Affected Home's asking price, per square foot

What sellers have been asking for their homes under $500,000 seems untouched by Covid 19. With only one small dip the asking prices per foot have continued to rise. The rise in price per foot in 2020 has out paced both 2018 and 2019 year over year increases.

$500,000-$1,000,000 has also seen a healthy increase of 3% in asking price per foot in 2020. The $1,000,000 and above is slightly up since the beginning of the year but still off its peak in 2020. The luxury market was hit at its peak season and is our city’s most seasonal real estate market. We will see if those buyers travel a bit less this summer and do a little home shopping.