Remove Banks Remove Days on market Remove Loans Remove New Construction
article thumbnail

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 110
article thumbnail

Boise Real Estate Market Trends & Investment Outlook

Marco Santarelli

Median days on market – 5 days (down 10 days). The extreme shortage of existing homes and increasing share of new home sales drove prices up. In Jan 2020, the share of new home sales in Ada County increased by 8.2% About 40% of all home sales were new constructions. compared to last year.

Marketing 138
Insiders

Sign Up for our Newsletter

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

article thumbnail

San Antonio Real Estate Market & Investment Overview 2020

Marco Santarelli

Many variables could potentially impact the value of a home in San Antonio 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 124
article thumbnail

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
article thumbnail

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
article thumbnail

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
article thumbnail

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