Market Update 2021
Inventory levels are now rising in most markets, but about half of what they were a year ago. Increasing numbers of monthly new listings are fueling additional new pendings and closed sales.
Despite depleted inventories, YTD sales are far ahead of last year and a little ahead of 2019. In recent months, values have been rising sharply in most markets and price ranges as buyers compete for the best new listings. Look for the distinct rise in recent months for the price per square foot line in the charts at the top of the market pages.
For Sellers, this is one of the best times in recent history to put your home on the market. If you or a friend would like to know the value because you might sell reach out to me directly. For Buyers, rates are low but so is inventory. If you are a buyer or know someone that is looking to buy please have them reach out to me directly to discuss plans.
Enjoy your weekend!
Published on 2021-06-04 12:35:48