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MARKET REPORTS

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December 2021

Median price in October hit an all-time high at $1,529,500
                                 – The increase from 31 days ago, November 2021, is 7%, or $101,500
                                       –
The increase for the past quarter, September 2021, is 17%, or $219,500
                               –
The increase from a year ago, December 2020, is 37%, or $415,735

— Few Houses for Sale – Active inventory dropped to an all-time low of 55 houses for sale on the Eastside. The previous record low, was a month ago (November 2021), of 100 houses for sale.

Future: Buyers should not expect relief anytime soon based on the historic timing of new listings. November to February have the fewest new listings taken in a year based on historical averages.