Nearly every aspect of our lives has been impacted by the COVID-19 crisis, and real estate is no exception. Our report details a decline of 10-15% compared to April 2019 in transactions in nearly every sub-market reviewed. In spite of these fewer transactions, low inventory levels, have increased the average sales price for homes in nearly every market as well. If you’d like to learn how these factors may have impacted the value of your home, please contact us. We will review with you – virtually if needed – what these stats might mean to you.
The Art of Distinction Blog by Encore Sotheby's International Realty 