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February Market Update
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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…
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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…
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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…
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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…
