REinventing MLS

Market metrics buck trends with uptick

Several key metrics in MRED’s marketplace ended weeks-long streaks of declines in 2020 during the second week of November. New listings saw a 4% week-over-week increase, but also topped 2019’s totals from the same period by 21%. Other indicators that bounced back after recent declines included listings under contract (14% week-over-week increase) and closed listings (3% week-over-week increase), with both numbers also beating out 2020’s totals.

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