In January, sales volume blew through the roof compared to last year. With strong buyer demand and lower inventory, we anticipate brisk activity during the first quarter of 2021.
In January 2021, average sales prices were $368,589 compared to $353,227 last year or 4% UP. Prices have strengthened since March 2020 and we anticipate that they will remain higher, heading into 2021. Despite the effects of Covid 19, sales prices beat the previous year’s values in August, October and November and January 2021.
Days on Market
Buyers have been snapping up homes very quickly. Average days on market in January was only 64 days, compared to 78 days in 2020 and 77 days in 2019.
Last year there were around…