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January 2021 Quick Facts
February 16, 2021

Data Update from our Triangle Multiple Listing Service:  "The new year has begun, and with it comes many people who have made buying or selling a home part of their 2021 resolutions. While ongoing unemployment claims remain elevated due to COVID-19, they are substantially lower than what they were during their peak and have had little effect on buyer demand thus far. For the 12-month period spanning February 2020 through January 2021, Under Contract Sales in Triangle area were up 13.0 percent overall. The price range with the largest gain in sales was the $309,000 or More range, where they increased 25.0 percent. The overall Median Sales Price was up 5.8 percent to $295,090. The property type with the largest price gain was the Single Family Homes segment, where prices increased 7.1 percent to $315,000. The price range that tended to sell the quickest was the $137,000 to $198,999 range at 18 days; the price range that tended to sell the slowest was the $136,999 or Less range at 36 days. Market-wide, inventory levels were down 60.0 percent. The property type that lost the least inventory was the Townhouse-Condo segment, where it decreased 49.0 percent. That amounts to 0.7 months supply for Single Family homes and 0.8 months supply for Townhouse-Condo."


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