NAR: Vacation Home Sales Rose 16.4% in 2020

Lee County tops NAR’s record of U.S. counties for the optimum maximize in getaway household gross sales, with Collier County also generating the prime ten record. In 2020, getaway household gross sales were being 5.5% of total current-household gross sales in 2019, they were being 5%. Family vacation household median rates were being up 14.2%.

WASHINGTON – Family vacation houses gross sales soared for the duration of the COVID-19 pandemic, according to a new study from the Countrywide Affiliation of Realtors® (NAR) in its 2021 Family vacation Residence Counties Report. Overall, potential buyers flooded the real estate market in the 2nd 50 percent of 2020 and through April 2021 as the pandemic raged, resulting in getaway household purchases to rise.

Florida continues to be a prime location for getaway household gross sales – two metros made NAR’s prime ten record, with Cape Coral at No. 1 – but Us residents

Read More