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Seller’s vs. Buyer’s Market: A Seller’s Guide to Decoding Market Conditions

HomeLight

The number of days on market (DOM), which marks how long a home is on the market before the seller accepts an offer, typically drops. In a balanced market, marketing time typically lasts around six weeks , according to The National Association of Realtors® (NAR). Factors that lead to a seller’s market.

Marketing 111
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Las Vegas Real Estate Market 2020 Overview

Marco Santarelli

Many variables could potentially impact the value of a home in Las Vegas in 2020 (or any other market) such as big changes in the distressed, new-construction, or luxury home segments. There are also a wide variety of economic and political factors that can and do impact real estate markets. Median days on market is 30.5

Marketing 128
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Chicago Real Estate Market 2020 Overview

Marco Santarelli

On average, homes in the Chicago area sell after 63 days on the market. The trend for median days on market in Chicago has gone up since last month, and slightly down since last year. The Chicago metro area housing market is slowly improving as more homes went into the contract in July as compared to June.

Marketing 140
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Phoenix Real Estate Market & Investment Overview 2020

Marco Santarelli

The average new list prices are up +15.7% Days on market were down -8 days year-over-year while month-over-month were down -1 days. Phoenix Real Estate Market Forecast 2020 – 2021. What are the Phoenix real estate market predictions for 2020? year-over-year. The median list price is up +12.9%

Marketing 135
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San Diego Real Estate Market & Investment Overview 2020

Marco Santarelli

There has been some short term impact of the Coronavirus pandemic on the San Diego Housing Market — with buyers withdrawing offers and sellers removing their homes from the market. There have been delays in closings due to financing issues as loan funding has slowed down. Median Days on Market equaled 8.

Marketing 138
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Naples Real Estate Market & Investment Overview 2020

Marco Santarelli

Average days on market. Many variables could potentially impact the value of a home in Naples in 2020 (or any other market) such as big changes in the distressed, new-construction, or luxury home segments. There are also a wide variety of economic and political factors that can and do impact real estate markets.

Marketing 105
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Denver Real Estate Market & Investment Overview 2020

Marco Santarelli

New Listings. Days on Market Until Sale. Furthermore, the Classic Market segment continues to sell for remarkably high percentages of the list price. The average days on market is decreasing month to month, year over year, and year to date. Percent Change from Previous Year. Inventory of Active Listings.

Marketing 137