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December 2021 brought 6.18 million in sales, a median sales price of $358,000, and 1.8 months of inventory. The median sales price is up 15.8% year-over-year, and inventory was down 0.1 months from December 2020.
In November 2021, pending home sales were down 2.2% month-over-month.
Student loan debt holders say their debt has impacted their decision or their ability to delay moving out of family member's home after college, purchasing a home, or accumulating emergency savings of $500.
Metro Areas With the Largest Percentage Increase in Median Existing Single-Family Home Sale Prices in Q1 2021
Topping the list of places in the U.S. with the highest price gains were metropolitan statistical areas in New York, Connecticut, New Jersey, Massachusetts, Idaho, Texas, Ohio, Pennsylvania, and Illinois.
Home showings on homes with Sentrilock lockboxes increased in March compared to one year ago, up 45% year-over-year.