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Desert Housing Report, August 2023

September 10, 2023

Market Watch LLC has released its most recent housing report for August 2023.

According to the report:

  • Historical data for detached homes ended at $660,401, down $5,000 from last month
  • Historical data for attached homes is up to $439,000, down $11,000 from last month
  • Total sales attached and detached are 623, down 51 units from last year
  • Inventory: 1,601 units, which is only 28 units less than last month
  • Time on the market by price range and days on the market to sell a home: 38 days, which is 28 days more than last year
  • List price in relation to the sales price: 17.5 % of sales were above the list price, compared to 38% a year ago

The above information provided is purely for informational purposes. While we do not doubt its accuracy, we have not verified it and make no guarantee, warrant or representation about it.