What's Happening in the Watauga Market:  July 2020

Bee Balm is blooming just as lovely as it always does this time of year.  But the real estate market is is astoundingly new and different with record highs and record lows!

 Key points:

** July 2020 marks the highest number of Watauga area home sales in history.
** The number of homes under contract is also an historic high.
** The number of homes on the market is dwindling.
** Far more homes are on the market at a significantly higher price than the number of homes that sold.
** Prices are rising.
** The trend continues that makes it very difficult for many area residents to afford a home.

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Coe Realty’s Calendar: July 2020