Weekly Market Snapshot Residential Real Estate
January 18, 2021
*PLN listings are not publicly marketed. 10 /1 2
10 /5
9/ 28
9/ 21
9/ 14
9/ 7
10 /1 210 /1 9 10 /1 910 /2 6 10 /2 611 /2 11 /2 -1 1/ 9 11 /9 -1 1/ 16 11 /1 611 /2 3 11 /2 311 /3 0 11 /3 012 /7 12 /7 -1 2/ 14 12 /1 412 /2 1 12 /2 112 /2 8 12 /2 81/ 4 1/ 41/ 11 1/ 11 -1 /1 8
10 /5 -
9/ 28 -
9/ 21 -
9/ 14 -
9/ 7-
8/ 31 -
Previous Year Closed Current Year Closed
2,005
1,804
1,739
1,635
2,173
1,605
1,828
1,483
2,964
2,814
2,532
2,376
3,481
2,458
1,763
1,822
3,126
2,529
2,753
2,372
2,679
2,181
3,757
3,133
2,929
2,519
2,998
2,312
2,582
2,245
4,127
2,956
3,093
2,903
3,444
2,705
2,215
2,503
3,499
2,051
2,579
3,809
3,289
2,723
0 8/ 31
8/ 24
Closed Listings
8/ 24 -
8/ 17 -
Residential | Closed Listings 2019 vs 2020 | All residential property types (excludes the *Private Listing Network)
5K
4K
3K
2K
1K
Residential | Listings Under Contract 2019 vs 2020 | All residential property types in a contingent, pending or closed status with a contract date in the seven day range. 6K
4K
3,399
2,476
2,574
2,157
1,862
1,423
1,870
1,233
2,775
1,932
2,890
2,120
2,801
1,886
2,330
1,176
3,182
2,309
3,664
2,401
3,203
2,458
3,375
2,475
3,893
2,467
3,397
2,481
3,813
2,687
3,898
2,670
4,190
2,683
9/ 28 -1 0/ 10 5 /5 -1 0/ 10 12 /1 210 /1 10 9 /1 910 /2 10 6 /2 611 /2 11 /2 -1 1/ 11 9 /9 -1 1/ 11 16 /1 611 /2 11 3 /2 311 /3 11 0 /3 012 /7 12 /7 -1 2/ 12 14 /1 412 /2 12 1 /2 112 /2 8 12 /2 81/ 4 1/ 41/ 11 1/ 11 -1 /1 8
9/ 28
4,301
2,750
9/ 21 -
9/ 14 -
9/ 21
3,724
2,834
9/ 7-
9/ 14
4,173
2,421
8/ 31 -
9/ 7
4,691
3,408
8/ 31
4,809
8/ 24 -
8/ 24
0
2,812
2K
8/ 17 -
Under Contract
Previous Year Under Contract
Current Year Under Contract
All residential property types in a contingent, pending or closed status with a contract date in the seven day range. Note: Properties that are marked contingent (CTG) can fall through for a variety of reasons. Not every CTG sale will become a closed sale.
