RE/MAX National Housing Report January 2021!

 RE/MAX National Housing Report January 2021!

Michael Kozlowski ranked as high as the #1 Individual RE/MAX Agent in the State of Colorado! Check us out: www.team-koz.com

It's a new year, and if you're anything like me, then 2021 started off with a bang! The housing market has also hit the ground running in the new year. Homes are spending less time on the market, the Median Sales Price of a home is up over 9% from last year and Months of Supply Inventory is now less than half of what it was at the end of 2019.

• Average Days on Market of 37, over two weeks less than the 53 days a year ago.

• Median Sales Price of $290,000 – up 9.4% year-over-year.

• Months of Supply of Inventory at 1.8, which was less than half of December 2019's 3.9

You can read the full report here.

All in all 2021 is shaping up nicely for the housing market but things are moving quickly and time is of the essence! So as you consider your options be sure to bring in a professional to make the buy/sell process as simple as possible. As your local Real Estate Agent, I would be happy to walk you through any of this information or discuss your plans to buy or sell a home this year.

Call, Text or Email Anytime! 303-949-2755