December 2020 
December is normally one of the slowest months of the year but strong buyer demand across most segments of the market, buoyed by near-record low interest rates, continue to drive a healthy sales pace in the face of a new wave of COVID-19 infections and a softening jobs market.
• Single Family Closed Sales were up 38.3 percent to 9,367.
• Townhouse-Condo Closed Sales were up 34.1 percent to 2,704.
• Adult Communities Closed Sales were up 44.7 percent to 839.
• Single Family Median Sales Price increased 20.7 percent to $405,000.
• Townhouse-Condo Median Sales Price increased 7.4 percent to $290,000.
• Adult Communities Median Sales Price increased 19.0 percent to $249,950.
With low mortgage rates and strong buyer demand in most market segments, the housing market of early 2021 looks to continue the trends we saw in the second half of 2020. Low inventory and multiple offers on in-demand properties and market segments are likely to remain common while the market waits and hopes for a boost in new construction and a surge in home sellers to help provide more balance to the market.