The total dollar volume down by 24% at $1.4 billion suggests a market that’s been affected by external factors, largely attributed to the $300 million Four Seasons Resort and Residences sales in 2022.
In the single-family home segment, 142 transactions were recorded, a 23% decrease compared to the previous year. A total dollar volume of $730.7 million, reflects a 14% decline. Despite the overall decrease in transactions, the median sale price has held steady, rising by 2% to $3.1 million, suggesting sustained demand for quality properties.
