Douglas Mortgage Rates

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  • Trends
  • Rates vs. Fees
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  • Market Share
  • Loan Attributes
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  • Time on Market/Property Size
    • 30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

    30 Year Fixed Rate mortgages in Douglas averaged 6.29% for the week of 2022-06-23, compared to the national average of 5.81% for the same period.

    The average rate for the prior week (2022-06-16) was 6.16% and one month ago for the week of 2022-05-19, the average rate was 5.33%.

    Douglas's average rate one year ago was 3.01%.

    For refis of the same type during the week of 2022-06-23, the average rate was 6.09%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2022-06-23 5.81%
    Douglas 30 Year Fixed Rate 2022-06-23 6.29%
    Douglas 30 Year Fixed Rate Refi 2022-06-23 6.09%
    Douglas 15 Year Fixed Rate 2022-06-23 7.51%
    Douglas 15 Year Fixed Rate Refi 2022-06-23 4.75%
    Douglas 30 Year FHA 2022-06-23 0.11%
    Douglas 30 Year FHA Refi 2022-06-23 0.26%
    Douglas 30 Year USDA 2022-06-23 0.37%
    Douglas 30 Year VA 2022-06-23 0.17%
    Douglas 30 Year VA Refi 2022-06-23 -0.05%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Douglas, GA.

    Douglas Top Lenders by Rates & Fees

    The below table looks at the consensus average rates and fees provided by each lendor, for only loans originated in the Douglas, GA market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).

    Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Total Fees
    Renasant Bank 79 3.23% $3,288
    QUICKEN LOANS, LLC 41 2.99% $5,266
    UNITED WHOLESALE MORTGAGE, LLC 12 3.12% $3,290
    Wells Fargo Bank 9 3.22% $3,224
    Ameris Bank 8 3.06% $3,491
    AMERISAVE MORTGAGE CORPORATION 7 2.93% $3,842
    SOUTHPOINT FINANCIAL SERVICES, INC. 5 3.15% $4,109
    AgFirst Farm Credit Bank 4 3.03% $6,395
    Truist Bank 3 3.20% $4,153
    AmeriHome Mortgage Company, LLC 3 3.50% $2,717
    MORTGAGE INVESTORS GROUP, INC. 2 2.81% $1,510
    Discover Bank 2 4.37% $0
    LOANDEPOT.COM, LLC 2 3.06% $7,012
    GEORGIA UNITED 1 2.88% $4,214
    HOME POINT FINANCIAL CORPORATION 1 3.13% $1,539
    HOMESIDE FINANCIAL, LLC 1 3.13% $3,052
    HOMESTAR FINANCIAL CORPORATION 1 3.25% $5,560
    ZILLOW HOME LOANS, LLC 1 3.13% $3,910
    MEGASTAR FINANCIAL CORP. 1 2.88% $3,270
    First Heritage Mortgage, LLC 1 3.63% $3,182
    Nations Lending Corporation 1 2.75% $6,949
    NAVY FEDERAL CREDIT UNION 1 4.13% $7,399
    NORWICH COMMERCIAL GROUP, INC. 1 3.50% $3,610
    PENNYMAC LOAN SERVICES, LLC 1 2.88% $4,009
    PLANET HOME LENDING, LLC 1 2.88% $5,640
    PRIMELENDING, A PLAINSCAPITAL COMPANY 1 2.88% $3,678
    Prosperity Home Mortgage, LLC 1 3.25% $3,376
    PROVIDENT FUNDING ASSOCIATES, L.P. 1 2.75% $3,663
    Fifth Third Bank 1 3.50% $4,447
    Colony Bank 1 4.63% $3,678
    RUOFF MORTGAGE COMPANY, INC. 1 2.75% $2,919
    Colonial Savings, F.A. 1 3.50% $5,156
    STEARNS LENDING, LLC 1 3.38% $2,763
    Synovus Bank 1 2.88% $3,750
    CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 1 3.25% $3,437
    BANKSOUTH MORTGAGE COMPANY, LLC 1 2.88% $4,566
    Bank of America 1 3.13% $2,951
    First Reliance Bank 1 3.25% $2,782

    Douglas, GA's 38 lenders originated 731 loans during 2021. The total origination value was $126,235,000, with an average loan value of $172,688.

