2021 Design Trends
- January 25, 2021
- Real Estate
4 Housing Trends in 2021 We’re excited about… And one we’re not.
Family Rooms for Video Conferencing
While 2020 has provided us with the…Read More
By Brandon Glascock
South County Realty would like to send a huge
THANK YOU to all of our clients who allowed us to serve you last year. Just over 200 properties sold in the Southern Boone School district in 2020 and we were thrilled to represent 45% of those Buyers and Sellers. Again, Thank You!
Residential sales in the Southern Boone school district totaled $42.8 Million in 2020 (up from 36 Million in 2019), and the average home price was up 7% year over year to $272,639. Homes in the area move relatively quickly with a home only staying on the market for an average of 57 days.
There is no doubt 2020 was a good year for the real estate market in Southern Boone County. If you have visited with us throughout the year, at this point we sound like a broken record – demand continues to remain strong and housing inventory continues to be lacking. Mortgage rates are still at historic lows which is incredible for buyers and current homeowner’s wishing to refinance. A few trends in our local market you have likely noticed…
If you are an existing homeowner relaxing in your current home with no plans to move, perhaps you are pleased to see the value of your biggest asset continue to rise. If you are a first-time homebuyer you are likely forced to explore areas outside of Southern Boone to stay within your budget, or continue to rent. Rentals, it seems, are just as tough to come by as residents of our growing community are willing to rent or buy to get in the SoBoCo School district.
As we look for these trends to continue in 2021, let us help you achieve your buying and selling goals. Find out what your home is worth, schedule a showing, or view all of the area listings and more at SouthernBooneRealty.com