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Declining 2020 numbers still outpacing 2019
October 14, 2020Posted by on
Closed listings, listings under contract and new listings all saw decreased week-over-week totals in MRED’s service area to kick off the first full week of October. Closed listings were down 37% while listings under contract saw a weekly decline for the third week in a row. These 2020 totals still remained ahead of their 2019 counterparts as closed listings (15%), listings under contract (42%) and new listings (5%) all showed year-over-year growth.
The weekly declines happened even as total active listings increased and residential open houses posted its highest weekly total in more than seven months (4,164).