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market update

Market Update | November 2020 📈

Demand in the market remains strong, Especially during these Holiday Months!

Available Inventory is at 5,237 units, our lowest inventory point of the year so far.

Months of Supply is down to 1.5 months Inventory.
Under $350,000 price point is now under 1 month supply

Listings added from October to November are down close to 25%. We do typically see a decrease during the holiday months but 25% is a bit more than usual.

With interest rates staying at an all-time low, likely we will not see much difference in inventory for 2021.

The median price of a single-family residence has climbed to $347,000.00.

Properties Under Contract are up close to 25% compared to the same time last year.

Closed units are also up significantly from 2,858 in November 2019 to 3,627 in November 2020.

recent success

We sold our home with the h&e crew in record time. Even when the market was in flux due to CV-19 virus he remained steady and pushed our home in an uncertain market keeping us advised and up to date throughout the process. With Craig you always feel confident that you have the best person possible selling your home.
-Bill via Zillow

Best real estate experience we’ve ever had. We had our house listed for 6 months with another agent before relisting with h&e and they got us two great offers in less than two weeks. They have everything you’d want in a realtor/broker - experts on the local market, client focused, responsive, and worked out a deal we were very happy with. Great experience overall and would highly recommend!
-Chris via Zillow

The h&e team were a pleasure to work with! They are extremely knowledgeable, professional and have their finger on the pulse of the Real Estate market. We sold our home in 4 days with their guidance. My wife and I were so impressed that we listed a second home with them 1 week later. If you are looking for real professionals, look no further than Huntington & Ellis. Thank you for everything Craig!
-Jason via Zillow

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