2023 Tourism and Economic Development Year End Report

2023 Economic and Tourism Development Year-End Report

HOUSING AND BUILDING ACTIVITY

Average Price :

Units Sold:

2022: 1908 2023: 2068

2022: $619,716 2023: $589,103

8% Increase

-5% Decrease

Source: Central Lakes Association of Realtors, includes separated Cities.

Number of Building Permits:

2019: 1,306

2022: 1,919

2023: 1,261

Total Dollar Value of Construction Activity:

2019: 82.8M

2022: 175.7M

2023: 181.5M

(Source: Building Departments for all fourteen Member Municipalities. 2019 data is provided to compare with pre-pandemic figures).

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