Average Sales price increased from $391,717 to $426,537
An 8.8% increase for the year.
Average Days on the Market went down from 15 to 13.
The number of sales went up from 98 to 99.
68 of the 99 sales had multiple offers!!!
The 2020 highest priced sale was for $532,000.
Of the 99 buyers: 77 used Conventional financing, 10 FHA, 6 All Cash, 4 VA and 2 other.
To start 2021 we are in a “price sensitive sellers market.” Low inventory, high buyer demand and low interest rates are driving prices up and giving the advantage to sellers.