SF           $166         $171         $161          $163    $167   3%
                                                     >$250k
                                                                                        YTD
                                         Oct '24     Nov '24      Dec '24
                                                                                   '23      '24  (+/-)
                       Listings Taken                       63                       50                       34                 505                642  27%
                       New Pendings                       42                       43                       23                 358                433  21%
                       Closed Sales                       42                       46                       41                 386                456  18%
                       Price/SF           $192         $190         $184          $177    $190   8%
                                                     at
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