Residential Stats – February 2023

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Stellar MLS February 2023 Residential Stats – This report represents all residential listings in the Stellar MLS coverage area for February 2023.

For the Stellar MLS Florida coverage area, notable statistics state that:

New Listings decreased by 4% month over month and have declined by 8% year over year, while Active Listings inventory increased by 101%, more than double from last year. 

* The number of units sold increased from the previous month and has declined by 20% year over year. Inventory increased for the same time frame.

Total Sales Volume increased by 30% month over month and declined by 16% year over year.

* Average Days on Market has increased 11% month over month. Not only has inventory doubled since last year, but the number of days they remain on the market is more than twice as long as a year ago.

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