2024 Home Sales Wrap in Lockstep with Recent Growth

December home sales marked a strong close to 2024, a year that more or less followed the same year-over-year price jumps experienced in the last half decade. 

According to data from local real estate group Aspire North, 188 single family home sales in December raked in about $95 million in total sales, good for an average sale price of $505,755. That’s a bump from the average price of $457,406 across 189 sales in December 2023.

Median sale price (the midpoint in a list of numbers, used to negate the impact of extreme numbers on either end that can skew averages) was $365,000, up from $350,000 in December 2023.

With December’s numbers in the books, 2024 closed with an average residential sale of $542,681 and a median sale of $399,975 across 2,506 sales, up from $502,697 and $380,000 in 2,538 sales in 2023. Both of those jumps are in line with previous years, shown below:

2024: Median $399,975 Average $542,861
2023: Median $380,000 Average $502,697
2022: Median $349,000 Average $466,940
2021: Median $309,900 Average $416,479
2020: Median $260,000 Average $353,260
2019: Median $237,900 Average $304,033