    The top Douglas lender as defined by loan originations is Renasant Bank, with 79 loans originated. Their average total fees are $3,288, which is $1,978 lower than the next largest lender, QUICKEN LOANS, LLC.

    The lowest fee Douglas lenders (with over 10 loans originated) are Renasant Bank ($3,288), UNITED WHOLESALE MORTGAGE, LLC ($3,290), QUICKEN LOANS, LLC ($5,266), .

    The lowest rate Douglas lenders (with over 10 loans originated) are QUICKEN LOANS, LLC (2.99%), UNITED WHOLESALE MORTGAGE, LLC (3.12%), Renasant Bank (3.23%), .

    Douglas, GA Lender Market Share & Volume

    Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.

    Name 2020 Loan Value 2021 Loan Value % Change 2021 Market Share
    Renasant Bank $7,310,000 $39,195,000 436.2% 31.0%
    QUICKEN LOANS, LLC $14,145,000 $19,280,000 36.3% 15.3%
    UNITED WHOLESALE MORTGAGE, LLC $510,000 $6,460,000 1,166.7% 5.1%
    The First, A National Banking Association $4,675,000 n/a 3.7%
    Ameris Bank $2,485,000 $4,555,000 83.3% 3.6%
    Truist Bank $2,765,000 $2,800,000 1.3% 2.2%
    Wells Fargo Bank $155,000 $2,480,000 1,500.0% 2.0%
    21ST MORTGAGE CORPORATION $2,880,000 $2,445,000 -15.1% 1.9%
    PENNYMAC LOAN SERVICES, LLC $240,000 $2,435,000 914.6% 1.9%
    Mr. Cooper ( Nationstar Mortgage ) $865,000 $2,075,000 139.9% 1.6%
    South State Bank $635,000 $2,070,000 226.0% 1.6%
    Colony Bank $3,435,000 $2,025,000 -41.0% 1.6%
    Mortgage Research Center, LLC $1,100,000 $1,935,000 75.9% 1.5%
    SOUTHPOINT FINANCIAL SERVICES, INC. $2,950,000 $1,885,000 -36.1% 1.5%
    TOWNE MORTGAGE COMPANY $5,360,000 $1,660,000 -69.0% 1.3%
    FREEDOM MORTGAGE CORPORATION $2,440,000 $1,615,000 -33.8% 1.3%
    MEGASTAR FINANCIAL CORP. $945,000 $1,505,000 59.3% 1.2%
    MORTGAGE INVESTORS GROUP, INC. $15,245,000 $1,410,000 -90.8% 1.1%
    AgFirst Farm Credit Bank $1,155,000 $1,400,000 21.2% 1.1%
    AMERISAVE MORTGAGE CORPORATION $610,000 $1,375,000 125.4% 1.1%
    VILLAGE CAPITAL & INVESTMENT LLC $685,000 $1,375,000 100.7% 1.1%
    LOANDEPOT.COM, LLC $765,000 $1,330,000 73.9% 1.1%
    AmeriHome Mortgage Company, LLC $370,000 $1,155,000 212.2% 0.9%
    Blue Ridge Bank $2,250,000 $1,150,000 -48.9% 0.9%
    TRIAD FINANCIAL SERVICES, INC. $240,000 $1,125,000 368.8% 0.9%
    CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $400,000 $865,000 116.3% 0.7%
    CALIBER HOME LOANS, INC. $320,000 $735,000 129.7% 0.6%
    MOVEMENT MORTGAGE, LLC $485,000 $685,000 41.2% 0.5%
    HOMESTAR FINANCIAL CORPORATION $600,000 $565,000 -5.8% 0.4%
    NAVY FEDERAL CREDIT UNION $435,000 $535,000 23.0% 0.4%
    Prosperity Home Mortgage, LLC $775,000 $460,000 -40.6% 0.4%
    AMERICAN PACIFIC MORTGAGE CORPORATION $445,000 n/a 0.4%
    Fifth Third Bank $415,000 n/a 0.3%
    USAA Federal Savings Bank $125,000 $375,000 200.0% 0.3%
    HOMESIDE FINANCIAL, LLC $305,000 $370,000 21.3% 0.3%
    CHURCHILL MORTGAGE CORPORATION $185,000 $320,000 73.0% 0.3%
