August Of 2021 Home Sales Stats

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

On September 22, 2021, National Association of Realtors® (NAR) reported that a median home value price was $356,600 in August of 2021 rose 14.9% from the price of $310,400 in August of 2020.

Single family home sales were at annual rate of 5.19 million units in August of 2021 declined 1.9% from the annual rate of 5.29 million home sales in July of 2021, and lower 2.8% from home sales in August of 2020. The median single family home price was $363,800 in August of 2021, increased 15.6% from August of 2020.

Condominium and co-op sales were higher to an annual rate of 690,000 units in August of 2021 decreased 2.8% from 710,000 in July of 2021, but jumped 9.5% from August of 2020. Median existing condo price was $302,800 in August of 2021, higher 10.8% from August of 2020.

Distressed homes sales were 1.0% in August of 2021 same as from 1.0% in July of 2021, and unchanged from 1.0% in August of 2020.

Lawrence Yun, NAR chief economist, stated "A number of potential buyers have merely paused their search, but their desire and need for a home remain."

For more complete information, on NAR's August 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)

Rocky Dickerson
Realty One Group - Las Vegas, NV
Superior Service!

Interesting market data. I wonder if we are looking at a bit of market bracketing affecting the outcomes?

Oct 02, 2021 10:21 PM
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Hello Rocky Dickerson glad you find the market data very interesting. It is possible we are seeing market bracketing might affecting the outcome. Thanks for the comment.

Oct 03, 2021 09:32 AM
Kristin Johnston - REALTOR®
RE/MAX Realty Center 262-567-2455 - Waukesha, WI
Giving Back With Each Home Sold!

Great information.  Thanks for sharing and have a wonderful day!

Oct 04, 2021 05:05 AM
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Hello Kristin Johnston - REALTOR® you are welcome, and glad you find the report very informative. Have a wonderful day too! Thanks for the comment.

Oct 04, 2021 02:20 PM