Previous Year New Listings Added Current Year New Listings Added
Includes all property statuses in the seven day range (includes: all active and off market statuses ). *PLN listings are not publicly marketed. 5,223
5,564
5,390
6,063
2,846
3,356
1,959
1,887
3,679
3,234
4,238
3,921
5,018
4,731
2,925
2,837
4,933
4,685
5,890
4,869
5,656
5,706
5,611
5,790
6,247
6,140
6,897
6,387
7,196
6,882
7,333
6,985
7,411
6,717
7,920
7,306
7,177
7,922
9K
7,333
7,732
7,524
6,680
8,156
7,042
0
8/ 31 8/ 31 -9 /7 9/ 79/ 14 9/ 14 -9 /2 1 9/ 21 -9 /2 8 9/ 28 -1 0/ 10 5 /5 -1 0/ 10 12 /1 210 10 /1 9 /1 910 /2 10 6 /2 611 /2 11 /2 -1 1/ 11 9 /9 -1 1/ 11 16 /1 611 11 /2 3 /2 311 /3 11 0 /3 012 12 /7 /7 -1 2/ 12 14 /1 412 12 /2 1 /2 112 /2 8 12 /2 81/ 4 1/ 41/ 11 1/ 11 -1 /1 8
8/ 24 -
8/ 24
New Listings
8/ 17 -
Residential | New Listings 2019 vs 2020 | All residential property types (excludes the *Private Listing Network)
8K
7K
6K
5K
4K
3K
2K
1K
Residential | Rented Listings 2019 vs 2020 | All residential property types (excludes the *Private Listing Network) 1,400 1,200 1,000 800 Rented Listings
600 400 200
10 /5 -
10 /1 10 2 /1 210 /1 10 9 /1 910 /2 10 6 /2 611 /2 11 /2 -1 1/ 11 9 /9 -1 1/ 11 16 /1 611 /2 11 3 /2 311 /3 11 0 /3 012 /7 12 /7 -1 2/ 12 14 /1 412 /2 12 1 /2 112 /2 8 12 /2 81/ 4 1/ 41/ 11 1/ 11 -1 /1 8
10 /5
9/ 28 -
9/ 28
9/ 21 -
9/ 21
9/ 14 -
9/ 14
9/ 7-
9/ 7
8/ 31 -
8/ 31
8/ 24 -
8/ 17 -
8/ 24
0
Previous Year Rented
*PLN listings are not publicly marketed.
Current Year Rented
Residential | Active and Temporary 2020 | All residential property types (excludes the *Private Listing Network )
8/24/2020
72,526
2,624
8/31/2020
72,485
2,593
9/7/2020
72,073
9/14/2020
72,822
9/21/2020
73,411
2,382
9/28/2020
73,205
2,362
2,463 2,446
Active and
10/5/2020
71,716
10/12/2020
72,266 72,031
Temporary
10/19/2020 10/26/2020
71,264
11/2/2020
69,000
11/9/2020
68,356
11/16/2020
66,957
11/23/2020
65,318
11/30/2020
63,945
12/7/2020
61,350
12/14/2020
59,433
12/21/2020
57,340
12/28/2020
55,124
1/4/2021
51,934
1/11/2021
52,453
2,184
1/18/2021
52,505
2,188
0
2,236 2,264 2,243 2,257 2,252 2,245 2,265 2,328 2,386 2,380 2,429 2,482 2,597 2,257
5K
10K
15K
20K
25K
30K
Total Active
35K
40K
45K
Temporary (total number reported on Monday)
50K
55K
60K
65K
*PLN listings are not publicly marketed. Temporary status includes properties in a listing agreement; however no showings allowed.
70K
75K
Residential | Open Houses 2020 | All residential property types (excludes the *Private Listing Network and Temporary )
4,500 4,000 3,500 3,000 2,500 2,000 1,500 1,000 500
18 1/
/1 1/
11
/2
1-
-1 21 4/
1/
/2
21 1/
/2 /4 -1
2,408
1
2,243
1
0 20 8/ /2 12
20 1/ /2
12
884
/2 28 2/
-1
2/ -1 20
4/ /1 12
485
0 /2 21
4/ /1 12
0/2 /7
12
1,678
20
20
2,213
7/ -1
20 0/ /3
11
20 3/ /2
11
2/
30 1/
-1
1/ -1 20
6/ /1
2,536
/2
0 /2 23
6/ /1 11 11
1,190
0
2,389
20
0 11
/9
/2
0-
0/2 /2
11
3,251
/2 /9 11
