Median home-sale price reaches all-time high of $335,613

Inman

Although the market is currently red-hot, Redfin's latest report released on Friday revealed that homebuyers may give up as home prices continue to grow.

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Home sales experienced record gains in October: Redfin

Inman

Home sales shot up 24 percent in October from the previous year on a seasonally adjusted basis, the largest increase since Redfin began tracking the data in 2012.

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Existing-home sales continue to rise for fifth consecutive month: NAR

Inman

Existing-home sales in October 2020 were up 4.3 percent from the previous month and up 26.6 percent from one year ago, according to a report from the National Association of Realtors.

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March was the hottest month in housing history

Inman

Agent Markets & Economy days on market home price growth March 2021 home sales march home sales median home sale price new listings RedfinThe median home price rose 17 percent annually to $353,000, according to Redfin's March housing report.

September was a record-breaking month for prices, sales and speed

Inman

Rising home prices, increasing sales and fewer days on market characterized a historic September in the United States, according to a report issued Monday by Redfin.

December home value growth shatters records: Zillow

Inman

Markets & Economy Select austin boston chicago home value growth Jeff Tucker los angeles low inventory market low mortgage rates median days on market pending sales phoenix rent growth rental market salt lake city san diego san jose seattle Sun Belt washington d.c.

Homes sold faster in October than September for first time since 2011

Inman

Markets & Economy Select danielle hale days on market fall homebuying season home prices home sales realtor.comFor the first time in nine years, homes sold faster in October than September as low-interest rates continue to unlock pent-up buyer demand.

More than half of all existing homes sold above asking price in May

Realty Biz

has forced numerous home buyers into bidding wars on the few available listings they can find, and as a result, more than half of all existing homes sold for above their list price in the four-week period ending May 23. Dozens of other sales records were set in the period too.

Going, Going, Gone! Homes Are Selling the Fastest in These Markets

Realtor.com

Searching for a house can feel like a full-time job these days—an adrenaline-fueled, palpitation-inducing job at that. It might seem like no matter where you look, homes are selling quicker than before the COVID-19 pandemic turned the market on its head.

Not Too Big, Not Too Small: The Sweet Spot for Luxury Home Sellers

Realtor.com

Last year, homes in the top 1% by price nationwide that measured between 5,000 and 10,000 square feet were on the market for an average of 97 days before selling. They’re just flying off the market.”. But even in this hot market, correct pricing is still critical.

The ugly side of housing: low inventory

Housing Wire

After eight months of consecutive gains, the consequences of low inventory finally caught up with the housing market in February. The NAR’s pending home sale index managed to fall below 100 in the Northeast (92.3) Although existing home sales dipped 6.6%

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Pending Home Sales Slip 10.6% in February

RIS Media

Demand is booming and mortgage rates are still low, but pending home sales continued to contract in February due to a razor-thin inventory, according to the latest report from the National Association of REALTORS® (NAR). The post Pending Home Sales Slip 10.6%

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Sarasota's 10 Most Expensive Sales in 2020

Dwell

In March, Realtors felt certain COVID-19 was going to soften and slow down the market but quite the opposite happened. In fact, these top 10 sales averaged a higher sale price and square footage than the top sales we blogged about in 2019. Now that 2020 is in our rear view mirror, let's take a look at some of the largest sales to take place last year. 2020 was an unforgetable year and a rollercoaster from start to finish.

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

Existing-Home Sales: March Posts Second Consecutive Monthly Decline

RIS Media

March experienced a decline in existing-home sales—the second consecutive dip, according to the National Association of REALTORS® (NAR). Year-over-year, existing-home sales increased 12.3%; however, since last month, total existing-home sales decreased 3.7%

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These Sales Tell Tales!

Toronto Realty Blog

So far this year, we’ve talked a lot about bullishness in the Toronto real estate market and optimistic outlooks through multiple segments of the housing market, and with that always comes arguments to the contrary. How’s the condo market doing? TorontoRealtyBlog.

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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. September sales were only 3.3 Median Sales Price – Median of 53 metro median prices.

COVID couldn’t stop the U.S. housing market in 2020

Housing Wire

Today the National Association of Realtors reported existing home sales for the month of December were at 6,760,000, a beat of estimates. This also closed the books on 2020’s housing market as we finished out the year at 5,640,000 total existing-home sales — a 5.6%

The housing market is hot, but not in a bubble

Housing Wire

Existing home sales came in at a whopping 6,850,000 , beating estimates with the highest print since 2006. Days on market fell from 36 days to 21 days on a year-over-year basis. The housing market is hot.

Brand Report: RE/MAX Says Home Sales Sizzle Amid All-Time Low Inventory, Rising Prices

RIS Media

home sales continued in August, reaching record levels for the month, according to RE/MAX. August also set new report records for lowest inventory and days on market as well as highest median sales price. Year-over-year, home sales rose 4.3

Samini Razban Group of FirstTeam/Christie’s International Close Record Sale of Bonita Canyon Estate for $3.795 Million

First Team Real Estate

We received multiple strong offers within the first couple of days on market – some after only a few hours of showings on the first day,” explains Maryam. 1] This representation is based on information from CRMLS, for the period through 04/21/2021.

5 Tips to Maximize Your Home Sale

Luxury Real Estate Blog

In a hot market like the Front Range real estate market for homes, properties are selling quickly. According to the National Association of Realtors (NAR), homes are typically on the market for just 18 days nationally.

