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December 18, 2020 By R&R Team

December’s Real Estate Market Update

This is a December to put in our history books, as the normal hustle and bustle of the Holiday Season has been tempered by the Pandemic and decreased our Holiday activities. The Real Estate Market has picked up the slack of activity as Buyers are still very interested in buying as soon as possible with these low interest rates. Every Christmas has a Naughty List, and this year it is our Inventory of Active Listings! We can’t remember a more difficult time to find buyers the right home, as our Inventory has shrunk to 1,755 Single Family Homes, 1660 Townhomes and Condos for a total Inventory of 3,415!  This is a 51% decrease from this time in 2019. The average price increase of all Residential homes is hovering in the 8+% range YTD.  Please let us know if you have any questions about the current real estate market!    *And don’t forget to scroll down to read about the LUXURY MARKET!

 

 

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Jenni Scoggins    Call: 303-246-2759
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