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Friday, August 14, 2020
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June Single-Family Home Sales Statistical Highlights

June 2020 Numbers Demonstrate Dramatic Real Estate Recovery Amid Easing of Pandemic Restrictions

Graphs of Closed Sales, Pending Sales, New Listings, and Inventory

June Real Estate Market Commentary

While much of the country was working on a phased reopening of the economy in June, real estate activity continued to strengthen – both from a month-over-month and year-over-year perspective, the former at dramatic levels.

Month-Over-Month: According to numbers tracked by ShowingTime, pent up demand by prospective home buyers fueled historic increases in June 2020 in a number of key areas including:

  • Closed Sales: 114% increase M-O-M from low in May 2020
  • Pending Sales: 29% increase M-O-M from May 2020; 316% increase from low in April 2020
  • New Listings: 8% increase M-O-M from May 2020; 261% increase from low in April 2020
  • Inventory of Homes for Sale: Remained virtually the same M-O-M as compared to May 2020; 9% increase from low in April 2020

Year-Over-Year: Positive signs of recovery in June 2020 also extended to a comparison with June 2019. Those numbers included the following:

  • Pending Sales: 14.9% increase Y-O-Y from June 2019 to 10,073
  • Median Sales Price: 6.6% increase Y-O-Y from June 2019 to $202,500
  • Average Sales Price: 2.8% increase Y-O-Y from June 2019 to $234,563
  • Average Showings per Home: 11, 52% increase Y-O-Y from June 2019

Listing and Sales Summary


July 2020

July 2020

Realcomp’s Featured Product of the Month for July: Cloud Agent Suite

Cloud Agent Suite, another Realcomp Value-Added Service provides Realcomp REALTORS modern MLS tools for better CMAs, listing alerts, and searches! Take a look at what’s included

Realcomp’s Primary Photo Policy Updated to Include Aerial or Wide-Angle Shots

Realcomp’s Board of Governors approved a motion during their June meeting to approve a recommendation from the MLS User Committee regarding Realcomp’s Primary Photo policy.

New SentriConnect App Coming on July 8th

Realcomp has received word from SentriLock that they plan to release a new enhanced version of the SentriConnect app on Wednesday, July 8th.

Cloud MLX - Getting Started Videos

Need some instruction on Cloud MLX (another component of Cloud Suite)? Watch the following 5 videos in under 7 minutes.

Cloud Streams - Take Advantage of the Getting Started Videos

Take Advantage of 5 Getting-Started Videos for Cloud Streams!

Showing Guidance for REALTORS® During Pandemic

Showing Guidance for REALTORS® During Pandemic

Give Your Clients Cloud Streams!

Give Your Clients Cloud Streams!

Search for Listings On-The-Go with Cloud MLX

Search for Listings On-The-Go with Cloud MLX

June Single-Family Home Sales Statistical Highlights

June Single-Family Home Sales Statistical Highlights

Virtual Tour Icons Upgrade

For the Real Estate Industry, the use of Virtual Tours has never been more popular! For this reason, Realcomp saw the need for improvement and recently updated the size and look of the virtual tour icons appearing next to listings

Join Us for this Webinar: Reinventing Lead Generation, How to Close More Listings Faster

Reinventing Lead Generation, How to Close More Listings Faster

Mastering Trend Analysis with InfoSparks

Mastering Trend Analysis with InfoSparks

Last Modified: Tuesday, July 21, 2020