A Slightly Longer Look At August Contract Activity
Scott P. Rogers
Per a question and suggestion from a reader -- I have taken a slightly longer look at August contract activity.
As shown above, there was a decline in contract activity when comparing August 2020 contracts to August 2021 contracts...
...but...
The number of contracts signed in August 2021 (all 142 of them) was the strongest month of August contract activity we have ever seen in any other years as far back (2007) as I can pull contract activity from the MLS.
So, moving forward I will likely think of August 2020 as a Covid anomaly - and will consider August 2021 as the new high water mark against which future months of August will be compared.
If you have a question about this data -- or other data I publish -- let me know. I'm always happy to dig a bit deeper to gather a slightly broader context.