    PLANET HOME LENDING, LLC $320,000 n/a 0.3%
    Mortgage Assurance Inc. $315,000 n/a 0.2%
    SWBC MORTGAGE CORPORATION $310,000 n/a 0.2%
    BROKER SOLUTIONS, INC. $310,000 $300,000 -3.2% 0.2%
    First Guaranty Mortgage Corporation $300,000 n/a 0.2%
    STEARNS LENDING, LLC $125,000 $300,000 140.0% 0.2%
    NEWREZ LLC $335,000 $290,000 -13.4% 0.2%
    BETTER MORTGAGE CORPORATION $285,000 n/a 0.2%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $285,000 n/a 0.2%
    Colonial Savings, F.A. $275,000 n/a 0.2%
    PROVIDENT FUNDING ASSOCIATES, L.P. $275,000 n/a 0.2%
    Synovus Bank $270,000 n/a 0.2%
    Figure Lending LLC $265,000 n/a 0.2%
    1ST SIGNATURE LENDING, LLC $255,000 n/a 0.2%
    GUARANTY HOME MORTGAGE CORPORATION $255,000 n/a 0.2%
    MILEND, INC. $275,000 $255,000 -7.3% 0.2%
    Discover Bank $75,000 $250,000 233.3% 0.2%
    Low VA Rates, LLC $240,000 n/a 0.2%
    VANDERBILT MORTGAGE AND FINANCE, INC. $610,000 $240,000 -60.7% 0.2%
    AMERICAN FINANCING CORPORATION $235,000 $235,000 0.0% 0.2%
    HOME POINT FINANCIAL CORPORATION $235,000 n/a 0.2%
    Lakeview Community Capital, LLC $235,000 n/a 0.2%
    The Federal Savings Bank $265,000 $235,000 -11.3% 0.2%
    ANGEL OAK HOME LOANS LLC $245,000 $225,000 -8.2% 0.2%
    Flagstar Bank, FSB $175,000 $210,000 20.0% 0.2%
    Carrington Mortgage Services, LLC $115,000 $205,000 78.3% 0.2%
    AMERICAN FINANCIAL NETWORK, INC. $195,000 n/a 0.2%
    FirstBank $125,000 $195,000 56.0% 0.2%
    NORWICH COMMERCIAL GROUP, INC. $195,000 n/a 0.2%
    PrimeSouth Bank $105,000 $190,000 81.0% 0.2%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $185,000 n/a 0.1%
    PNC Bank $165,000 n/a 0.1%
    AMWEST FUNDING CORP. $155,000 n/a 0.1%
    LOANLEADERS OF AMERICA, INC. $155,000 n/a 0.1%
    PHH Mortgage Corporation $155,000 n/a 0.1%
    SOUTHEASTERN Credit Union $175,000 $155,000 -11.4% 0.1%
    SOUTHWEST STAGE FUNDING, LLC $155,000 n/a 0.1%
    CLEARPATH LENDING $145,000 n/a 0.1%
    Nations Lending Corporation $145,000 n/a 0.1%
    Bank of America $135,000 n/a 0.1%
    First Reliance Bank $135,000 n/a 0.1%
    SIGNATURE MORTGAGE CORPORATION $135,000 n/a 0.1%
    ZILLOW HOME LOANS, LLC $195,000 $135,000 -30.8% 0.1%
    Bank of England $125,000 n/a 0.1%
    BANKSOUTH MORTGAGE COMPANY, LLC $125,000 n/a 0.1%
    Farmers & Merchants Bank $205,000 $125,000 -39.0% 0.1%
    GEORGIA UNITED $125,000 n/a 0.1%
    Guardian Bank $455,000 $125,000 -72.5% 0.1%
    CRESCENT MORTGAGE COMPANY $115,000 n/a 0.1%
    NEW DAY FINANCIAL, LLC $760,000 $105,000 -86.2% 0.1%
    1st Franklin Financial Corporation $15,000 $100,000 566.7% 0.1%
    Pineland Bank $370,000 $90,000 -75.7% 0.1%
    First Heritage Mortgage, LLC $85,000 n/a 0.1%
    RUOFF MORTGAGE COMPANY, INC. $85,000 n/a 0.1%
    CREDIT HUMAN FEDERAL CREDIT UNION $95,000 $75,000 -21.1% 0.1%
    Southern States Bank $75,000 n/a 0.1%
    Glennville Bank $65,000 n/a 0.1%
    AgSouth Farm Credit, ACA $35,000 n/a 0.0%

