Pending sales were up +3.5% in Q1-2021 (compared to Q1-2020). The average sales price increased +15.0%, a very healthy climb. However, months supply of inventory is way down again, a whopping -58.3%. This stat changed more than any other. There is only a 1.0 month supply of inventory, which is extremely low, and indicates a very strong sellers market.
All data from Triad MLS. Report © 2021 ShowingTime.