February 2023 Housing Market InfographicHighlights

  • Home sellers were less active in February, with fewer homes listed for sale than in February 2022.
  • In February, homes spent 67 days on the market, 23 days longer than last February but shorter than before the pandemic.
  • The number of homes for sale increased by 67.79% compared to February 2022.
  • The total number of unsold homes (including those under contract) increased by 13.26% compared to last February.
  • The median price of homes for sale in February increased by 7.85% annually, slightly lower than January’s 9.67% growth rate.

 

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