Single Detached
Single detached home sales were up from year-ago levels in all but the lowest price ranges in the first quarter of 2022.
The market for single detached homes was tightest in the range below $150K, where demand was strongest relative to supply.
Single detached homes in the price range $250K-$350K spent the least amount of time on market prior to selling in the first quarter.
Multi-Family
Multi-family unit sales were up from year-ago levels in most price ranges in the first quarter of 2022, offsetting decline in price segments below $250K.
The market for multi-family units was tightest in the range $250K-$300K, where demand was strongest relative to supply.
Multi-family units in the price range above $350K spent the least amount of time on market prior to selling in the first quarter.
