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You are here: Home / Blog / Market Trends

2021 Housing Market Kicks Off With Fierce Competition

February 13, 2021

2021 Housing Market Kicks Off With Fierce Competition

Between low interest, fierce competition, and rising home prices, 2020 was a challenge for buyers, but offered serious advantages to sellers — and it looks like that dynamic is continuing into 2021.

According to recent data from realtor.com, the number of homes for sale in the US in January 2021 dropped below 600,000 — a whopping 43 percent decrease from January 2020 and the lowest number of homes for sale since realtor.com started collecting data in 2012.

The median listing price was $346,000, up 15.4 percent year-over-year and the typical home sold, on average, in 76 days, which is 10 days faster than this time last year.

So, what does this mean for you? It may be a new year, but markets across the country are still experiencing historically low inventory, which is continuing to drive up both competition and home prices—so if you’ve been thinking about selling your home, now is a great time to make a move.

Filed Under: Market Trends

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"We found Russ to be an excellent Realtor. He was so easy to work with, very professional and thorough. He was always prompt to respond to our calls and emails. We were a bit nervous at first, because we were out of town buyers, but Russ quickly put us at ease. He sent us many potential prospects but he was never pushy. It was so nice to work with someone so honest. We would highly recommend using Russ to anyone who was looking to buy or sell."
- L.M., Green Valley, AZ
"Russ Fortuno did an exceptional job from start to finish! Any time we had a question, he made us feel comfortable calling or emailing him and got us an answer immediately!"
- R.L., Palmer MI
"Could not have had a better Realtor. Property was part of an estate and Russ knew exactly how to take care of everything. Up on values, very helpful and constantly kept me informed with all problems and progress. I am out of state and felt very comfortable with him handling the sale. "
- P.S., Orlando FL
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Russ Fortuno, Associate Broker

I'm a Southern Arizona native and year-round Green Valley resident. Whether you’re buying or selling a home in the Green Valley or Sahuarita area, you’ll experience unsurpassed service and professionalism at all stages of your real estate transaction. I welcome the opportunity to assist in your next home sale or purchase.
Meet Russ

Tierra Antigua Realty

18745 S. I-19 Frontage Rd., Ste. A105
Green Valley, AZ 85614
(520) 333-0446
Contact Russ

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