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2020 Market Reports

Changes to the market year over year: 

  • New Listings decreased 15.0 percent for Single Family homes but increased 27.3 percent for townhouse-Condo properties.
  • Pending sales increased 24.6 percent for Single Family homes and increased 53.6 percent for townhouse-Condo properties.
  • Inventory decreased 44.2 percent for Single Family homes and 40.1 percent for townhouse-condo properties.
  • The median sales price was up 10.6 percent to $350,000 for Single Family homes and increased 4.7 percent to $269,725 for townhouse-condo properties.
  • Closed sales decreased 2.7 percent for Single Family properties and increased 38.0 percent for townhouse-condo properties.
  • Average days on market increased 12 percent or to 56 days for Single Family homes and decreased 35.6 percent or 29 days for the townhouse-condo market.
  • Month’s supply of inventory decreased 46.8 percent for Single Family units and decreased 48.1 percent for townhouse-condo units.

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