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October 2021 brought 6.34 million in sales, a median sales price of $353,900, and 2.4 months of inventory. The median sales price is up 13.1% year over year, and inventory is down 12% from October 2020.
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.
In October 2021, pending home sales were up 7.5% month-over-month.
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.