Existing Home Sales – November 2020

November 2020 brought 6.69 million in sales, a median sales price of $310,800, and 2.3 months of inventory. The median sales price is up 14.6% year over year, and inventory is down 1.4 months from November 2019.

Foot Traffic: November 2020

Home showings on homes with Sentrilock lockboxes increased in November compared to one year ago. Nationally, Sentrilock home showings were up 16% year-over-year. Showings rose in the West and Northeast regions, but declined in the Midwest and South regions. As a measure of the diffusion of the change in showings across about 200 MLS boards, the Sentrilock Showings Diffusion Index declined to 29.4.

Top Ten Markets During and Post COVID-19

The National Association of REALTORS® identified the top 10 markets that have shown resilience during this pandemic period and that are expected to perform well in a post-COVID-19 environment. In identifying these markets, NAR considered a variety of indicators that it views to be influential to a metro area’s recovery and growth prospects in a post-pandemic environment in 2021-2022.

In alphabetical order, the Top 10 markets are:

  • Atlanta-Sandy Springs-Alpharetta, Georgia
  • Boise City, Idaho
  • Charleston-North Charleston, South Carolina
  • Dallas-Fort Worth-Arlington, Texas
  • Des Moines-West Des Moines, Iowa
  • Indianapolis-Carmel-Anderson, Indiana
  • Madison, Wisconsin
  • Phoenix-Mesa-Chandler, Arizona
  • Provo-Orem, Utah
  • Spokane-Spokane Valley, Washington

Existing Home Sales – October 2020

October 2020 brought 6.85 million in sales, a median sales price of $313,000, and 2.5 months of inventory. The median sales price is up 15.5% year over year, and inventory is down 1.4 months from October 2019.

Existing Home Sales – September 2020

September 2020 brought 6.54 million in sales, a median sales price of $311,800, and 2.7 months of inventory. The median sales price is up 14.8% year over year, and inventory is down 1.3 months from September 2019.