    Douglas's top lender by overall market share is Renasant Bank, with 31.0% market share. In second place, with 15.3%, is QUICKEN LOANS, LLC, having originated $19,280,000 in loans. In third place, with 5.1%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $6,460,000 in loans. In third place, with 3.7%, is The First, A National Banking Association, having originated $4,675,000 in loans. In third place, with 3.6%, is Ameris Bank, having originated $4,555,000 in loans.

    Douglas, GA Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 334 $57,670,000 $172,665
    Refi 251 $46,905,000 $186,873
    Cash Out Refi 110 $18,040,000 $164,000
    Home Improvement 18 $1,100,000 $61,111
    Other 18 $2,520,000 $140,000

    Douglas's most frequently cited loan purpose was Home Purchase, with 334 originations. The 2nd most popular reason was Refi, with 251 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    2.5-3% 274 $49,980,000 $182,409
    3-4% 214 $43,460,000 $203,084
    <2.5% 124 $23,370,000 $188,468
    4-5% 30 $2,980,000 $99,333
    Over 8% 29 $2,325,000 $80,172
    5-6% 21 $1,455,000 $69,286
    6-7% 17 $1,205,000 $70,882
    7-8% 11 $865,000 $78,636

    During 2021, Douglas's most frequently originated rate bucket was 2.5-3%, with 274 originations.

    Loan Sizing (Douglas, GA MSA)

    Loan Size Originations Total Value Average Loan
    $100k-200k 343 $48,765,000 $142,172
    $200k-400k 190 $50,040,000 $263,368
    $100,000 or less 177 $11,775,000 $66,525
    $400k-600k 18 $8,330,000 $462,778
    $Over $1MM 2 $6,700,000 $3,350,000
    $600k-1000k 1 $625,000 $625,000

    Douglas's loan sizing saw the bucket of loans from $100k-200k with 343 originations, totaling $48,765,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 339 $59,815,000 $176,445
    60-80% 248 $50,310,000 $202,863
    40-60% 63 $8,235,000 $130,714
    20-40% 29 $1,915,000 $66,034
    Over 100% 10 $1,630,000 $163,000
    Under 20% 7 $265,000 $37,857

    Douglas's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 339 originations, totaling $59,815,000 in origination value.

