Ventura County Star’s Post

The summary of the 2024 Housing Market from the Florida Realtors Chief Economist is here. There is clear signs of a condo sales issue as Florida works through the new laws aimed at building safety. The median single family home price for Florida was $420,000.

Recent data from the Northern Virginia Association of Realtors shows that fewer homes sold in Northern Virginia in March 2024 than in March 2023, but the median home price compared with February is up $42,750 to $730,000 across the region. Learn more: #novarealestate #novarealtor

🏡 Monthly Market Update: Dane County finished the year with a December that had more closings and accepted offers than the two previous Decembers. Buyers were able to take advantage of an average purchase price of 2% below list price, which was the lowest of the year. Yet, homeowners got to take advantage of the fact that the average home sale went up 7% compared to last year (from $461,049 to $493,405). The fact this happened in spite of higher than expected interest rates, shows that Dane County continues to be a desirable place to live.

December showed an increase in the median price of single-family homes in the market because of a boost from buyers and sellers seeking for end-of-the-year closings, according to data provided by the Northeast Florida Association of REALTORS®. Dan Macdonald reports. #realestate #residential #residentialrealestate #businessnews #readitherefirst #subscribe

Everything you need to know! Martin County Single Family Home Stats for the Month of October  Closed Home Sales for the month were 134, down from 155 the previous month and down 16.3% from 160 the prior year.  Cash Sales for the month were 63, down from 73 the previous month and down 14.9% from 74 the prior year.  Median Sale Price for the month was $615,000 up from $600,000 the previous month and up 7.5% from $572,000 the prior year.  Average Sale Price for the month was $957,904, up from $877,388 the previous month and up 19.6% from $800,893 the prior year.    Median Time to Contract for the month was 59 days, the same as the previous month and up 103.4% from 29 days the prior year.  Inventory (Active Listings) for the month was 767 homes, up from 742 the previous month and up 43.1% from 536 listings for the same period last year. Join New Wave Real Estate Group in Making Waves in Real Estate 🌊

The Central Ohio Housing Report from Columbus Realtors for December. Finally found time to digest the information. Here is something really cool: The nation’s “Hottest Zip Code”, according to Realtor.com was Gahanna, Ohio.  November 2024 closed units were down month over month, however up from November 2023 (YoY). October was a great month for Central Ohio closings (interest rate dip in September). Average Sales Price was up in November, as was our Housing Supply. Rates continue to hover at the higher end of the current range which is likely going to be reflected in the stats for December forward. Best line of the report is: 2024 is tracking to outperform 2023.

Another Housing Record - Why are young sellers staying put? Rate Lock-In 🔒 : Those who scored 2%-3% rates are holding tight and even keeping their homes as rentals if they choose to move. Affordability💲: Higher rates and prices require more motivation an and wealth to move. The Silver Lining 🧓 👵 : Older homeowners with more wealth and different life goals are making up the majority of movers. Check out this great article by Aarthi S. on this unprecedented market statistic shaping the current housing market. #SilverSellers #FirstTimeHomeBuyers #HomeOwnership #HomeBuying #TheDivorceCFO #SimplyABetterWay

Sales of existing single-family homes in California totaled 275,540 in April, up three percent from March and 4.4 percent year-over-year, according to a report. Statewide, the median price of a home during the fourth month of the year was $904,210, a 5.8 percent from March and an 11.4 percent increase from one year earlier, the California Association of Realtors reported. That was a record median price for the month of April, but sales remained below 300,000 for the 19th consecutive month.

California continues to lose residents to Arizona, Nevada AZ home prices jumped 1.9% in June 2024 compared to a year ago and sold for a median price of $451,000, according to Redfin.  In NV, prices were up 5.8% in June compared to a year ago and sold for a median price of $461,700.

The housing market in #StatenIsland, N.Y., and across the nation, is going through a transition that could lead to a number of costly mistakes for home sellers who are not working with a Realtor subscriber of the Staten Island Multiple Listing Service Inc. (#SIMLS). #homesellers #homeselling #RealEstateExperts #SIBOR #StatenIslandMLS #Realtors https://okt.to/EjIzYa