February 2021 Market Update
The market continues to climb as we move into February 2021! With inventory still declining and buyer need on the rise, prices have spiked and it’s not uncommon for homes to sell 10% over asking with multiple offers. For our MLS as a whole, January's median sales price for single family was $1,749,000, a $199,000 increase over the previous month. January’s average sale price was $2,846,152 and the average days on market was only 47. Mortgage rates remain at very low but are s