Market Report May 21, 2021

April 2021 Market Update

The final numbers are in for April 2021 sales, here is a summary of the real estate market.

Although the figures may appear to be extreme, it is important to remember we were at the onset of the pandemic shutdown and a major market shift as a result.

The demand and historically low-interest rates are a considerable driving factor of the market we have been experiencing.

Sales for April were up +132% over 2020 
Total properties sold in April 2021 were, 219 – 154 Homes & 65 Condos
Median Sales Price for a Home – $2,050,000 +71%
Median Sales Price for a Condo – $850,000 +7%
Months of Inventory – 1.05
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.