Active Inventory and Sales - December 2021
“While demand was at an all-time high, the number of new listings that hit the market throughout the year was down 5.26 percent”
Active Inventory and Sales - November 2021
“At the beginning of the year, offers six figures over asking price were common. That need subsided by the end of June and has been less common ever since. ”
Active Inventory and Sales - October 2021
“While properties are still closing above asking at 101.82 percent of the list price, realities have caught up with expectations. Buyers can be grateful that the extreme bidding wars are less common.”
Active Inventory and Sales - September 2021
“September felt back to the normal red-hot speed in today’s housing market.”
Active Inventory and Sales - August 2021
“Buyers are more willing to be patient in order to find the right house for the “right” price. The report saw this reflected in the days in MLS, which increased from nine to 11 in August 2021.”
Active Inventory and Sales - July 2021
“While still in a robust seller's market, the July 2021 report indicates that as we head into fall, buyers will start to have more time to review properties and less competition on the number of offers overall.”
Active Inventory and Sales - June 2021
“For the first time in what feels like a long time, buyers have to compete with less competition, and therefore, the extreme bidding wars are drastically decreasing”
Active Inventory and Sales - May 2021
“Listings continue to slowly hit the market, while buyers continue to gobble up properties as soon as they do.”
Active Inventory and Sales - April 2021
“This April, the attached market saw a month-over-month appreciation of 7.30 percent, while the detached market saw an increase of 4.28 percent”
Active Inventory and Sales - March 2021
“how much competition there is for buyers as well as how far they are willing to take their offers to secure a home...Year-over-year appreciation is at 15.26 percent from $511,511 to $589,587 this March”
Active Inventory and Sales - February 2021
“underlying theme of this market is speed: speed at which buyers are purchasing relative to the number of sellers listing, and the speed at which active properties are going under contract while prices are accelerating. ”
Active Inventory and Sales - January 2021
“Single-family detached properties hit a record average price of $629,159...Single-family home sellers saw a 101.03 percent close-to-list-price in January and a drop to five days in the MLS”