TAKEAWAYS:
•The market is rebounding after the initial slow down from Covid19
•The number of new pending sales continue to rise on a weekly basis. They are now higher than pre-pandemic numbers
•New closed sales are still down (especially for the month of May compared to years past), but this should change in the weeks to come
•Sales (Count and Volume) for the year are in line with the prior two years
•The median sales price is improving year over year and year to date
•The median sales price for May 2020 vs. May 2019 is stable
*Only includes detached single-family homes
