1 Year Since Quarantine...😷So How is the Market?!

Can you believe it’s been over 1 year since Quarantine began?

So….. how is the real estate market doing now vs. last year​

Homes sales were up 47% compared to last April with 9,105 units sold versus 6,175 a year earlier.

This the biggest 1-month year-over-year sales volume increase of all time and is the market’s 11th consecutive positive month of sales.

Yet still, on a year-to-date basis, home sales are 24.4% ahead of 2020’s record pace

Total dollar volume increased 85.9% to about $4.0 billion!

The single-family average price reached a record high, rising 20.0 percent to $371,854. ​

Low-interest rates inspired consumers to snap up high-end homes in April at a pace never before seen, sending prices to new highs while keeping home inventory at historic lows​

Please reach out if you have questions about this crazy market we are in!