675 residential closed sales on less than one acre, including condominiums, were reported for December 2021. Compared to December 2020 sales were down 52 sales or 7.2%, 675 v. 727. The average closed sales price for December was $417,357 up 23.5% from last December closed sales price of $337,961. The median closed sales price for December was $390,000 up 23.8% from December last year, $390,000 v. $315,000.
The year end residential closed sales are up less than one percent from 2020, 8,238 v. 8,191. The 2021 average closed sales price was $400,612 up 24.7% from the average closed sales price for 2020 of $321,311. The 2021 median closed sales price was $370,000 up 23.3% from 2020 median closed sales price of $300,000.
Inventory continues to be at record lows. As of this report, our inventory of single family homes/condos on the market totaled 224, down from one year ago when inventory was 236 properties. New construction closed sales reported to the Association for 2021 totaled 999 down 93 properties or 8.5% from 2020.
Active |
New |
Expired |
Pending |
Closed |
Average |
Median |
Total |
New Home | ||
Jan 21 | 164 | 511 | 38 | 463 | 447 | $347,475 | $315,000 | $155,321,284 | 59 | |
Feb 21 | 133 | 551 | 12 | 489 | 439 | $353,949 | $325,000 | $155,383,706 | 101 | |
Mar 21 | 209 | 768 | 17 | 649 | 572 | $371,874 | $341,750 | $212,711,657 | 94 | |
Apr 21 | 188 | 781 | 21 | 633 | 612 | $392,566 | $365,500 | $240,250,653 | 65 | |
May 21 | 224 | 829 | 17 | 753 | 686 | $407,343 | $375,500 | $279,437,274 | 88 | |
Jun 21 | 284 | 961 | 18 | 865 | 750 | $418,982 | $380,000 | $314,236,400 | 74 | |
Jul 21 | 374 | 961 | 18 | 777 | 807 | $417,136 | $395,000 | $336,628,415 | 80 | |
Aug 21 | 479 | 916 | 30 | 864 | 734 | $424,454 | $389,728 | $311,549,411 | 74 | |
Sep 21 | 617 | 976 | 69 | 763 | 803 | $413,863 | $380,000 | $332,331,779 | 87 | |
Oct 21 | 539 | 792 | 69 | 778 | 697 | $405,189 | $375,000 | $282,416,474 | 77 | |
Novt 21 | 397 | 550 | 57 | 643 | 677 | $397,092 | $375,000 | $268,831,004 | 54 | |
Dec 21 | 224 | 395 | 86 | 457 | 675 | $417,357 | $390,500 | $281,715,810 | 91 | |
Dec 20 | 236 | 462 | 82 | 481 | 727 | $337,961 | $315,967 | $245,967,446 | 90 | |
YTD 21 | N/A | 9,016 | 465 | 7,425 | 8,238 | $400,612 | $370,000 | $3,300,247,454 | 999 | |
YTD 20 | N/A | 9,487 | 825 | 7,633 | 8,191 | $321,311 | $300,000 | $2,631,863,697 | 1092 |