The average price sold for single-family homes was up significantly year-over-year to $1.06 million. Months of inventory significantly declined to 2.0 months.
The condo & townhouse market is also strong. Due to the high prices of single-family homes, more buyers are opting to buy condos & townhomes. Average Price Sold is up in May 2021 vs year-over-year. Months of inventory was at an all time low.
If you’re thinking of selling and curious about the value of your home in today’s evolving real estate market, contact Rebeca Castellon Group today. We would be happy to provide you with a no pressure home valuation and help you reach your real estate goals!