Real Estate Market Trends

  Local Market Update  Ala Moana & Kaka'ako Honolulu, March 2024   Single Family Homes March Year to Date 2024 / 2023 Change% 2024 / 2023 Change% Closed Sales 1 / 0  0%  2 / 0  0%  Median Sales Price $1.1M/ $0   0%  $1M / $0   0% Percent of Original List Price Received 96.5% / 0.0%  0% 94.7% / 0.0%  0% Median Days on Market Until Sale 38 / 0  0% 38 / 0  0% New Listings 1 / 0  0% 2 / 1  100% Pending Sales 0 / 1  -100% 2 / 1  100% Active Inventory 4 / 0   0% ---    Condos March Year to Date 2024 / 2023 Change% 2024 / 2023 Change% Closed Sales 38 / 55  -31%  96 / 124  -23%  Median Sales Price $747,000 / $830,000  -10% $624,250 / $645,000  -3% Percent of Original List Price Received 95.5% / 95.9%  0% 96.2% / 96.6%  0%    Median Days on Market Until Sale 92 / 39  136% 45 / 41  10% New Listin... 04/19/2024

04/19/2024

On April 8, 2024, Realtor.com reported that in Altadena, California median list price was $1,298,995 in March of 2024 higher from $1,213,500 in February of 2024, and rose 8.0% from $1,199,495 in March of 2023. While, median sales price for a home and a condo was $1,200,000 in March of 2024, declined 1.0% from March of 2023 in Altadena, California.Houses stayed 37.00 days in the market in March of 2024 unchanged from 37.00 days in February of 2024, and decreased from 49.00 days in March of 2023 in Altadena, California.The median listing price per square foot of a home and a condo was $769.00 in March of 2024 gained from $741.00 in February of 2024, and jumped 14.0% from $662.00 in March of 2023 in Altadena, California.For complete more detailed information about Realtor.com’s latest home... 04/18/2024

Welcome back to our weekly market update, where we take a closer look at the latest happenings in the real estate world. Let's dive right in and see what's been shaking up the scene this week.Contracts on the RiseIt's official - contracts are on the rise, and they're exceeding numbers from last year. For the week ending April 14, new contracts surpassed those from the same week in 2023 by a solid 10.4%. And that's not all - there was a whopping 15.4% jump in new pending contracts compared to just last week.Canceled Listings on the RadarHere's the scoop: canceled listings are spiking, surpassing last year's numbers. With 332 canceled listings in the Bright MLS service area this week, that's a hefty 19.9% surge from the same week last year. Sellers might be hitting pause, waiting for the ... 04/18/2024

On April 17, 2024, California Association of Realtors (C.A.R) reported an annualized rate of 267,470 single family homes sold in California in March of 2024 fell 7.8% from 290,020 in February of 2024, and declined 4.4% from 279,700 home sales in March of 2023.The single family homes values were higher 6.0% to the price of $854,490 in March of 2024 from price of $806,490 in February of 2024, and increased 7.7% from price of $793,260 in March of 2023 in California.There were 2.6 months supplies of available inventory of single family homes in March of 2024, down from 3.0 months in February of 2024, but up from 2.1 months in March of 2023.An average it took 19.0 days to sell a single family home in March 2024, lower from 22.0 days in February of 2024, and dropped from 24.0 days in March of... 04/18/2024

 If you are interested in finding out the value of YOUR home,  call 772-485-4188 or visit my site at SEE WHAT YOUR HOME IS WORTH:https://annachroscicki.remax.com/seller/valuation/ Anna Chroscicki with REMAX Masterpiece1775 SW Gatlin Blvd Ste 101, Port Saint Lucie, FL, 34953Visit www.annasellsrealestate.comCall or Text- 772.485.4188 04/17/2024

On April 8, 2024, Realtor.com reported that in Baldwin Park, California median list price was $692,500 in March of 2024 lower from $699,900 in February of 2024, but rose 6.0% from $649,888 in March of 2023. While, median sales price for a home and a condo was $721,000 in March of 2024, jumped 10.0% from March of 2023 in Baldwin Park, California.Houses stayed 35.00 days in the market in March of 2024 decreased from 37.00 days in February of 2024, and declined from 49.00 days in March of 2023 in Baldwin Park, California.The median listing price per square foot of a home and a condo was $526.00 in March of 2024 up from $521.00 in February of 2024, and gained 6.0% from $495.00 in March of 2023 in Baldwin Park, California.For complete more detailed information about Realtor.com’s latest home... 04/17/2024

  Local Market Update  Waikiki Honolulu, March 2024   Single Family Homes March Year to Date 2024 / 2023 Change% 2024 / 2023 Change% Closed Sales No Recorded Sales No Recorded Sales Median Sales Price $0 / $0  0% $0 / $0  0% Percent of Original List Price Received 0 / 0%  0% 0 / 0  0% Median Days on Market Until Sale 0 / 0  0% 0 / 0  0% New Listings 0 / 0  0% 0 / 0  0% Pending Sales 0 / 0  0% 0 / 0  0% Active Inventory 0 / 0  0% ---    Condos March Year to Date 2024 / 2023 Change% 2024 / 2023 Change% Closed Sales 82 / 97  -15% 237 / 251   -6% Median Sales Price $440,000 / $470,000  -6% $435,000 / $403,750  0% Percent of Original List Price Received 97.9% / 97.3%  1%  97.0% / 97.0%  0% Median Days on Market Until Sale 33 / 31  6% 36 / 27  33% New Listings 170  / 150  13% 446  / 379  18% ... 04/17/2024

