???????????? ???????? ???????????? ???????????? ???????????? ???????????? 2021

Changes in the Real Estate Market and their visibility & effect on the market is ?????? ???????????? ???????????????? to buyers and sellers until weeks or months ?????????? they occur.

Over the summer months we continued to see higher sales , ?????????????? ?????? ???????????? compared to the same months in 2020; as illustrated by the 32% average sale price for this August compared to August 2020.

As we all know, numbers ?????????????? context have little meaning.

As a professional Realtor watching the market closely daily, I am here to explain what is happening in the market that ?????? ?????? ?????? ???? ???????????????? and what this ?????????? for buyers and sellers.

The most ?????????????????????? information is the continued trend towards a more ???????????????????? market as revealed by the ?????????????? percent increases in the month-to-month prices that we have seen since May.

????????????:

Monthly Benchmark percent changes in price continue to remain in the single digit, with the average one month increase of:

? All Single-family Homes 0.7%

? one story homes 0.8%

? two story homes 0.5%

? townhouse condos 3.4%

? apartments condos 6.0%

(Price details in attached chart)

????????????:

*Both the number of new listings (-1.4) and total active listings (-38.5%) down for month 2021

*Months of inventory 0.7, down from 1.1 in August 2020 & 2.0 in August 2019

????????????:

* although # of sales (-4.3%) for August 2021 was down & activity slowed a little for the year-to-date sales activity was up 31.3 %

???????? ???????? ???????? ?????????

At first look, yes, it remains a seller’s market, with high demand and low supply But the ???????? of price increases seems to be ??????????????????????

??????????????

*Still prices remain great for sellers like ever before

*???????????? ???????????????????????????? both for what you will receive for your home and what you can expect to pay to purchase your new home

????????????:

*When making offers, ???????????????????????????? ???? ?????????????? your offer.

??????????????????????:

1. Fall Market

We are entering the fall market which often brings an influx of new activity with kids in school and wanting to sell and get it done before Winter.

2. Federal Fall Election

All parties have made housing a central part of their platforms; in terms of shortage, subsidies, pricing and even, in fact how bids are made on properties

3. Covid Uncertainty

Will there be an effect from in-school learning, will the current wave force some of us to be working at home for a longer term

Have you been waiting to enter the market post-covid?

If so, it appears to be an unpredictable?

One thing we do know is that Covid increased the Real Estate Sales Market in 2020/2021 ???????????? ???????? slowing it down…

Keep in mind, 1000’?? ???? ?????????? ???????????? ?????????????? ?????????????????? during this Pandemic with the ?????????????? ?????? ???? ???????????? ?????????????????? to keep all parties protected.

That is why it's always ?????????????????? to have a REALTOR!

???????????????? ???? ??????????????, ?? ???? ???????? ???? ????????, ???? ???? ???? ???????????????? ?????? ?????????????????? ???? ???????????? ???????? ???????? ??????????????!

Helen Megraw, The Realty Firm

“???????? ?????????? . . . ?????? ???????? … ?????????? ???? ?????? ????????"