JUNE 2021 New Listings:
We start by looking at the NEW LISTINGS that came on the market in JUNE and we begin with 2019, where we see there were 549 NEW LISTINGS that came on the market. In JUNE of 2020, we find we decreased by -16.0 percent with 461 NEW LISTINGS. This year in JUNE of 2021, we increased by +8.9 percent with 502 NEW LISTINGS. So we aren't to pre-pandemic levels, but we are moving in the right direction!
JUNE 2021 Homes for Sale:
We again, start by looking at JUNE of 2019, where we see there were 1000 HOMES FOR SALE. In JUNE of 2020, we find a decrease of -39.0 percent with 610 HOMES FOR SALE. This year in JUNE of 2021, we decreased significantly by -60.7 percent with only 240 HOMES FOR SALE.
JUNE 2021 Pending Sales:
Let's view JUNE of 2019, where we see there were 473 PENDING SALES. In JUNE of 2020, we decreased slightly by -1.1 percent with 468 PENDING SALES. This year in JUNE, we decreased by -1.7 percent with 460 PENDING SALES.
JUNE 2021 Median Days on Market:
Let's view JUNE of 2019, where we see there were 13 MEDIAN DAYS ON MARKET. In JUNE of 2020, we increased from the previous year by +7.7 percent with 14 Median Days on Market. This year in JUNE, we decreased by -78.6 percent to only 3 Median Days on Market. 3 MEDIAN DAYS!!!
JUNE 2021 Months Supply of Homes for Sale:
In JUNE of 2019, the MONTHS SUPPLY OF HOMES FOR SALE was 2.7. In JUNE of 2020, we decreased by -40.7 percent with a 1.6 MONTHS SUPPLY OF HOMES FOR SALE. This year in JUNE, we decreased by -62.5 percent with only 0.6 MONTHS SUPPLY OF HOMES FOR SALE!
So there is your comprehensive LOCAL look at the real estate market. If you are considering a sale of your home then now might be a perfect time as the competition is still be pretty low as we mentioned the inventory of homes is down by -60.7 percent from 2020 and the number of days on market is down by -78,6 percent to only 3 days! If you are interested in buying a home then let us help you get a competitive advantage. Please reach out to the Linda Hall Team. We'd love to assist you!!