I’m tracking data for many local markets around the U.S. I think it is especially important to watch inventory this year.
Closed sales (attached and detached) in July 2021 were 1,443, down 10.6% from 1,614 in July 2020.
Active Listings in July 2021 were 1,062, down 40.1% from 1,772 in July 2020.
Months of Supply (detached) was 0.8 Months in July 2021, compared to 1.5 Months in July 2020.
Inventory in July was down 4.5% from the previous month, and up 13.6% from the record low in March 2021.