Lawson had a strong showing for home sales in Quarter 3-2023. Although home sale prices were down compared with Quarter 2-2023, both average and median home sale prices increased from Quarter 3-2022. Given the wide range of home prices in Lawson, it's not unreasonable to assume that the quarter-over-quarter sale prices were affected by the price mix of homes sold in the Third Quarter. List to sale price ratio of 100.48% in Quarter 3-2023 was flat compared with the same quarter one (24 comments)
Lawson had a reasonably strong showing for home sales in Quarter 1-2023. Compared with the previous three months, median home sale price increased 10%, while the average sale price increased 6%. Tight inventory put upward pressure on home prices. Average days on market increased and compared to Quarter 4-2022, they were 12 days higher. Although the list to sale price ratio decreased 7% compared with the previous three months, Lawson home sellers still realized a most respectable almost 97% of list price in final sale price.
It was a strong showing for Lawson homes both in the Fourth Quarter 2022 and throughout 2022. Home sale prices increased year-over-year and quarter-over-quarter. To the extent the Lawson market shifted, it was in higher days on market, which increased to 31 days by the Fourth Quarter, and a lower list to sale price ratio, which was just under 100% in the Fourth Quarter.
Inventory remained tight in Lawson throughout 2022 and was down year-over-year. Just 50 homes sold in 2022 out of 600+ homes in the neighborhood. No doubt, this accounts for sale (20 comments)
17 homes sold in Lawson during Quarter 3 - 2022, equal to the 17 homes that sold in the same quarter one year ago and one more than the 16 that sold in Quarter 2 - 2022. New listings increased by two year-over-year to 20 and by one quarter-over-quarter. We saw a shift in Lawson home sales to more days on market and while home prices appreciated year-over-year, they appreciated at a much lower rate than what we've seen in the past couple of years. Quarter-over-quarter, home sale prices decreased as (26 comments)
16 homes sold in Lawson during Quarter 2 - 2022, 13 fewer than in the same quarter one year ago, but four more than in the first quarter of 2022. New listings decreased by 12 year-over-year to 19. Both listing and sale prices were up significantly year-over-year in Lawson.
Lawson Home Sales Snapshot: Quarter 2 - 2022
Average days on market decreased to 11 days from 16 days compared with the same quarter one year ago. Average days on market dropped from 28 days to 11 quarter-over-quarter. Median days on market were just (20 comments)