Embrun Real Estate Market Update November 2023

Welcome to our latest blog post, where we dive deep into the current trends and insights of the Embrun real estate market as of November 2023. In this article, we'll be exploring the most recent data that sheds light on how the market is performing, what changes we're seeing, and what this means for buyers, sellers, and investors alike. From sales volume to listing dynamics, we have compiled a comprehensive analysis to help you understand the intricacies of the Embrun market. Whether you're planning to invest, sell, or simply keeping an eye on the market, these insights will provide valuable perspective on the current real estate landscape

1. Monthly Statistics for November 2023:

   • Total Sales: 7
   • Dollar Volume: $3,364,500
   • New Listings: 29
   • Active Listings: 67
   • Sales to New Listings Ratio: 24.1%
   • Months of Inventory: 9.6
   • Average Price: $480,643
   • Median Price: $385,000
   • Sale to List Price Ratio: 98.4%
   • Median Days on Market: 35.0​​.

2. Year-to-Date Statistics up to November 2023:

   • Total Sales: 162
   • Dollar Volume: $93,928,815
   • New Listings: 358
   • Active Listings: 65
   • Sales to New Listings Ratio: 45.3%
   • Months of Inventory: 4.4
   • Average Price: $579,808
   • Median Price: $575,000
   • Sale to List Price Ratio: 98.3%
   • Median Days on Market: 26.5​​.

As we wrap up our analysis of the Embrun real estate market for November 2023, a few key points stand out. The market has seen a total of 7 sales with a dollar volume of $3,364,500 in just November, and a significant year-to-date sales total of 162, accumulating a dollar volume of $93,928,815. While the average prices have been robust, the market dynamics such as the sales to new listings ratio and median days on market indicate a nuanced landscape for both buyers and sellers. These statistics not only reflect the current state of the Embrun real estate market but also provide a lens through which future trends might be anticipated. Whether you're an industry professional or a prospective buyer or seller, staying informed with such detailed market analysis is crucial in making well-informed decisions. Keep an eye on our blog for more updates and insights into the real estate market, helping you navigate these ever-changing tides with confidence.