July 2021: The Real Estate Market

Posted on Monday, August 16th, 2021 at 8:28am.

2021 has brought us an unusual and difficult real estate market for buyers and has rewarded investors and sellers handsomely. The demand for homes has never been higher. Comparing the stats from 2020 to 2021 can be tricky, but we do know:

  • The number of properties available for sale is down significantly compared to last year.
  • The demand for homes is up from last year.
  • There are double-digit-plus gains in the average sale price in almost every market year over year.
  • Homes are selling faster, and offers are much stronger than last year.

Moving in a fast-paced market comes with a unique set of challenges and rewards. It's more important than ever to have a trusted advisor who understands your situation and goals. Contact your Redline REALTOR® today.

 

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