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MRED Blog
REinventing MLS
Closings see third week of increases, still lag 2019 numbers
Posted by on June 30, 2020
MRED’s Weekly market Snapshot from across the MLS’s service areas shows home sales for the final full week of June built on previous-week gains, posting a seven-percent increase. Despite upward movement, sales were still substantially off of 2019’s home sale numbers. Find out more in this week’s report, including continued strong showings for homes going under contract.
Among the findings:
- New listings entered into MRED’s connectMLS for the week of June 29 were off just three percent from 2019.
- Median prices for the week showed continued modest gains, posting a 1.2 percent increase over 2019 numbers.
- Open houses, a measure of consumer market interest, doubled over the course of the month.
Learn more in the Weekly market Snapshot, released each Tuesday by MRED. Find the report here.
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