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.