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.