2021 Year In Review Market Update
2021 was quite the year!
Between August 2020 and August 2021, home prices across the United States and Canada rose to record levels, with the U.S. housing market rising to a record of 19.9% and the Canadian housing market rising to a record 21.4%.
2022 stands to be another strong year for sellers. If you're thinking about selling your home, being aware of the trends in the market will help you understand the strength of the market.
Our 2021 Year in Review market update showcases everything you need to know about local real estate trends as we head into the new year.
Our Team's 2021 In Review
$91M
Total Sales Volume
75
Homes Sold
94
Customers Helped
Our Market 2021 Year in Review (Montgomery County)
17,805
New Listings
886
EOY Active Listings
1,093
Average Under Contract
15,692
Closed Sales
Homes Sold
100%
Sale-to-List Price
$647,027,900
Average Sales Price
0.7
Months of Supply
23
Average Days on Market
$341
Average Price per Square Foot
Curious about how your home's value changed in 2021?
We will gladly prepare a Comparative Market Analysis for you so that you are armed with the most current information heading into 2022.