Spring 2021 Real Estate Market Update
I’m here to give you the details and update you on our spring market.
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Today I’m going to give you an update on our spring real estate market. Record-low inventory and record-high sales are the big two conditions driving home prices higher in every city in the Coachella Valley.
Cited below for your convenience are timestamps that will direct you to various points in the video. Feel free to watch the full message or use these timestamps to browse specific topics at your leisure:
0:30 — Median home prices trending up
1:16 — Despite low inventory, sales are up
2:40 — Demand continues to exceed supply
3:40 — Median number of days on market
4:15 — Comparing average total sales
4:45 — Mortgage rate projections
5:22 — What this means for buyers
6:22 — What this means for sellers
If you have any questions about your specific situation, I’d love to have a conversation with you. Please feel free to give me a call, a text, or an email. Additionally, if you have any other real estate-related topics or questions that I can answer, please feel free to reach out to me.
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