Single-Family
Homes
Q1 Comparisons
Homes Listed
2020 – 65
2021 – 57
Homes with Price Changes
2020 – 6
2021 – 2
Home Sold
2020 – 41
2021 – 44
What Do These Numbers Mean?
In the first quarter of 2021, there were 8 less homes listed. There were only 2 price changes compared to 6
in 2020. There have been minimal number
of price changes in both 2020 and 2021. More homes sold in 2021.
When we talk about lack of inventory the narrative above
shows it clearly. We have fewer homes
being listed and more homes selling! It
may be safe to say since inventory is so low that price changes almost feel like a thing
of the past.