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Monthly Market Update

Jacobe Kendrick

I was born and raised in Midland...

I was born and raised in Midland...

Feb 16 1 minutes read

In the period spanning from August 2020 to August 2021, both the United States and Canada witnessed unprecedented surges in home prices, reaching historic highs. Notably, the U.S. housing market experienced a remarkable ascent of 19.9%, while its Canadian counterpart soared even higher at a staggering 21.4%. As we venture into 2024, the momentum in the housing market appears poised to persist, promising another robust year for sellers. 

For those contemplating the sale of their homes, staying informed about prevailing market trends is paramount. Our monthly market update offers comprehensive insights into the recent dynamics of the local real estate landscape, equipping you with invaluable information to gauge the market's strength.

January Market Update for Midland

418

New Listings

431

Active Listings

305

Under Contract

145

Closed Sales

 

$350,000

Average Sales Price

2

Months Inventory

54

Average Days on Market

$165.48

Average Price per Square Foot

Curious about how your home's value has changed?

We will gladly prepare a Comparative Market Analysis for you so that you are armed with the most current information.

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