Real Estate Market Trends

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 -... 04/21/2024

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... 04/20/2024

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... 04/20/2024

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,... 04/20/2024

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... 04/20/2024

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... 04/20/2024

04/19/2024

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... 04/19/2024

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 04/19/2024

  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... 04/19/2024

04/19/2024

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... 04/18/2024

- March 2024 Scottsdale Housing Market Video - Here is a quick video overview of the Scottsdale, Arizona single-family home real estate market that covers the month of March. March 2024 - Video Scottsdale Active Listings Inventory saw a small dip between the end of March and the end of February. However, there are quite a few more homes for sale than this time last year. The number of homes for sale was 1,234. This is down 0.5.0% over February and up 14.3% when compared to March of 2023. Average List Price for Scottsdale Homes I used to use median listing price data, but I no longer have accurate access to that information. So, I have started to track average listing prices. (Technically, the median price is a better indicator since the average price can skew one way or the other due to... 04/25/2024

- 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... 04/20/2024

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 ... 04/18/2024

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... 04/18/2024

 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 04/17/2024

On April 8, 2024, Realtor.com reported that in Baldwin Park, California median list price was $692,500 in March of 2024 lower from $699,900 in February of 2024, but rose 6.0% from $649,888 in March of 2023. While, median sales price for a home and a condo was $721,000 in March of 2024, jumped 10.0% from March of 2023 in Baldwin Park, California.Houses stayed 35.00 days in the market in March of 2024 decreased from 37.00 days in February of 2024, and declined from 49.00 days in March of 2023 in Baldwin Park, California.The median listing price per square foot of a home and a condo was $526.00 in March of 2024 up from $521.00 in February of 2024, and gained 6.0% from $495.00 in March of 2023 in Baldwin Park, California.For complete more detailed information about Realtor.com’s latest home... 04/17/2024

 WISCONSIN FORESTLAND SOLD REPORT April 2024 Vilas County; Hunting, Timber, Investments! Market Snapshot for 20+ Acre Properties   Sold Properties Report Price Total Acres $/Acre Original MLS # Status Municipality County $100,000 41.5 $2,410 1842705 Sold Phelps Vilas $205,000 40.09 $5,113 1841793 Sold Other Vilas $690,000 30 $23,000 50285847 Sold Other Vilas      $     5,113 Median Price / Acre       $995,000               112  $     8,917 Average Price / Acre        For more information on any of these properties, or to see how your property compares to these, call us or send an email with the mls number and your contact info to Bob@ForestlandWMS.com  or WoodlandTeamWI@gmail.com .🌲🌲🌳🌳🌲🌲🌲🌳🌳🌲🌲🦌🌲🌳🌳🌲🌲🌲🌳🌳🌲🌲Current Listings for Vilas County Wisconsin🌲🌲🌳🌳🌲🌲🌲🌳🌳🌲🌲🦌🌲🌳🌳🌲🌲🌲🌳🌳🌲🌲   514 Thousand Acre... 04/25/2024

 WISCONSIN FORESTLAND SOLD REPORT April 2024 Oneida County; Hunting, Timber, Investments! Market Snapshot for 20+ Acre Properties   Sold Properties Report Price Total Acres $/Acre Original MLS # Status Municipality County $84,250 35 $2,407 1845347 Sold Lynne Oneida $142,000 30.5 $4,656 22400289 Sold Nokomis Oneida $145,000 48 $3,021 1966358 Sold Crescent Oneida $400,000 41.6 $9,615 1946942 Sold Other Oneida $550,000 154 $3,571 1939996 Sold Cassian Oneida      $     3,571 Median Price / Acre       $1,321,250               309  $     4,275 Average Price / Acre        For more information on any of these properties, or to see how your property compares to these, call us or send an email with the mls number and your contact info to Bob@ForestlandWMS.com  or WoodlandTeamWI@gmail.com .🌲🌲🌳🌳🌲🌲🌲... 04/25/2024