January's Report is Looking Fresh!

Fresh Report:

 

 

We only had 9,596 listings entered in the MLS in the month of January versus 11,042 listings entered last January.

Our total standing inventory is down a staggering 41.5% to 14,244 active listings versus the 24,357 properties that were actively listed citywide in January 2020.

List prices are up almost 11% from a year ago with the average home being priced at $333,941 versus just over 300K a year ago.

What this means is that all the indicators of an increasing market are persisting into 2021. Economists have indicated a potential rise in housing prices this year at 7-9%. With mortgage rates remaining super low and inventory at this level...this is looking very possible.

If you've got a desire to sell a house this year...please reach out to us and we can discuss your goals and make a plan together.

 

Want to know more about how our team works?

Click HERE for our seller info package.
Click HERE to see our current listings.

 

Thought of the day:

Move fast. A sense of urgency is the ONE thing you an develop that will separate you from everyone else. When you get a good idea, do it now.

-Brian Tracy