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2021 Year In Review Market Update

Pennant Real Estate
Jan 17 1 minutes read

2021 was quite the year! 

Between August 2020 and August 2021, home prices across the United States and Canada rose to record levels, with the U.S. housing market rising to a record of 19.9% and the Canadian housing market rising to a record 21.4%

2022 stands to be another strong year for sellers. If you're thinking about selling your home, being aware of the trends in the market will help you understand the strength of the market. 

Our 2021 Year in Review market update showcases everything you need to know about local real estate trends as we head into the new year. 

Our Team's 2021 In Review

$112,646,643

Total Sales Volume

415

Customers Helped

Our Market 2021 Year in Review

14,770

New Listings

2,475

Active Listings

13,050

Under Contract

12,521

Closed Sales


Homes Sold

98.1%

Sale-to-List Price


 

$220,000

Average Sales Price

2.3

Months of Supply

48

Average Days on Market

Curious about how your home's value changed in 2021?

We will gladly prepare a Comparative Market Analysis for you so that you are armed with the most current information heading into 2022.

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