- Average home sale price (in year sold): $391,900
- Average home sale price (in 2024): $474,219
The death of NBA legend Kobe Bryant, his 13-year-old daughter and seven others in a helicopter crash in Southern California on Jan. 26 foreshadowed a devastating year ahead. Just days before the accident, the first case of coronavirus was detected in the U.S. in a person who had traveled recently from China. That same month, the U.S. Senate did not vote to remove the impeached president from office.
By March, the coronavirus had taken hold in the United States, and the president declared a national emergency, making $50 billion in federal funds available to fight the threat. Non-essential businesses shut down – some permanently — major sports leagues ceased play, travel bans from abroad were installed and unemployment soared. By Sept. 22, more than 200,000 people had died from the virus.
Buy/sell, rent/lease residential &
commercials real estate properties.
Also in 2020, the nation’s race relations continued to sour after the death of George Floyd in Minneapolis at the hands of police, and voters elected Joe Biden, the former vice president, as the 46th president in a rebuke of Donald Trump.
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