Brookings Real Estate Market: An Examination of Current Sales Data as of July 20, 2023
Welcome to our most recent deep dive into the Brookings real estate market. Today’s report, up to July 20, 2023, covers data on single-family homes, condominiums, manufactured homes, and land lots. Let’s unpack the current trends and statistics for this vibrant market.
The current month has seen 15 transactions, with an average sales price of $575,512 and a median price of $540,000. The average price per square foot stands at $321.42, while the median is at $269.5. These numbers show an upward trend in property values compared to last month.
Reflecting on the previous month, there were 17 transactions with an average sales price of $478,265 and a median price of $505,000. The average price per square foot was slightly lower at $285.45.
Taking a broader view, the past 180 days have been bustling with 205 transactions. The average sales price during this period was $409,348, and the median sales price was $365,000, indicating steady growth in the Brookings real estate market.
Let’s break down these numbers in a comprehensive table:
| Current Month | Last Month | Past 180 Days | |
|---|---|---|---|
| Total Number of Transactions | 15 | 17 | 205 |
| Average Sales Price | $575,512 | $478,265 | $409,348 |
| Median Sales Price | $540,000 | $505,000 | $365,000 |
| Average Price Per Square Foot | $321.42 | $285.45 | $272.4 |
| Median Price Per Square Foot | $269.5 | $270.41 | $265.32 |
In conclusion, the Brookings real estate market continues to exhibit positive growth. These figures are a testament to the market’s resilience and attraction for investors and homebuyers alike. We look forward to bringing you more insights in our next report.