2020 will prove to be memorable nationwide for many reasons. Concerning real estate, we have seen a strong run in median home prices, with a simultaneous fall in days on market. A slow down in real estate transactions in the first quarter of 2020 was quickly replaced by strong sales volume.
When applying a 90 day moving average to the below, the following is produced. A linear regression of the data shows a 17.74% increase in the median value.
