Home Real Estate Communities around U.S. saw significant real estate price increases last month

Communities around U.S. saw significant real estate price increases last month

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Homes across the country are seeing listing price increases as we ride into the new year.

The nation saw an increase of 10% in listing prices for the last month of 2021. This was an increase from the 8.6% rate in November, according to a report from Realtor.com. This rate increase brought the median home listing price to $375,000 at the end of the year.

“December data offers a fitting finish to the frenzy of the past year,” Realtor.com Chief Economist Danielle Hale said in a statement. “Annual listing price growth hit double-digits again nationwide and in many of the hottest markets, after four months of single-digit pace this fall.”


The report expects that prices may continue to rise and cause challenges for home buyers, especially for a typical 2,000-square-foot single family home. These homes alone saw an increase of 18.6% from December 2020 to…

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