Vacation-home sales have surged during the pandemic as remote work and low mortgage rates have made them more desirable.
In 2020, vacation-home sales climbed 16.4%, outpacing the 5.6% growth in existing-home sales, according to the National Association of REALTORS®’ 2021 Vacation Home Counties Report.
NAR identified the hottest counties for vacation homes in 2020 based on sales growth, price growth, change in days on market, and the number of seasonal homes in 2019 to account for the market’s size.