Extreme weather across most of the country pushed new listings to a record low that will be difficult to dig out from, while prices hit a new high
- There were nearly 50% fewer homes for sale this year versus last year
- New listings declined nearly 25% year-over-year
- The median listing price increased 13.7% over last year to $353,000; surpassing 2020's peak price
- The typical home sold in 70 days, 11 days faster than a year ago
PR Newswire
SANTA CLARA, Calif., March 4, 2021
