Greetings!
June Residential Highlights:
New listings (231) increased 19.7% from the 193 listed in June 2020, and increased 10.0% from the 210 listed in May 2021. Pending sales (201) decreased 3.4% from the 208 offers accepted in June 2020, and increased 7.5% from the 187 offers accepted in May 2021. Closed sales (171) decreased 5.0% from the 180 closings in June 2020, and increased 18.8% from the 144 closings in May 2021.
Inventory and Time on Market:
Inventory held steady at 1.2 months in June. Total market time increased to 36 days.
Year to Date Summary:
Comparing the first six months of 2021 to the same period in 2020, new listings (1,146) increased 7.6%, pending sales (967) increased 4.0%, and closed sales (813) increased 2.9%.
Average and Median Sales Prices:
Comparing 2021 to 2020 through June, the average sale price has increased 24.7% from $244,100 to $304,300. In the same comparison, the median sale price has increased 20.1% from $229,000 to $275,000.
In the link below, you will find the latest market statistics for home sales in your neighborhood!
As always, you can find additional information on our website and we would love to connect with you on Facebook!
CLICK HERE TO VIEW THE REPORT!
*Inventory in Months is calculated by dividing the Active Residential Listings at the end of the month in question by the number of closed sales for that month. This number includes proposed and under construction homes.