Prices are still on the rise from last year, but there’s good news for buyers too.
Single family home prices rose from an average of $308,798 in August of 2020 to $371,315 for August of 2021. That’s an increase of 20.25%. That’s great news for those looking to sell their home, but buyers have reason to get excited too.
Home supply is up almost 20% from the same time last year. More homes on the market gives buyers more options. For buyers looking for new construction, lumber prices have come down in the past few months which seems to have leveled off the price on new builds.
Whether you are looking to buy or sell, our agents are ready to help.