Sales prices outpacing 2019 numbers as demand remains high

The median sales price of a residential listing in MRED's network remained at $260,000 for the third consecutive week. This is a 16% year-over-year increase that bucks a trend from 2019 in which median sales prices began to decrease in August and September.

This year's steadiness is despite a third-straight week of declines in residential listings under contract, although 2020's numbers have outpaced 2019 in this category for nearly four months.