The Year (Or Two) In Review
Happy New Year everyone! I hope your holiday celebrations were memorable and that 2021 brings you and yours only the very best. At the beginning of each year I take some time to reflect on Talega’s real estate statistics. By comparing 2019 and 2020 and noting the differences between the two, I can gain some insight into what 2021 may have in store for us.
The lead headline for Talega in 2020 was inventory shrank and prices rose. Overall, Talega saw a 3% increase in condo/townhome sales and just over 4% in single-family home sales. This is an overall average, as some Talega neighborhoods experienced a significant increase in sales prices from 2019 to 2020. For example, Careyes saw an 11% increase in year-over-year sale prices. As the pandemic hit and buyers gravitated toward larger houses, sales of Talega’s larger homes surged…
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