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Real Estate Market Trends

If you're like a lot of other consumers, trite slogans and marketing come- ons aren't convincing. Especially when it comes to the most expensive investment you may ever make; numbers are far pithier.


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Recent blogs on Real Estate Market Trends
By Gloria Todor, & Doug Durren (484) 431-3686 in SE PA
(Premier Property Sales & Rentals)
If you want to live outside of Philadelphia, consider living in Delaware County.  It has public transportation into the city, close to the Jersey shore, close to the State of Delaware, and has access to major roads that can take you many places for work or adventure.  Delaware County itself has a lot to offer as well, history, various communities with parks and cultural events, great restaurants, and on and on. Delaware County PA 2021 2022 2023 Number SOLD 8269 7003 5584 Average Days on Market 21 21 22 Minimum Price Sold $10,000 $7,000 $1,875 Maximum Price Sold $6,300,000 $5,750,000 $4,450,000 Median Price Sold $272,000 $299,500 $315,000 (info Bright MLS various brokers/agents)55+ Communities in Delaware County PAAre You Really Ready To Buy A Home? 
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By Eileen Burns 954.483.3912, FLorida Real Estate Connector
(Trans State Commercial Realty Inc. )
Hallandale Beach FL Condo Luxury Market Trend March 2024 6 Closed Sales120 days to close.64 active properties to choose from6 new Listings6 Pending Sales Let's talk pre-construction versus existing inventory:  #Oasis - a Luxury Residence EmergesDesigned by #ArquiteconicaArquitectonica - Award-winning global architecture, landscape architecture, interior design and planning firm.Corner 2-story Penthouse 125th floor - West Tower - North/South view4 bedrooms 4 1/2 baths4,650 square feet $4,650,000 - I will introduce you to Norma to lock in this! Corner 2-story Penthouse 325th Floor - West Tower - South view3 bedrooms3-1/5 baths3,327 square feet$3,493,350 - I will represent you as the buyer!250 residences in each tower95,000 s f of commercial spaceAsk me about the 22 amenities and services ...
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By Joe Manausa - Tallahassee, FL, Tallahassee Real Estate
(Joe Manausa Real Estate)
The US Housing Market: Heading Toward Recovery or Ruin? Kevin Erdmann shares a dire message about the future of the US housing market and the two paths it might take forward.What To Expect From The 2024 Housing Market Please remember to "like" the post and the video on YouTube too! Thank you. 🏡  Link to all homes for sale in Tallahassee 📺 Subscribe To The Joe Manausa Real Estate Channel and Get More Housing Market Reports, Listings, Real Estate Marketing Tips, and answers to your frequently asked questions. 📘 Get the DIGITAL MARKETING BOOK Written by a Realtor for Realtors!
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By David Buck, Realtor-Broker
(Harcourts Island Real Estate)
Aloha, this is David Buck with Harcourts Island Real Estate and today we're going to cover the local market update for single family homes and condos on Oahu for the month of March, 2024... Read More
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By Cary Nemeroff, Austin Lakeway Realtor Fluent in ASL Sign Language
(Keller Williams Realty Lake Travis)
Feature Photo: 1300 Sparrow Lane, Austin, TX 78734, For SaleI'm pretty sure that Buyers, Sellers and Realtors all share in the consensus that the Austin-Round Rock Housing Market is currently frustrating as it continues to "tread water" after last year's decline.For Buyers looking for a mortgage, Interest Rates have been rising again since the beginning of April with this week's close of the 30 yr. fixed rate just below 7 1/2%, according to Mortgage News Daily.  Unfortunately, it's looking like we might be headed for October 2023's high at about 8% again!The current interest rates have put a damper on excitement for first-time buyers and people who need to move!Sellers are also impacted negatively by this and the numbers are beginning to show that the most active selling season, April -...
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On April 17, 2024, California Association of Realtors (C.A.R) reported homes values were higher 1.4% to the price of $801,000 in March of 2024 from price of $790,000 in February of 2024, and rose 9.0% from price of $735,000 in March of 2023 in Los Angeles Metro Area, California. While, home sales jumped 20.0% in March of 2024 from February of 2024, but fell 8.0% from in in March of 2023 in Los Angeles Metro Area, California.There were 2.7 months supplies of available inventory of homes in March of 2024, down from 3.2 months in February of 2024, but up from 2.3 months in March of 2023 in Los Angeles, Metro Area, California.An average it took 23.0 days to sell a home in March 2024, lower from 27.0 days in February of 2024, and dropped from 29.0 days in March of 2023 in Los Angeles Metro A...
