It’s time for a new housing market update.
Trends are similar when compared to all of 2020. The median sales price and the average sales price are mostly trending up. At the same time, the housing inventory and the months supply are trending down.
So, what does this mean for you?
If you’re a buyer, make sure you understand it’s a very competitive market – meaning there’s limited supply and another home may not be out there. If you’re a seller, price your home competitively to attract more buyers and hopefully more offers as a result.
Thank you for reading!