Thursday, January 20, 2022 / by Suzanne McGuire
Here are some important numbers:
· In 2021, Real Estate showed a 49 percent increase in sales over the prior year despite inventory challenges.
· There was a 30 percent increase in units sold
· There was a 21.5 percent increase in the median sales price.
· The luxury market (listings greater than $2 million) ended the year with a 77 percent increase in sales vs. 2020
While we don’t have a crystal ball, after reviewing the Q4 numbers it’s clear the window for steady median price increases seen in 2021 may not necessarily be the case for 2; ...