June Real Estate Market Update
In June, the real estate market saw a noticeable slowdown in activity compared to May. A total of 27 single-family homes were sold in June, down from 38 sales the previous month.
Among the June transactions was the sale of a waterfront property, reflecting the continued demand for luxury homes with premium water access. These properties remained highly valued, with an impressive average price per square foot of $1,346.90—highlighting the strong appeal of prime locations and lifestyle amenities.
Non-waterfront properties also performed well, posting an average price per square foot of $1,059.25. It’s important to note that this figure was influenced by a significant $13 million sale, which contributed to the higher overall average.
As we move into the third quarter, we’ll be closely monitoring market trends and activity. Stay tuned for future updates and insights to keep you informed on all things real estate.