1/ -1 20
6/ /2 10
3,493
20 2/
/2 26 0/
-1 20 9/
/1
2,926
0
0
3,586
/2 19 0/
-1 10
10
/1
2/
20
0/2 /5
10
3,665
20 /1
10
10 0-
/2 28
2/
/2 /5
/2 28 9/ 9/
4,164
0
3,796
0
0 0/2 21 9/
/2 14 9/
3,809
/2 21 9/
/1 -9 20
7/ 9/
/2 31 8/
3,939
20 4/
7/ 9/
31 8/ 0-
/2 24 8/
3,687
20
0 /2
/2 24 8/ 0/2 17
2,541
0-
3,702
0
3,607
0-
0
8/
Open Houses
Open Houses
*PLN listings are not publicly marketed. Temporary status includes properties in a listing agreement; however no showings allowed. Open houses must be virtual during the "stay at home" order
Impact of COVID-19 to Real Estate Showings in MRED MLS Weekly showings normalized to the rst calendar week of January, 7-day moving average. Data through January 18, 2021
2019 Weekly Average
2020 Weekly Average
2021 Weekly Average
+100%
Change from First Week of the Year
+75% +50% +25% 0% -25% -50% -75%
Jan 24
Feb 24
Mar 27
Apr 27
May 28
Jun 28
Jul 29
Aug 29
Sep 29
Oct 30
Nov 30
Dec 31
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Scroll down to see dates
9/ 28
9/ 21
9/ 14
9/ 7
10 /5 10 /5 -1 0/ 12 10 /1 210 /1 10 9 /1 910 /2 10 6 /2 611 /2 11 /2 -1 1/ 11 9 /9 -1 1/ 11 16 /1 611 /2 11 3 /2 311 /3 11 0 /3 012 /7 12 /7 -1 2/ 12 14 /1 412 /2 12 1 /2 112 /2 8 12 /2 81/ 4 1/ 41/ 11 1/ 11 -1 /1 8
9/ 28 -
9/ 21 -
9/ 14 -
9/ 7-
8/ 31 -
8/ 31
0
Previous Year Median Sold Price Current Year Median Sold Price Previous Year Average Sold Price Current Year Average Sold Price
$260,000
$217,000
$260,000
$219,950
$238,000
$210,000
$240,000
$200,000
$258,000
$225,000
$255,000
$222,000
$268,000
$235,000
$242,500
$210,500
$254,700
$227,000
$252,500
$229,000
$255,000
$220,950
$264,000
$220,000
$255,000
$227,000
$260,000
$228,250
$253,000
$221,500
$259,450
$227,500
$257,000
$220,000
$268,000
$220,000
$260,000
$225,000
$260,000
$233,750
$260,000
$231,250
$262,000
$235,000
50K
8/ 24 -
8/ 24
Sold Price
8/ 17 -
Residential | Sold Price 2019 vs 2020 | All residential property types (excludes Rental)
350K
300K
250K
200K
Average Sold Price 150K vs 100K Median
9/ 28
9/ 21
9/ 14
9/ 7
9/ 28 -1 0/ 10 5 /5 -1 0/ 12 10 /1 210 /1 10 9 /1 910 /2 10 6 /2 611 /2 11 /2 -1 1/ 11 9 /9 -1 1/ 11 16 /1 611 /2 11 3 /2 311 /3 11 0 /3 012 /7 12 /7 -1 2/ 12 14 /1 412 /2 12 1 /2 112 /2 8 12 /2 81/ 4 1/ 41/ 11 1/ 11 -1 /1 8
9/ 21 -
9/ 14 -
9/ 7-
8/ 31 -
8/ 31
Previous Year Median Rented Price Current Year Median Rented Price Previous Year Average Rented Price Current Year Average Rented Price
$1,550
$1,650
$1,553
$1,637
$1,547
$1,625
$1,476
$1,650
$1,595
$1,700
$1,500
$1,700
$1,575
$1,600
$1,597
$1,600
$1,550
$1,657
$1,465
$1,680
$1,550
$1,550
$1,350
$1,570
$1,600
$1,675
$1,550
$1,700
$1,650
$1,700
$1,625
$1,662
$1,725
$1,696
$1,700
$1,700
$1,695
$1,730
$1,700
$1,737
$1,700
$1,400
$1,695
$1,497
0
8/ 24 -
8/ 24
Average Rental Price vs
8/ 17 -
Residential | Rented Price 2019 vs 2020 | All residential Rental
3,000
2,000
Median 1,000 Rental Price