Real Estate Sales

Overview

The Real Estate Sales Dashboard provides an insightful analysis of sales trends, property values, and transaction volumes over the years 2010 to 2022. Designed for stakeholders in the real estate sector, this dashboard showcases key metrics, including sales values, assessed values, and the composition of property types sold. It serves as a valuable tool for evaluating market dynamics and formulating data-driven strategies.

Observations and Insights

1. Market Dynamics:
   • The sharp growth in sales value around 2020-2021 may correlate with broader economic factors such as housing demand surges or favorable market conditions during the pandemic era.
   • Despite this growth, a slight decline in sales value after 2021 suggests potential market corrections or cooling trends.
2. Residential Market Dominance:
   • The market's heavy reliance on residential property sales suggests opportunities for diversification into commercial or mixed-use properties.
3. Sales vs. Assessed Values:
   • The divergence between assessed and sales values in recent years may indicate overvaluation or speculative activity in the market.

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