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Multiple Offers May Ease With Uptick in Listings

RIS Media

Pent-up demand led to big month-over-month gains in pending sales and more shrinkage in overall supply. No surprise,” he continued, “the result was a 31% increase in pending home sales month-over-month, as well.”. Closed sales also reflected 2022’s slower start compared to a year ago. A year ago, the average rate was 2.81%.

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Phoenix Real Estate Market & Investment Overview 2020

Marco Santarelli

It could only pause sales, which in turn created a huge pent up demand. In July & August, the Phoenix was a hot seller’s real estate market, which means there were roughly more buyers than there were active homes for sale. The annual real estate appreciation rate is in double digits. in a single month, and up 12.5%

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Naples Real Estate Market & Investment Overview 2020

Marco Santarelli

percent increase in pending sales for the month. Total sales (closed) during July increased 35.4 Data by Realtor.com also corroborates that in July 2020, the Naples housing market was a seller’s market, which means there were roughly more buyers than there were active homes for sale. percent year over year. This was a 27.5

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Las Vegas Real Estate Market 2020 Overview

Marco Santarelli

According to the association of local realtors (LVR), July had the most amount of home sales since 2017 with more than 4,000 existing homes sold. In July, the median sales price of previously owned single-family homes, which comprises of the bulk of the Southern Nevada's housing market, increased to $330,000, a year-over-year increase of 8.9

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