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Douglas (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
    2018-01-01 $120,000 (10.3%) $153,150 (19.6%) 0.00 136
    2018-02-01 $111,500 (2.5%) $149,459 (17.4%) 0.00 132
    2018-03-01 $119,900 (9.3%) $153,356 (16.4%) 0.00 135
    2018-04-01 $139,950 (27.3%) $167,967 (24.7%) 0.00 137
    2018-05-01 $142,500 (29.7%) $165,944 (24.6%) 0.00 126
    2018-06-01 $139,125 (21.0%) $165,465 (22.3%) 0.00 122
    2018-07-01 $136,900 (23.3%) $165,300 (17.9%) 0.00 126
    2018-08-01 $135,000 (22.8%) $163,886 (13.1%) 0.00 117
    2018-09-01 $129,900 (5.7%) $177,155 (18.9%) 0.00 124
    2018-10-01 $129,000 (6.2%) $179,932 (18.3%) 0.00 129
    2018-11-01 $126,950 (4.5%) $180,619 (14.0%) 0.00 134
    2018-12-01 $132,500 (15.2%) $202,318 (28.8%) 0.00 138
    2019-01-01 $140,000 (16.7%) $212,705 (38.9%) 0.00 126
    2019-02-01 $154,950 (39.0%) $227,355 (52.1%) 0.00 118
    2019-03-01 $155,000 (29.3%) $225,123 (46.8%) 0.00 115
    2019-04-01 $155,000 (10.8%) $221,276 (31.7%) 0.00 110
    2019-05-01 $160,000 (12.3%) $233,279 (40.6%) 0.00 109
    2019-06-01 $154,900 (11.3%) $223,759 (35.2%) 0.00 109
    2019-07-01 $145,500 (6.3%) $209,185 (26.6%) 0.00 106
    2019-08-01 $143,386 (6.2%) $212,741 (29.8%) 0.00 103
    2019-09-01 $141,386 (8.8%) $215,788 (21.8%) 0.00 98
    2019-10-01 $141,750 (9.9%) $202,924 (12.8%) 0.00 104
    2019-11-01 $139,900 (10.2%) $202,075 (11.9%) 0.00 103
    2019-12-01 $137,400 (3.7%) $181,433 (-10.3%) 0.00 97
    2020-01-01 $139,950 (0.0%) $181,984 (-14.4%) 0.00 99
    2020-02-01 $144,900 (-6.5%) $182,174 (-19.9%) 0.00 112
    2020-03-01 $144,950 (-6.5%) $193,337 (-14.1%) 0.00 98
    2020-04-01 $149,500 (-3.6%) $193,327 (-12.6%) 0.00 96
    2020-05-01 $149,900 (-6.3%) $192,808 (-17.4%) 0.00 89
    2020-06-01 $165,750 (7.0%) $211,488 (-5.5%) 0.00 88
    2020-07-01 $165,750 (13.9%) $217,320 (3.9%) 0.00 80
    2020-08-01 $164,900 (15.0%) $220,921 (3.9%) 0.00 81
    2020-09-01 $160,000 (13.2%) $228,599 (5.9%) 0.00 79
    2020-10-01 $159,900 (12.8%) $231,368 (14.0%) 0.00 72
    2020-11-01 $152,300 (8.9%) $234,716 (16.2%) 0.00 71
    2020-12-01 $156,800 (14.1%) $246,440 (35.8%) 0.00 65
    2021-01-01 $154,600 (10.5%) $256,503 (41.0%) 0.00 63
    2021-02-01 $156,400 (7.9%) $280,919 (54.2%) 0.00 52
    2021-03-01 $158,500 (9.4%) $256,513 (32.7%) 0.00 57
    2021-04-01 $167,450 (12.0%) $262,527 (35.8%) 0.00 49
    2021-05-01 $179,900 (20.0%) $272,736 (41.5%) 0.00 44
    2021-06-01 $229,450 (38.4%) $395,713 (87.1%) 0.00 32
    2021-07-01 $227,450 (37.2%) $439,377 (102.2%) 0.00 35
    2021-08-01 $197,500 (19.8%) $373,395 (69.0%) 0.00 51
    2021-09-01 $215,000 (34.4%) $234,787 (2.7%) 0.00 62
    2021-10-01 $225,000 (40.7%) $232,743 (0.6%) 0.00 60
    2021-11-01 $225,000 (47.7%) $243,897 (3.9%) 0.00 58
    2021-12-01 $229,450 (46.3%) $252,201 (2.3%) 0.00 59
    2022-01-01 $229,900 (48.7%) $254,219 (-0.9%) 0.00 52
    2022-02-01 $225,000 (43.9%) $265,141 (-5.6%) 0.00 45
    2022-03-01 $244,450 (54.2%) $278,534 (8.6%) 0.00 40
    2022-04-01 $269,900 (61.2%) $299,348 (14.0%) 0.00 39
    2022-05-01 $254,950 (41.7%) $309,465 (13.5%) 0.00 45
    Douglas's median listing price for 2022-05-01 was $254,950, a difference of $75,050 (41.7%) versus the prior year and $-14,950 versus the prior month.

