Market Report June 25, 2021

May 2021 Market Update

May 2021 sales figures are now available, here is a summary of the local real estate market.

Property sales for May were up + 145% over 2020 
Total properties sold in May 2021 were, 208 – 159 Homes & 49 Condos
Median Sales Price for a Home – $2,280,000 +95%
Median Sales Price for a Condo – $825,000 +2%
Months of Inventory – 1.20
39% 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.