With three-quarters of the year complete, 2021 is mirroring seasonal norms, unlike 2020, but maintaining strong momentum. September home sales dropped 7.0% from August’s total and the Median Sales Price slipped 1.1% to $329,000 – both far less than the typical...
National Housing Report
August National Housing Report
August home sales dropped 3.5% from July’s total – and the Median Sale Price slipped 1.2% to $335,000 – as seasonal norms signaled that 2021’s busiest homebuying and selling months are probably behind us. Despite these drops, August still almost broke records for home...
July National Housing Report
July inventory uncharacteristically climbed 4.0% from June, marking the first two consecutive months of month-over-month inventory gains since April and May 2019. At the same time, July's 1.3 Months of Inventory set a new report low for the month. July home sales were...
June National Housing Report
June created the perfect trifecta for a hot housing market: June home sales and prices both set report records, while inventory grew for the first time in 15 months. The month of June, typically the biggest month of the year for home sales, saw sales soar 14.2% over a...
May National Housing Report
The typical May ramp-up in home sales didn't happen last month, as sales dipped 0.2% from April and home prices were uncharacteristically flat in the report's 53 metro areas. Also defying seasonal trends was a 7.1% drop in listed homes at a time of year when active...
April National Housing Report
On average, April home sales took just 32 days from listing to going under contract, while the Median Sales Price rose to $320,000 – both new records in the 13-year history of the report. These stats, and other key indicators, including a report record April for...
March National Housing Report
March home sales jumped by one-third over February's total as demand from hordes of eager homebuyers pushed the Median Sales Price above $300,000 for the first time in the 13-year history of the report. Meanwhile, the pace of sales accelerated – to the fastest rate on...
February National Housing Report
The median home price reached $291,000 in February – the highest in the 13-year history of the report – while sales set a new high for the month and inventory continued to drop to record lows. The record February home sales were up 5.7% year over year, but the...
January National Housing Report
Despite record low inventory, January home sales posted a 13.5% increase over a year ago. That followed four consecutive months of year-over-year sales increases of 19% to 22% on the heels of pandemic lockdowns. January's year-over-year increase in homes sold...
December National Housing Report
Strong December Home Sales, Big Second Half of 2020 Set the Stage for Potentially Historic 2021 December home sales increased 6.2% over November and 21.9% year-over-year, capping a record-breaking second half of 2020 that set new overall monthly benchmarks for most...
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