June Of 2021 Home Sales Stats

By
Real Estate Agent with Berkshire Hathaway Home Services Crest CDRE #01044712

On July 22, 2021, National Association of Realtors® (NAR) reported that a median home value price was $363,300 in June of 2021 rose 23.4% from the price of $294,400 in June of 2020.

Single family home sales were at annual rate of 5.14 million units in June of 2021 gained 1.4% from the annual rate of 5.07 million home sales in May of 2021, and up 19.3% from home sales in June of 2020. The median single family home price was $370,600 in June of 2021, increased 24.4% from June of 2020.

Condominium and co-op sales were higher to an annual rate of 720,000 units in June of 2021 from May of 2021, and jumped 56.5% from June of 2020. Median existing condo price was $311,600 in June of 2021, soar 19.1% from June of 2020.

Distressed homes sales were 1.0% in June of 2021 same as from 1.0% in May of 2021, but lower from 3.0% in June of 2020.

Lawrence Yun, NAR chief economist, stated "Huge wealth gains from both housing equity and the stock market have nudged up all-cash transactions, but first-time buyers who need mortgage financing are being uniquely challenged with record-high home prices and low inventory,"

For more complete information, on NAR's June 2021 home sales stats, please click HERE

Posted by

John Pusa

Real estate agent, Glendale, CA

Better way to buy and sell real estate

Berkshire Hathaway Home Services Crest

Office (818) 441-8881

Mobile (818) 441-8881

4005 Foothill Blvd.

La Crescenta, CA. 91214

Comments (4)

Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Thank you very much, John, for sharing this report.

Take care, be safe and have a great day.

Jul 30, 2021 10:39 AM
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Hello Roy Kelley you are welcome, and glad you find this report very helpful. Take care, be safe and have a great day too. Thanks for the comment.

Jul 30, 2021 08:36 PM
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Good morning John - those numbers tell a story of continued pressure on prices nationwide.

Jul 31, 2021 05:57 AM
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Good morning Grant Schneider you are right, those numbers indicates continued pressure on home prices nationwide. Thanks for the comment.

Jul 31, 2021 09:17 AM