Real estate tech platform and marketing agency MoxiWorks predicts the month of January will net 422,000 U.S. home sales while February will see a total of 447,000 home sales, according to the company’s Home Sales Predictor.

If the company’s predictions are correct, those figures would represent a 30 percent annual increase in sales from January 2020 and a 33 percent annual increase in sales from February 2020.

Credit: MoxiWorks

For these sales predictions, MoxiWorks draws on data from the number of presentations created within the company’s presentation builder, MoxiPresent, and matches it against MLS sold listings data.

York Baur

MoxiWorks CEO York Baur. (Credit: MoxiWorks)

Back in December, the company released a slightly more conservative prediction for January sales, predicting 415,000 total sales.

MoxiWorks CEO York Baur noted that this year’s record sales numbers have proven that real estate agents are only bound by their own perceived limits, a sentiment he sees as true even in the face of very challenging circumstances, like a pandemic.

“For years we’ve discussed that there is no need to limit ourselves to an average of only 5 million home sales each year,” Baur said in a statement. “So why has the industry continued to settle at this milestone? In 2020, there were 5.65 million home sales AND that is with a pandemic. For better or worse, this pandemic forced many agents to do what they hadn’t always done before and that’s make the market.”

Email Lillian Dickerson

Show Comments Hide Comments
Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
By submitting your email address, you agree to receive marketing emails from Inman.
Success!
Thank you for subscribing to Morning Headlines.
Back to top
×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription
×