By Holly Henbest
The local real estate market continues to provide a steady stream of positive news. Just when we think the news can’t get any better…it does!
The real estate results in July were simply fantastic. While the price range under $500,000 has been consistently strong, July turned out to be the biggest month ever for sales over $500,000 and June was the second strongest month ever for this price range. July saw an increase of 30% over June and 66% increase over July of 2019. The total number of closed transactions in July was 11,205. That is up 4.7% from July of 2019 and the highest monthly total since May of 2018. This includes new construction, which was up 22.9% from July of 2019.