Home Buyers Motivated by Desire To Be Closer to Family and Friends, Sellers Collected Full Asking Price

Key Highlights

• Homes typically sold at a record pace of one week and received full asking price from July 2020 through June 2021.
• Tenure in the home dropped from 10 years to eight years, the largest year-over-year decline in the history of the data set.
• Eighty-seven percent of buyers used an agent or broker, and 90% of sellers hired an agent to sell their home. READ MORE.