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Brand Report: Three Months of Record-Breaking Home Sales

RIS Media

The streak of record-shattering home sales stretched to three months in September, as closings rose 21.1 On average, homes sold in a mere 39 days—a full week faster than in September 2019. percent year-over-year as the number of homes on the market dropped to an all-time low in the 13-year history of the report. Nashville, Tenn.,

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Here’s the key to being an empowered real estate professional in 2022

Housing Wire

What matters for your market (wherever you are) is what patterns are developing near you. new listings, sold listings, days on market, off-market listings?—?will the trends and patterns that are unique to your market and will allow you to?identify?any Being a market expert helps your brand? ?.

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Brand Report: RE/MAX Reports May Home-Sales Slump

RIS Media

Sales dipped 0.2% drop in listed homes at a time of year when active inventory is normally building for peak summer sales months. But two other metrics confirm that the frenzied seller’s market marches on: Months supply of inventory dropped to 1.1 months and homes changed hands in a mere 28 days. May’s 1.1

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Brand Report: July Home Sales Jump 8.7% Despite Low Inventory, Ending Recent Skid

RIS Media

In a significant upward shift, July home sales rose 8.7% over July 2019, halting a streak of year-over-year sales declines triggered by the COVID-19 pandemic. July’s market was blistering hot despite the lowest Months Supply of Inventory (1.7 Seven months into 2020, home sales are just 4.8% year-over-year.

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Brand Report: RE/MAX National Housing for August 2021

RIS Media

August home sales dropped 3.5% from July’s total—and the median sale price slipped 1.2% Despite these drops, August still almost broke records for home sales signaling a still-hot market. August’s low number of days on market (24) and meager months supply of inventory (1.3) Home sales dropped 3.5%

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RE/MAX Brand Report: National Housing in April 2021

RIS Media

On average, April home sales took just 32 days from listing to going under contract, while the median sales price rose to $320,000—both new records in the 13-year history of the report. April home sales in the report’s 53 metro areas were up 5.3% In contrast, home sales in 2020 dropped 13.7% from 2015-2019.

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Brand Report: RE/MAX National Housing Report for January 2021

RIS Media

Despite record low inventory, January home sales posted a 13.5% That followed four consecutive months of year-over-year sales increases of 19% to 22% on the heels of pandemic lockdowns. – The median sales price of $285,000 was a record for the month of January and 11.8% increase over a year ago. higher than January 2020.