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REALTORS Confidence Index January 2021

SKU:
E186-01-21
Author:
NAR
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    The REALTORS® Confidence Index (RCI) survey gathers on-the-ground information from REALTORS® based on their real estate transactions in the month. This report presents key results about market transactions.

    RCI Highlights January 2021

    • REALTORS® reported an increase in home tours from the prior month, with an average of four in-person home tours. Every home sold had nearly four offers. 
    • With little supply in the market, homes typically sold within 21 days, a record low since August 2020 (43 days one year ago). 
    • The share of first-time buyers rose to 33% (31% in the prior month, 32% one year ago). 
    • The pandemic continues to impact how people live and work. A higher share of buyers, at 88%, purchased a property in a suburban, small town, rural, or resort area (78% one year ago). 
    • Fifty-six percent of REALTORS® reported they had potential buyers looking for work-from-home features such as an extra room, a finished basement, or a bigger home.  

     

    Note: the REALTOR® Confidence Index is provided by NAR solely for use as a reference. Resale of any part of this data is prohibited without NAR's prior written consent.

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    Type:
    Guide
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The REALTORS® Confidence Index (RCI) survey gathers on-the-ground information from REALTORS® based on their real estate transactions in the month. This report presents key results about market transactions.

RCI Highlights January 2021

  • REALTORS® reported an increase in home tours from the prior month, with an average of four in-person home tours. Every home sold had nearly four offers. 
  • With little supply in the market, homes typically sold within 21 days, a record low since August 2020 (43 days one year ago). 
  • The share of first-time buyers rose to 33% (31% in the prior month, 32% one year ago). 
  • The pandemic continues to impact how people live and work. A higher share of buyers, at 88%, purchased a property in a suburban, small town, rural, or resort area (78% one year ago). 
  • Fifty-six percent of REALTORS® reported they had potential buyers looking for work-from-home features such as an extra room, a finished basement, or a bigger home.  

 

Note: the REALTOR® Confidence Index is provided by NAR solely for use as a reference. Resale of any part of this data is prohibited without NAR's prior written consent.

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