MaryElizabeth Smith’s Post

The median home price increased slightly in the Dallas-Fort Worth Metroplex, according to the latest housing report from the MetroTex Association of REALTORS®. The median home price went up 1.3% year over year, reaching $389,945 in December. In November, the median was slightly higher at $390,000. #dallasrealestate #texasrealestate #housingreport #realestate

In the Bay Area, living space comes at a premium. The high cost of housing means that buyers can pay hundreds of dollars for every square feet of a home. But in few places anywhere in the United States does square footage cost as much as in Palo Alto. The median price for a square foot of a for-sale home was $1,761 in May 2024, the highest of any U.S. city with at least 50 home sales that month, data from real estate brokerage Redfin shows. That was more than three times the median price in California overall, at $524 a square foot.

Eastside home prices jumped 10% in February compared to a year ago, up from $1,340,000 last year to $1,470,000 this year. From January to February, the median price of single family homes in King County went up by 8%. For the whole year, the price appreciation in King County was 14%. So this one month contributed to more than half of the whole year's appreciation! Low supply is putting pressure on buyers to bring their A-game to the table and is motivating prospective sellers to get their homes ready for sale quickly: Inventory has gone up, too! If you'd like to discuss your specific neighborhood or your real estate goals, feel free to reach out to me at mei@meiyangrealestate.com. #meiyangrealestate #marketupdate #seattlerealestate

📊 Madison Housing Market Update 📊 The Madison housing market is showing strong signs of growth and resilience. From April to May 2024, we’ve seen notable increases in home sales and inventory, while the median days on market have decreased. These trends indicate a competitive market where homes are selling quickly, often above asking price. Whether you're a buyer needing to move swiftly or a seller looking to capitalize on the high demand, Weichert-Lakepoint is here to guide you through the process with expert advice and personalized service. Stay informed and make smart real estate decisions with Weichert-Lakepoint! 🌟 Ready to buy or sell? Contact us today! 📧 rob@weichert-lakepoint.com 📲 608-721-8002 🌐 www.weichert-lakepoint.com #WeichertRealtors #Weichert #WeichertRealtorsLakepoint #MadisonWI #RealEstateTrends #HousingMarket #RealEstateAdvice

Price per square foot is a crucial metric, and it’s now grabbing some rare attention: The latest monthly housing report from Realtor.com® reveals that the typical listed price per square foot grew by a whopping 52.7% from May 2019 to May 2024. In contrast, the typical listed home price increased by 37.5% over the same period to its current nationwide median of $442,500. https://lnkd.in/eGciyF72

According to data from housing market platform Realtor.com, the typical listed price per square foot surged by 52.7% from May 2019 to May 2024. In comparison, the typical listed home price rose by 37.5% over the same period, reaching a nationwide median of $442,500. https://lnkd.in/eGciyF72

Exciting news from Miami-Dade County! Total home sales surged by 5% compared to last year, reaching 2,342 closings in April. Single-family home sales saw a remarkable 7% increase, totaling 1,065 deals, while condo sales rose by 5% to 1,277 transactions. Median prices also saw substantial growth, with single-family homes jumping by 9% to $654,000 and condos rising by 7% to $444,000. In terms of total dollar volume, the county reached an impressive $2.2 billion, with single-family home dollar volume and condo dollar volume increasing by 28% to $1 billion. #MiamiRealEstate #MarketUpdate #HomeSales #CondoSales #InvestInMiami

🏡 The number of homes for sale rose for the fourth consecutive month in February, according to newly released numbers. 📈 The inventory of homes priced between $200,000 and $350,000 grew 20.6 percent from year-before levels. ✨ https://looksee.it/RwFCw #HousingMarket  #HousingMarketUpdates #Realtor #RealEstateAgent #RealEstateBlog #RealEstate #HousingAffordability #AffordableHousing

Things are changing ever so slightly in the Dallas-Fort Worth housing market. July saw median home prices drop nearly 2% and sales jump nearly 5% over last year. The data, released by the Texas A&M Real Estate Research Center, the MetroTex Association of Realtors and the North Texas Real Estate Information Systems last week, are just two of many key data points offering a glimpse into the region’s housing market. By Nick Wooten #Business #RealEstate

AZ Big Media reports that the Valley had the second largest percentage of homes with price reductions in March among major U.S. markets at 23%. With sellers reducing prices, it’s a great time to be a buyer and take advantage of lower home prices. #realestatetrends #realestatenews #housing #realestate #azrealestate