Slight Bump In Contract Activity In September 2023

We saw a slight increase in contract activity this September as compared to last September... with 3% more contracts signed this year than last...

115 contracts were signed in September 2023

112 contracts were signed in September 2022

As you'd like imagine given the graph above, the total pace of contract signing this year is a good bit below last year...

1,226 contracts signed January - September 2023

1,033 contracts signed January - September 2022

So, we're seeing 16% fewer contracts signed this year than last -- though we had a few more than expected in September 2023.

It will be interesting to see how October through December finish out in 2023.

Stay tuned for a fuller market analysis in the next week or so.