Twenty sales, a softer median, and a firmer trade.
Twenty single-family closings against twenty-two last May, percent of list firmed a point to ninety-nine, days on market shortened by a week. By the activity lines, this is a healthy spring month. By the median, it looks like a twenty-five percent drop, and most of that read is a mix shift toward Ivins's middle-tier price points.
The average sale price pulled down fourteen percent on the same shift. Last May had several closings above one and a half million dollars that lifted the headline; this May's mix sat closer to the seven hundred-thousand center of the city's working market. None of that signals a market correction. It signals a transactional mix that happened to be lower in the price stack.
The percent of list reading is the most meaningful number in the table. Even with more supply on the shelf, the homes that sold closed at ninety-nine cents on the dollar. That is what a working spring market looks like in Ivins.