2020 was a record setting year. Brokers
wrote more contracts on listings,
sending them to the Pending status,
and more homes Closed than any year
on record.
The number of New Listings that hit the
market did not keep pace with demand,
which made inventory a challenge
throughout the year.
Strong demand kept prices high with
Median and Average Closed prices
reaching time highs. Half of all homes
Closed sold $450,000 or more.
Contracts were written on homes quickly in
2020. The median number of days a home
was available for sale in the MLS was 7,
which means half of homes for sale were
off the market in a week or less.
