First Look At July 2021 Home Sales

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July home sales slowed as prices climbed.

First look at the single-family home sales through the end of July 2021:

July Property sales were 2,046, down -19.0% from 2,526 in July of 2020 and -19.2% lower than the 2,531 sales last month. July 2021 sales were at their lowest level compared to July of 2020 and 2019. July YTD sales of 13,340 are running 6.3% ahead of last year’s year-to-date sales of 12,553.

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According to the National Association of Realtors® the numbers through June.  (Always a month behind)

June 2021 brought 5.86 million in sales, a median sales price of $363,300, and 2.6 months of inventory. The median sales price is up 23.4% year over year, and inventory is down 1.3 months from June 2020.
NAR Home Sales Infographic
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