Buyer Activity Surges Amidst Inventory Shortage

Posted by Leslie Kopp & Christi Arndt on Friday, May 7th, 2021 at 12:28pm

Last month, we communicated to you that the real estate market remained exceptionally strong for Sellers with escalating prices and minimal competition.  We are into May and this trend has now continued for 12 straight months!

Sales-to-date, are up 43% compared to 2020 (149 vs. 104).  It is important to remember that at this time last year, strict stay-at-home orders were just beginning to lift and we were adjusting to the way we would live and work through a pandemic. 

The chart provided compares the 2021 market to a more “normal” 2019 which we hope puts the current real estate environment into appropriate perspective.  All key market statistics are moving in an extremely positive direction.  We would love to help you maximize your results!  Please give us a call if you are considering a sale or looking to purchase.

 

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