A 53% decrease in listings compared to Q2 – 2020 continues the trend of homeowners sitting on their properties for longer, which means less overall inventory. The most significant change of note is the increase in new listings compared to last year. This quarter is traditionally the busiest in a standard calendar year, but last year’s Q2 was faced with COVID uncertainties and restrictions on showing homes. This quarter shows less restrictions and more optimism, and as a result, more new listings!
Do any of these numbers surprise you? How does your market compare?
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