01/06/2021
December 2020 market update-
Detached homes:
We seen 1560 listings and 717 were sold in Dec 2020 which gives us an absorption rate of 45.96%. We are still in a balanced market and even leaning towards a sellers market!
Benchmark price was $490,500 down 0.30% from Nov 2020 however it was up 2.17% compared to Dec 2019.
Average days on market was 53, 6% slower than Nov 2020 and again up year over by 17.19% compared to Dec 2019.
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