Market Report February 23, 2021

January 2021 Market Update

Limited inventory and high demand continue to fuel the local real estate market.

Here is a quick overview of the stats for January 2021 compared to 2020 at the same time
January sales were up +22% over 2020
Total properties sold in January 2021 were, 158 – 116 Homes & 42 Condos
Median Sales Price for a Home – $1,699,500 +30%
Median Sales Price for a Condo – $733,000 -1%
Months of Inventory – 1.44
30% of offers were “All Cash Sales”

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Our top priority has been keeping our clients safe and healthy, vigilantly following the very strict showing and safety guidelines that our Governor and the CDC have required.

The numbers included in this report are courtesy of Fidelity National Title. All information provided is deemed reliable but has not been verified and we do not guarantee it.
We recommend that viewers make their own inquiries.