Quick Stats:

In January of 2010, we closed 809 distressed homes. That statistic represented 40.5 percent of all closings. Last January, that number dropped to only eight distressed homes or 0.25 percent of all closings. This January the numbers continued to drop to a total of five distressed homes or 0.17 percent of the total. Of the five, two were bank-owned, three were HUD foreclosures and non were short sales. At this point, COVID restrictions had no discernible effect on the market.

Average active listings for February are 13,220 (1985-2021)

Record-high February was 2006 with 25,484 listings and the record low was set this year with 1226 listings.

The historical average decrease in active listings from January to February is 2.88 percent. An increase of 3.55 percent this Februay represents a needed rise in housing inventory.