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December 2021 Market Stats are out!

With December now in the rear view, the 2021 housing report is ready to review! Records have been set! Total units sold was at a record number of over 41,000 units (up 2.5%). Median home price was at a record of $450,000 (up 30.8%). New listings was at a record of over 46,000 (up 5.9%) and average days on market was down to 20 days, 55.6% less than 2020.


“In 2021, the record number of homes sold were demand-driven transactions and that demand was influenced greatly by companies continuing to target the region for job creation and expansion. Even though more homes are being built, listed and sold than ever before, our region is still nowhere close to having a comfortable amount of
supply to meet the demand, which is why home prices continue to rise steadily.” - Mark Sprague, Independence Title Dir. of Information Capital.





As always, if you are thinking of selling or just wondering what your home might be worth, reach out to the team member on the back and schedule a time to get some honest answers about your neighborhood market.

For more information about the market please click here.

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