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”

Click this link here for the full report

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.

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”

Click this link here for the full report

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.

Market Report April 22, 2021

March 2021 Market Update

The latest numbers are in, here is a summary of the real estate market for March 2021

Sales for March were up +88% over 2020 
Total properties sold in March 2021 were, 240 – 156 Homes & 84 Condos
Median Sales Price for a Home – $2,052,500 +54%
Median Sales Price for a Condo – $827,750 27%
Months of Inventory – 1.18
35% of offers were “All Cash Sales”

Click this link here for the full report

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.

 

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”

Click this link here for the full report

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.

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”

Click this link here for the full report

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.

Market Report January 20, 2021

Market Report for December 2020 & Recap of the year

Happy New Year!

In the final Market Report for 2020, we reflect back on the year and can truly say it has been a year like no other.
We, like everyone, are happy to put this year behind us and have great hopes for the new 2021.

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

Here is a quick overview of the stats for December 2020 compared to 2019 along with some overall results:
December sales were up +31% over 2019 
Total properties sold in December 2020 were, 231 – 143 Homes & 88 Condos
Median Sales Price for a Home – $1,563,000 +23%
Median Sales Price for a Condo – $788,500 +4%
Months of Inventory – 1.61
29% of offers were “All Cash Sales”

Despite the ongoing pandemic, overall home sales were up +9% for the year compared to 2019
The median sales price for a home was up +21% and condos were up +8% over the previous year.

Click this link here for the full report

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.