May Housing Numbers Are Off The Charts... BUT...

May Housing Numbers Are Off The Charts... BUT...

May 2021 housing numbers are off the charts.

Average Sale price is up 20% year over year.

Days on market is down 42% and the list goes on..

Here's the thing - May numbers are wild and do show the largest variation year over year in almost every category..... But this has to be taken with a grain of salt because May numbers from last year reflect data from when we were shut down due to Covid-19.??

You see most of the sales that closed in May last year went under contract in March/April.?Real estate was not shut down in March/April but there was definitely a lot less demand and that was reflected on the sale price of homes that closed in May.

View my full market report here --> https://myemail.constantcontact.com/Twin-Cities-Market-Report-July-1st-2021.html?soid=1133975592855&aid=BYhMHEjqeAc



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