Weekly Housing Market Monitor: January 18-21, 2021

Market Report provided by NAR
pdf

Preliminary data on contracts signed (pending sales) during the past four weeks ended January 17 were down 10% compared to one year ago due to low level of new listings. New listings during the past four weeks ended January 17 were 11% lower compared to one year ago. There are 10 new contracts signed per every 10 new listing, so any new inventory does not sit long on the market.

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