Market Report March 24, 2021

February 2021 Market Update

Well, according to the numbers 2021 is off to a great start for our local real estate market.

Here is a quick overview of the stats for February 2021 compared to 2020 at the same time

Sales for February were up +7% over 2020 
Total properties sold in February 2021 were, 137 – 110 Homes & 27 Condos
Median Sales Price for a Home – $1,914,000 +61%
Median Sales Price for a Condo – $865,000 27%
Months of Inventory – 1.40
35% 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.