Remove Banks Remove Commercial Remove Days on market Remove Short sale
article thumbnail

Miami Real Estate Posts 10th-Highest Total Home Sales Month in History

Realty Biz

“Although top sales marks are still being achieved, higher rates are starting to restore balance to the market. Look for fewer bidding wars, more days on market, and a cooling of the growth rate of pricing in the months ahead.”. Miami Distressed Sales Keep Dropping, Reflecting Healthy Market Only 1.2%

Sales 78
article thumbnail

Detroit Michigan Housing Market: Trends & Forecast 2021-2022

Marco Santarelli

The median sale price was $95,000. On average, homes in Detroit, MI sell after 60 days on the market. The trend for median days on market in Detroit, MI has gone up since last month, and slightly up since last year. Following the real estate market decline in 2007 in the U.S., Graph Credits: Realtor.com.

Marketing 111
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Bakersfield Housing Market: Prices | Trends | Forecast 2021-2022

Marco Santarelli

Trulia has 1,445 resale and new homes for sale in Bakersfield, CA, including open houses, and homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The median sales price for homes in Bakersfield for Apr 11 to Jul 10 was $240,000 based on 1,474 home sales. Graph Credits: Trulia.com.

article thumbnail

Philadelphia Real Estate Market & Investment Overview 2021

Marco Santarelli

It is also the first time that the supply of homes available for purchase has fallen below 3,000 housing units for sale. Day On Market. In a market that is considered “balanced,” the housing market predicts that the average days on market (DOM) for a home is 65 days. Bank Owned.

Marketing 126
article thumbnail

Las Vegas Real Estate Market 2020 Overview

Marco Santarelli

Las Vegas Realtors reported that short sales and foreclosures combined accounted for 2.7% of all existing local property sales in January 2020. of all sales one year ago, 4.3% In July, with forbearance's in play Las Vegas the lowest amount of foreclosures and short sales in the history of Las Vegas.

Marketing 128
article thumbnail

Orlando Real Estate Market & Investment Overview 2020

Marco Santarelli

ORRA reported that sales of distressed homes (foreclosures and short sales) reached 79 in July and are 27.5% less than the 109 distressed sales in July 2019. Distressed sales made up 2.2% The average days on market is 76. Strong renter's market. of all Orlando-area transactions last month.

Marketing 126
article thumbnail

Phoenix Real Estate Market & Investment Overview 2020

Marco Santarelli

The average sales price is up +14.6% The median sales price is up +12.5% 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.

Marketing 135