Closed listings continue to show strength
4,127 residential listings closed in MRED’s marketplace during the week of 9/28. That total is the most in a single week since late July, notching a 33% week-over-week increase. The 40% year-over-year bump was the second time in the last month 2020’s closed totals bested 2019 by 40% or more.
Other key market indicators remained strong, including listings under contract and median sold price, which both continued streaks four-month streaks of year-over-year growth.