A look back on the year
In our areas, the average sales price increased by $11,000 in 2020, compared to only a $5,000 increase in 2019. There were 368 more properties sold in 2020 than in 2019 (3,487 in 2019 versus 3,855 last year).
The average days on market remained steady at 64 days, in comparison to 62 days in 2019.
Despite the challenges that 2020 brought all of us, the local real estate market was very strong! We are hopeful it will continue into this years as mortgage interest rates remain very low.