In December 2021, there were 506 new listings, which is an 8.2% decrease from the 551 listed in December 2020, and a decrease of 31.7% from the 741 listed in November 2021.
578 pending sales last month show a 8.5% decrease from the 632 offers accepted in December 2020, and a decrease of 29.9% from the 825 offers accepted the previous month in November 2021.
Closed sale count of 837 this December was an increase of 4.2% from the 803 closings last year in December 2020, and an increase of 3.3% from the 810 closings last month in November 2021.
Inventory slightly decreased to 0.5 months in December 2021. Total market time held steady at 24 days, with the average home sale price of $549,900, and a median home sale price of $490,000.
For more information about what this market update means for you and your plans to buy or sell a home, contact our team today!