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By Lise Howe, Assoc. Broker in DC, MD, VA and attorney in DC
(Keller Williams Capital Properties)
Transitioning from a family home to a new property can pose challenges for retirees, particularly when searching for a suitable alternative. In many areas, including the DC metro area, builders are primarily constructing four-level townhouses or luxury single family Craftsman homes, which may not be ideal due to the increased number of stairs. The limited availability of single-floor homes means that those few suitable options are quickly sold once they hit the market.Furthermore, new condos in this region often cater to a luxury lifestyle, reflecting the high cost of land. As a result, they may not align with the needs and budget of retirees seeking more practical and affordable living arrangements. An alternative for retirees in the DC area include communities like Leisure World in Si...
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By Ed Silva, 203-206-0754, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
What’s My Waterbury CT Home’s Value March 2024Waterbury CT is the second largest town in New Haven County with a population of app115,000. It is 33 miles southwest of Hartford, 25 miles north of New Haven and 77 miles northwest of New York City. The larger factories that once dominated the Connecticut manufacturing economy are no longer in Waterbury, essentially changing form the brass mills they used for raw materials and converting to cheaper and lighter aluminum or plastic. Currently in Waterbury CT there are 61 active residential listings for sale. The homes for sale in Waterbury CT range from an 1,024 square ft, 3-bedroom row-house listed at $119,900 to a 1,215 square ft, 2-bedroom  cape listed at $750,000. These listings are within the town zip codes of 06702, 06704, 06705, 06706,...
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By Buzz Mackintosh, “Experience, reliable, leadership”
(Mackintosh REALTORS)
The inventory picture is improving and the results from Bright MLS’s most recent survey show that nearly two out of five listings were from a seller who was probably not turning around and buying another home. According to agents surveyed, 61.9% of homes sold in March were primary residences, suggesting a seller who might be in the market to buy. However, the other listings that were added to the inventory were not primary residences. For example, 14.3% of homes sold in March were rental properties. Another 13.5% were estate sales, or the sale of a property whose owner had passed away. Second homes, vacation homes, investment properties, builder sales, foreclosures, and short sales were also part of the inventory of sellers who probably were not buyers.   The Bright MLS survey also rev...
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By Lise Howe, Assoc. Broker in DC, MD, VA and attorney in DC
(Keller Williams Capital Properties)
Roughly two-thirds of Generation Z, born between 1997 and 2012, believe that homeownership is still within reach, despite facing challenges posed by high home prices and mortgage rates, according to a recent survey by Realtor.com®. However, breaking into the housing market is proving to be difficult for these budget-conscious and convenience-focused buyers, with the oldest among them turning 27 this year.While approximately 18% of Generation Z individuals are already homeowners, according to John Burns Research & Consulting, the majority are not, with nearly half still residing with family. Chris Porter, chief demographer at John Burns, explains that at their core, Generation Z aspires to homeownership, but this milestone is likely to occur later due to the significant challenge of hous...
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On April 8, 2024, Realtor.com reported that in Flintridge, California median list price was $2,825,000 in March of 2024 lower from $2,995,000 in February of 2024, and down 1.0% from $2,852,000 in March of 2023. While, median sales price for a home and a condo was $2,600,000 in March of 2024, declined 2.0% from March of 2023 in Flintridge, California.Houses stayed 38.00 days in the market in March of 2024 dropped from 48.00 days in February of 2024, and decreased from 45.00 days in March of 2023 in Flintridge, California.The median listing price per square foot of a home and a condo was $943.00 in March of 2024 down from $944.00 in February of 2024, but rose 11.0% from $835.00 in March of 2023 in Flintridge, California.For complete more detailed information about Realtor.com’s latest hom...
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By Toby Lorenc, Make your next move your BEST move
(Rocky Mountain Realtors®)
Colorado Springs Zip Code 80919 neighborhoods in Colorado Springs, Colorado are located just off I-25 in the northwest part of Colorado Springs. It's located near popular destinations like University Village Colorado Shopping Center, UCCS (University of Colorado, Colorado Springs) and The United States Air Force Academy.80919 Neighborhood Market StatsIn the past 30 days, 80919 has seen an decrease in listings by 58.3% with 53 homes currently listed for sale. The average days on market is 57 days and the average home price in zip code 80919 is $557,411 which is down 2% in the past 30 days. The average price per square foot is $224.Get your full report on the 80919 area or choose another area of interest.Find up-to-date real estate market stats for 80919
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
  Local Market Update  Ala Moana & Kaka'ako Honolulu, March 2024   Single Family Homes March Year to Date 2024 / 2023 Change% 2024 / 2023 Change% Closed Sales 1 / 0  0%  2 / 0  0%  Median Sales Price $1.1M/ $0   0%  $1M / $0   0% Percent of Original List Price Received 96.5% / 0.0%  0% 94.7% / 0.0%  0% Median Days on Market Until Sale 38 / 0  0% 38 / 0  0% New Listings 1 / 0  0% 2 / 1  100% Pending Sales 0 / 1  -100% 2 / 1  100% Active Inventory 4 / 0   0% ---    Condos March Year to Date 2024 / 2023 Change% 2024 / 2023 Change% Closed Sales 38 / 55  -31%  96 / 124  -23%  Median Sales Price $747,000 / $830,000  -10% $624,250 / $645,000  -3% Percent of Original List Price Received 95.5% / 95.9%  0% 96.2% / 96.6%  0%    Median Days on Market Until Sale 92 / 39  136% 45 / 41  10% New Listin...
