We're Back With The Monthly Market Update!š”
Overall, there hasn’t been too many crazy changes in the market from last month. We’re officially sitting at the highest level of inventory we’ve had in 2021 but we are still below the national inventory level. The market remains steady across the board and as a team we’ve hit our busiest month of the year!
What’s Going On In The Market:
– 1.8 months of inventory
– 10,159 single family home sales in July 2021
– Total dollar volume went up 11.4%
– 15.3% increase in average sales price
– Still a sellers market however, the clock is ticking upwards with an increase in interest rates!
