Category: Uncategorized

  • February Market Update

    Single-family home sales in Boone County started the year up 5% to 105 units for the month of January, a result of another month of new construction sales outperforming existing sales.  This is a great start for the year and is typical for the number of sales we see in January prior to 2020.  With…

  • January Market Update

    For December 2023, Boone County single-family home sales were up 6%, with 112 closed sales.  Prices continue to tick up moderately.  The average price in December was up 5% to $326,409, and the median price was up 4% to $285,000.    Days on market (DOM) leaped 74% from December last year to 33 days.  Days…

  • November Market Update

    There was a surprise uptick in single-family home sales in October, with sales up 5% with 159 sales, which is a high number historically for October, minus 2020 and 2021 during COVID.   Year-to-date, sales are down 14% compared to 2022, slightly better than most of this year.  In addition to a surprise increase in total…

  • October Market Update

    Single-family home sales in September were down 8% to 164 units.  This is in addition to sales dropping 17% for September from 2021 to 2022.  Year-to-date, sales remain down 16% for 2023.  The average sold price in September was down 1% last month to $345,474.  This isn’t a surprise, as the average sales price increased…

  • August Market Update

    Single-family home sales in July were down 5% in Boone County compared to this time last year, with 239 homes sold.  For the fourth month in a row, new construction exceeded sales from the previous year, while existing home sales have lagged every month since January 2022, falling 12% last month to 204.  The National…