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MARKET REPORTS

JUNE 2021 MLS Market report

7/16/2021

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Prices do not show any sign of slowing down as inventory remains extremely tight.  The average sales price in the Puget Sound area jumped from $682k in June 2020 to $867k last month.  That's an increase of 27%.
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And while there are more listings this June than last (6,087 vs 7,719) the supply of listed homes has dropped by 50% from 1.2 months to only .6 months (or just over 2 weeks).
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