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On April 8, 2024, Realtor.com reported that in Altadena, California median list price was $1,298,995 in March of 2024 higher from $1,213,500 in February of 2024, and rose 8.0% from $1,199,495 in March of 2023. While, median sales price for a home and a condo was $1,200,000 in March of 2024, declined 1.0% from March of 2023 in Altadena, California.Houses stayed 37.00 days in the market in March of 2024 unchanged from 37.00 days in February of 2024, and decreased from 49.00 days in March of 2023 in Altadena, California.The median listing price per square foot of a home and a condo was $769.00 in March of 2024 gained from $741.00 in February of 2024, and jumped 14.0% from $662.00 in March of 2023 in Altadena, California.For complete more detailed information about Realtor.com’s latest home...
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By Heather Tawes Nelson, Associate Broker, ABR, CLHMS, CRS - Scottsdale, AZ
(Live Better in Arizona )
- March 2024 Scottsdale Homes for Sale and Home Sales - Now that it is the high season, we are seeing lots of sales activity in Scottsdale. Inventory, contracts and sales were all up. SCOTTSDALE HOME SALES ACTIVITY –  MARCH 2024 Each month, we look at the following four items related to home sales: - Single-family homes for sale - Orange Line - How many homes were on the market at the end of the month. - Under contract, but accepting backup offers (UCB) - Gray Line - The number of UCB contracts there were at the end of the month. - Pending home sales - Yellow Line - How many pending sales there were at the end of the month.*- Home Sales - Blue Line - How many homes sold during the month. MARCH 2024 RESULTS Scottsdale Homes for Sale: Inventory fell slightly by the end of the month. Howev...
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By Ritu Desai 703-625-4949, Northern Virginia,Washington DC & Maryland Realtor
(Samson Properties)
Welcome back to our weekly market update, where we take a closer look at the latest happenings in the real estate world. Let's dive right in and see what's been shaking up the scene this week.Contracts on the RiseIt's official - contracts are on the rise, and they're exceeding numbers from last year. For the week ending April 14, new contracts surpassed those from the same week in 2023 by a solid 10.4%. And that's not all - there was a whopping 15.4% jump in new pending contracts compared to just last week.Canceled Listings on the RadarHere's the scoop: canceled listings are spiking, surpassing last year's numbers. With 332 canceled listings in the Bright MLS service area this week, that's a hefty 19.9% surge from the same week last year. Sellers might be hitting pause, waiting for the ...
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On April 17, 2024, California Association of Realtors (C.A.R) reported an annualized rate of 267,470 single family homes sold in California in March of 2024 fell 7.8% from 290,020 in February of 2024, and declined 4.4% from 279,700 home sales in March of 2023.The single family homes values were higher 6.0% to the price of $854,490 in March of 2024 from price of $806,490 in February of 2024, and increased 7.7% from price of $793,260 in March of 2023 in California.There were 2.6 months supplies of available inventory of single family homes in March of 2024, down from 3.0 months in February of 2024, but up from 2.1 months in March of 2023.An average it took 19.0 days to sell a single family home in March 2024, lower from 22.0 days in February of 2024, and dropped from 24.0 days in March of...
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By Anna Chroscicki, Realtor - St. Lucie County affordable Real Estate
(Re/Max Masterpiece Realty)
 If you are interested in finding out the value of YOUR home,  call 772-485-4188 or visit my site at SEE WHAT YOUR HOME IS WORTH:https://annachroscicki.remax.com/seller/valuation/ Anna Chroscicki with REMAX Masterpiece1775 SW Gatlin Blvd Ste 101, Port Saint Lucie, FL, 34953Visit www.annasellsrealestate.comCall or Text- 772.485.4188
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