Average Sales Price Up Almost 40% Over 2019
Just the facts, in my opinion
Take a look at the trends below. We are starting to see the way the year will end up and it was huge. Average sales price up almost 40% over 2019 and median price up 17%. Not sure if that is sustainable. But I have spoken to lenders and they think that rates will remain low for at least the next two years. Hopefully, the coming spring brings an end to the pandemic and a large amount of listings to help slow the rising prices.
- Thomas D.