Hello,
Happy Holidays! I hope that you and your family are having a wonderful holiday season. The housing market certainly had a joyous season. Home sales were up nearly 20% year-over-year in November, according to the latest RE/MAX National Housing Report. In addition to record sales in November, here are three things that you should know from the latest report.
- The Median Sales Price was up 13.8% from November 2019.
- The number of days a home stays on the market is down to just 36.
- November was the fourth month in a row to set a new record for the fewest listings.
Overall the housing market continues to thrive! Interest rates will remain low, which will create a lot of opportunities for both buyers and sellers. If you’re thinking about a move in 2021, it’s important to start planning now. As your local real estate expert, I’d be happy to help you make your move in 2021. Give me a call!
Have a Happy New Year!!