The Typical Home Pending Sale Is 3.7% Bigger Than Last Year, Sales of Large Homes Up 21% as People Seek More Space Amid Pandemic

Redfin

The typical home that went off the market during a similar time period last year (the four weeks ending August 11, 2019) was 1.7% We delved into July housing market data to analyze whether homebuyer interest in additional space has translated to a hotter housing market for bigger homes.

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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 July set a report record for most home sales in any month among the report’s 53 metro markets. Seven months into 2020, home sales are just 4.8% July’s Median Sales Price of $285,000 is up 8.6%

The Holy Grail for a Swift Sale: 7 Tips to Sell Your House Fast in Charleston

HomeLight

The Holy City’s population continues to swell with an increasing number of out-of-state homebuyers entering the market to enjoy the laid-back Lowcountry lifestyle. The charm of Charleston: An overview of the real estate market. In 2020, homes sold 22 days faster for 7.4%

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Pending Home Sales Fall, But Home Prices Strong

RIS Media

According to Zillow’s Weekly Market Report , pending home sales fell for the second consecutive week; however, they are still above last year’s levels. Week-over-week, newly pending sales fell 0.9 Despite falling pending home sales this past week, other market indicators show a hot market. In terms of days on market, last week, homes were typically on the market for 14 days—11 days faster than last year.

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Condo Prices Down 1.4% in June, Sales Down 31%, But Demand Is Ticking Up

Redfin

Condo sale prices nationwide dropped 1.4% Contrast that with single-family homes, which saw their median sale price rise 2.6% Market Summary, June 2020. Median sale price $252,000 $322,000. Median sale price, YoY -1.4% Median days on market 43 39.

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Will the Housing Market Maintain Its Momentum?

Keeping Current Matters

Last week’s Existing Home Sales Report from the National Association of Realtors (NAR) shows sales have dropped by 3.7% This is the second consecutive month that sales have slumped. Some see this as evidence that the red-hot real estate market may be cooling.

Priced to Win: How Listing Price Can Make or Break Your Sale!

The Living Room

When placing a home on the market, especially in an area where prices are going up and buyers are competing for homes, it may be tempting to list optimistically at the higher end of the scale. The goal should always be to achieve true market value!

3 Graphs Showing Why You Should Sell Your House Now

Keeping Current Matters

There’s no doubt that 2021 is the year of the seller when it comes to the housing market. Low mortgage rates are in your favor when you’re ready to purchase your dream home, and high buyer demand may give you the leverage you need to negotiate the best contract terms on the sale of your house.

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Signs of Frenzy

BubbleInfo

Record-high sales. We’ll never see this many July sales again. Last month’s average days-on-market was 38 days, and the median was 14 days! […]. The post Signs of Frenzy appeared first on bubbleinfo.com.

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%

Nearly 400K Fewer Homes Listed Due to the Pandemic

Dwell

Since the beginning of the COVID pandemic in March, nearly 400,000 fewer homes have been listed on realtor.com compared to last year, according to realtor.com’s Weekly Housing Report from Sept. As a result, realtor.com home prices are accelerating at twice the pace they did last year, and homes are selling an average of 12 days faster. In Florida, the listing decline on realtor.com ranges from a 14.9 On average, U.S. How much has the U.S. housing inventory declined?

Americans Hit the Brakes on Home-Buying Activity Last Month, Previewing a Challenging Spring Season

Realtor.com

halbergman / Getty Images The numbers: Far fewer Americans signed deals to purchase homes in February than economists expected, a reflection of the impact of the falling inventory of homes for sale and the rapid rise in mortgage rates. The index of pending home sales fell 10.6% The index captures real-estate transactions where a contract was signed but the sale has not yet closed, making it an indicator of where existing-home sales will go in the months ahead.

Brand Report: RE/MAX Releases February National Housing Data

RIS Media

The median home price reached $291,000 in February—the highest in the 13-year history of the report—while sales set a new high for the month and inventory continued to drop to record lows. The record February home sales were up 5.7% Median Sales Price – Median of 53 Metro Median Prices.

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%

Pending in Scappoose!

The Living Room

My happy sellers listed their house in hopes of having a quick sale. They were excited to go pending on the second day on market due to receiving an offer they couldn’t refuse! appeared first on Living Room Realty.

Brand Report: RE/MAX March 2021

RIS Media

March home sales jumped by one-third over February’s total as demand from hordes of eager homebuyers pushed the median sales price above $300,000 for the first time in the 13-year history of the report. Meanwhile, the pace of sales accelerated—to the fastest rate on record for the month of March—dropping an already strained housing inventory to nearly half of what it was a year ago. Median Sales Price – Median of 53 Metro Median Prices.

Los Angeles County Real Estate Market Update | July 2020

First Team Real Estate

The most impressive metric from the Los Angeles County real estate market report is a jump in median sale prices. Single-family homes sale prices jumped up 14% from last year to a median of $799,000 in July.

Brand Report: RE/MAX National Housing Analysis for November 2020

RIS Media

The housing market continued its extraordinary half-year run of high activity, with November 2020 home sales up almost 20 percent over November 2019—establishing a new high for the month in the 13-year history of the report. ” Home sales continued to far outnumber new listings.