Capital Region 2021 real estate market good so far for sellers
Here in the Capital Region, it was a seller’s market in the first quarter.
The Greater Capital Association of Realtors released its quarterly report.
It says with strong buyer demand and low inventory, multiple offers were a common occurrence.
As the weather warmed and the pandemic restrictions eased, they say it created even more urgency.
Pending sales were up 14.5% percent in the past year.
Overall median sales prices were also up. However, inventory levels were down 48.2%.