While the weather cooled down in November, the market heated up! Let’s have a look at some of last month’s market stats.
Home Prices
November saw an average all-residential selling price of $385,000. We saw a 1.9% increase from November 2020 to November 2021.
Sales and Inventory
November brought about 1,314 real estate sales, which is a significant 29.6% more than November 2020. The inventory for the month sits at 5,433.
Conclusion
There is a fair increase in both of November’s month-over-month and year-over-year numbers.