HOUSING – Key Metrics
AVERAGE ACTIVE LISTINGS PER QUARTER
3K
2,700
2.5K
2K
1.5K
916
1K
665
500
0
2019
2020
2021
2022
2023
2024
Source: Greater Regional Alliance of Realtors (GRAR)
Average quarterly listings fell 27% to 665 listings in Q1 2024, compared to the 916 average listings posted in the same quarter the previous year. Average quarterly listings have steadily declined from a peak of 2,700 listings in Q3 2019.
AVERAGE DAYS ON MARKET BY QUARTER
60
50
35 Days
34 Days
40
30
20
10
0
2019
2020
2021
2022
2023
2024
Source: Greater Regional Alliance of Realtors (GRAR)
The average days on market for residential homes remained relatively flat compared to 2023.
11
STATE OF DEVELOPMENT – DIVING DEEPER
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