Year In Review Market Update - 2021 Portland Maine and Portsmouth New Hampshire
Derrick Buckspan
With over 19 years of experience in real estate and a background in building teams, Derrick and his teams continue to achieve award winning success fo...
With over 19 years of experience in real estate and a background in building teams, Derrick and his teams continue to achieve award winning success fo...
2021 was quite the year!
Between August 2020 and August 2021, home prices across the United States and Canada rose to record levels, with the U.S. housing market rising to a record of 19.9%.
2022 stands to be another strong year for sellers. If you're thinking about selling your home, being aware of the trends in the market will help you understand the strength of the market.
Our 2021 Year in Review market update showcases everything you need to know about local real estate trends as we head into the new year.
Our Team's 2021 In Review
$410,236,783
Total Sales Volume
884
Homes Sold
Our Market 2021 Year in Review
1.4 Months of Supply
This is a Seller's market.
6,472
New Listings
584
Under Contract
480
Active Listings
11,942
Closed Sales
$498,423
Average Sales Price
29
Average Days on Market
Homes Sold
-1%
Sale-to-List Price
3.2%
Curious about how your home's value changed in 2021?
We will gladly prepare a Comparative Market Analysis for you so that you are armed with the most current information heading into 2022.