2021

Market Insights

Latest Issue — 2021 Report No. 2

A mESSAGE FROM OUR CEO

2021 is off and running...and optimism is rising

2021 is off and running. As the light at the end of the COVID-19 tunnel becomes brighter, optimism is rising, and the brisk real estate market we experienced in the last six months of 2020 continues to run strong. In this edition of Market Insights, we'll explore not only the numbers, but what they mean for home buyers and sellers.

Larry Flick V

Chief Executive Officer

No

– By The Numbers –
Q1 2021 compared to Q1 2020

-44%
Decrease in housing inventory
+15%
Increase in average home value, leading to shorter listing times and higher prices
+12%
Increase in the number of homes sold
3.00%
Average mortgage rate, near all-time lows increasing affordability

The reports

Choose a region to get local insights and a forecast of what’s to come.

Southeastern Pennsylvania

Southern New Jersey

City Of Philadelphia

Philadelphia's Main Line

New Jersey Shore

Lehigh Valley

Central New Jersey

Central Jersey Coast

Northern Delaware

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