    Douglas's median listing price comes in at 0% of the national average.

    Douglas's average listing price for 2022-05-01 was $309,465, a difference of $36,729 (13.5%) versus the prior year and $10,117 versus the prior month.

    For the 2022-05-01 period, Douglas had 45 MLS listings, a difference of 6 listings (15%) versus the prior month and 1 listings (2%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Douglas (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,864 sqft
    2018-02-01 0 days 1,866 sqft
    2018-03-01 0 days 1,812 sqft
    2018-04-01 0 days 1,904 sqft
    2018-05-01 0 days 1,891 sqft
    2018-06-01 0 days 1,887 sqft
    2018-07-01 0 days 1,881 sqft
    2018-08-01 0 days 1,920 sqft
    2018-09-01 0 days 1,908 sqft
    2018-10-01 0 days 1,908 sqft
    2018-11-01 0 days 1,816 sqft
    2018-12-01 0 days 1,832 sqft
    2019-01-01 0 days 1,834 sqft
    2019-02-01 0 days 1,910 sqft
    2019-03-01 0 days 1,921 sqft
    2019-04-01 0 days 1,953 sqft
    2019-05-01 0 days 1,982 sqft
    2019-06-01 0 days 1,963 sqft
    2019-07-01 0 days 1,944 sqft
    2019-08-01 0 days 1,958 sqft
    2019-09-01 0 days 1,983 sqft
    2019-10-01 0 days 1,948 sqft
    2019-11-01 0 days 1,864 sqft
    2019-12-01 0 days 1,850 sqft
    2020-01-01 0 days 1,869 sqft
    2020-02-01 0 days 1,946 sqft
    2020-03-01 0 days 2,000 sqft
    2020-04-01 0 days 1,892 sqft
    2020-05-01 0 days 1,864 sqft
    2020-06-01 0 days 2,031 sqft
    2020-07-01 0 days 2,016 sqft
    2020-08-01 0 days 2,044 sqft
    2020-09-01 0 days 2,044 sqft
    2020-10-01 0 days 1,978 sqft
    2020-11-01 0 days 1,912 sqft
    2020-12-01 0 days 2,065 sqft
    2021-01-01 0 days 2,017 sqft
    2021-02-01 0 days 2,002 sqft
    2021-03-01 0 days 1,892 sqft
    2021-04-01 0 days 1,929 sqft
    2021-05-01 0 days 1,880 sqft
    2021-06-01 0 days 2,354 sqft
    2021-07-01 0 days 2,066 sqft
    2021-08-01 0 days 1,985 sqft
    2021-09-01 0 days 1,982 sqft
    2021-10-01 0 days 2,066 sqft
    2021-11-01 0 days 2,179 sqft
    2021-12-01 0 days 2,096 sqft
    2022-01-01 0 days 2,076 sqft
    2022-02-01 0 days 2,151 sqft
    2022-03-01 0 days 2,151 sqft
    2022-04-01 0 days 2,244 sqft
    2022-05-01 0 days 2,197 sqft
    Douglas's median listing age (time on market) for 2022-05-01 was 0 days.

    Douglas's median square footage for active listings during the 2022-05-01 period was 2,197 sqft. One year prior, the average listing was 1,880 sqft.