September 2021 RuCo Real Estate Market Update
In August, Closed Sales in Rutherford County were down -3.27% from last August, and Pendings were down -2.41%, both marked improvements from recent months of double digit declines. However, Inventory was down -34.98% from last August, but up +4.98% from the previous month, making three straight months with Inventory improvements in our local market. What to look out for? Supply appears to again be taking a turn for the worse, with all but luxury price range now below a months supply of homes. In fact, every price range below $700K+ saw significant drops over the past month, the first time we've ever seen that happen across all the sub-$700K prices ranges.
August 2021 RuCo Real Estate Market Update
In July, Closed Sales in Rutherford County were down -13.53% from last July. Pendings were down -19.42%. Inventory was down -37.23% from last July, but up +7.50% from the previous month, making two straight months with Inventory improvements in our local market.
PSA: Child Tax Credit Payments
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July 2021 RuCo Real Estate Market Update
In June we saw the first signs of Rutherford County's housing inventory improving! While we were down -48.29% from last June, we were up for the first time this year month-to-month, with Average Daily Inventory up +7.49% from May 2021. Read our in-depth look at the most recent local real estate market data at http://homesintheboro.com/July2021