Monday Market Update: Data Drop (National Sales Stats & Foot Traffic Trends)

Sometimes numbers speak louder than words; hear what these stats are saying in our new blog!

Happy May! The real estate market continues to be a dynamic and driving economic force. And this week we wanted to share some recently released data from the National Association of Realtors (NAR)®. We believe this data provides a helpful glimpse of where the market is at as a whole and serves as a reminder that housing demand and home price appreciation is not just a ‘Bay Area bubble thing’ but a national embrace of the desirability of home.

For those seeking some local market data – we have included a San Mateo County snapshot as well, and we encourage you to reach out to us directly for specific information related to the Silicon Valley micro markets!

NATIONAL HOUSING DATA (Released April 22, 2021)

- 2.1 Months of Inventory (-36% Year-Over-Year)

- Median Sales Price: $329,000 (+17.2% Year-Over-Year)

- 6.01 Million Sales (+12.3% Year-Over-Year)

- Home Showing +45% Year-Over-Year

- West Region Home Showings Up 99% Year-Over-Year

San Mateo County Snapshot

All my best,

Bobbi Decker
DRE#00607999

Broker Associate
650.346.5352 cell
650.577.3127 efax
www.bobbidecker.com
NAR Instructor….“Designations Create Distinctions”
CIPS, SRS, ABR, CRS, SRES, GRI, CLHMS, REI, AHWD, RSPS, MSLG

Bobbi Decker & Associates fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. For more information, please visit: http://portal.hud.gov/