Aloha! This is David Buck with Harcourts Island Real Estate. Today is another Wednesday and we're going to cover another episode of We Need Inventory. The neighborhood of discussion today is Waialae Golf Course neighborhood. Every year I do a blog on the Sony Open and the homes along the golf course. Traditionally, every year there's several for sale... Read More 04/17/2024

Follow the housing market in the San Antonio Texas area, Major cities in Texas and the Uvalde County areas for March 2024. Total Sales were 3,244. Average sales price of homes in San Antonio was $370,824, and the median sales price was $310,223.We are still slightly in a seller's market with homeowners getting 94.4% of listed price. Days on the market was up to 79 days, and the inventory of available homes was at 4.4 months. Price per square foot was $178. Residential rentals are now averaging $1820/month. Travis County in the Austin, TX area still shows the highest cost for residential housing, with Dallas and Harris counties following. Bexar County has the lowest cost for median prices.  Uvalde County is now a member of the San Antonio Board of REALTORS. More affordable housing is loc... 04/17/2024

On April 8, 2024, Realtor.com reported that in Rosemead, California median list price was $982,000 in March of 2024 higher from $899,450 in February of 2024, and rose 5.0% from $932,800 in March of 2023. While, median sales price for a home and a condo was $935,000 in March of 2024, jumped 23.0% from March of 2023 in Rosemead, California.Houses stayed 27.00 days in the market in March of 2024 decreased from 35.00 days in February of 2024, and declined from 57.00 days in March of 2023 in Rosemead, California.The median listing price per square foot of a home and a condo was $599.00 in March of 2024 increased from $550.00 in February of 2024, and gained 8.0% from $582.00 in March of 2023 in Rosemead, California.For complete more detailed information about Realtor.com’s latest homes and a ... 04/16/2024

🏡 Exciting News for Homebuyers in Chesapeake, VA! 🏡Looking to buy your dream home without breaking the bank? We've got you covered! Melinda Swager, Chandu Nisar, Alicia Rivas, Erika Stewart, and myself have just released a must-watch video highlighting 5 neighborhoods priced under $250,000 in the 23320 zip code.Join us as we take you on an exclusive tour of Creekside, Willow Pointe, Lakewood, Queens Gate, and Harbor Watch. Discover the charm, amenities, and unbeatable value these communities have to offer!But wait, there's more! Stick around until the end for invaluable insights from Brandon Blalock with Southern Trust Mortgage, who breaks down the affordability of a $250,000 home with an FHA loan. Learn how much you need to make to qualify and take the first step towards homeownership ... 04/16/2024

This week saw a spike in mortgage rates, which should worry buyers in the midst of the competitive spring real estate market.According to Freddie Mac, the average rate on a 30-year fixed home loan increased from 6.82% to 6.88% during the week that ended on April 11.“Mortgage rates have been drifting higher for most of the year due to sustained inflation and the reevaluation of the Federal Reserve’s monetary policy path,” Sam Khater, Freddie Mac’s chief economist, said in a statement.For the week ending April 6, home sellers were pushing ahead despite the ongoing rocky path of mortgage rates.According to Realtor.com® economist Jiaya Xu's most recent analysis, "many sellers are actively listing their homes this spring, with the number of newly listed homes up by 30.1% from a year ago."In ... 04/17/2024

What’s the Value of my Escondido Home?Escondido Homes Sales for March 2024 Escondido is an inland community, around 20 miles from the beaches, bordering San Marcos and Fallbrook in North San Diego County. It’s essential that buyers and sellers in the Escondido housing market are well informed about the current local market conditions (Read More: Real Estate Is Local…But HOW Local?) so they can make educated buying and selling decisions about Escondido homes for sale. READ MORE:A Tour of Escondido – A Diverse Inland San Diego Community The following data are from the MLS (private sales are not included, nor are multifamily properties, or mobile and manufactured homes). The information is believed reliable at the time this market report was written but is not guaranteed. 105 homes sold in... 04/16/2024

04/15/2024

Summer is the best time to sell a home and April is a good month to put a home on the market. In other words, April is a "Good time to get out of Dodge", as old Wyatt Earp in Tombstone Arizona might have said when leaving his former position as Marshall in the wild Dodge City, Kansas. Sometimes it is obvious that it is just TIME TO MOVE ON! Wyatt moved on to Arizona, maybe you should as well? (photo: Wyatt Earp, age 33)OK, as REALTORS® we have heard those "magic" words before. (Magic Words? Photo-Robin Higgins, Pixabay). The words that tell us that our potential client is REALLY ready to move and buy a new home. Yes, they have been thinking about moving but something happens in their life, job, neighborhood whatever it may be that causes them to finally say:WE'VE GOTTA GET OUT OF THIS P... 04/15/2024

Los Angeles, CA 90046 - Hollywood Hills-Sunset StripMon Apr 15 2024This week the median list price for Los Angeles, CA 90046 - West Hollywood is $3,197,000 with the market action index hovering around 31. This is about the same as last month's market action index of 31. Inventory has increased to 80. Market SegmentsEach segment below represents approximately 25% of the market ordered by price. Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM $6,895,000 4,774 0.25 - 0.5 acre 5 5.5 29 2 1 94 $3,985,000 3,781 6,500 - 8,000 sqft 4 5 25 2 3 112 $2,695,000 2,742 8,000 - 10,000 sqft 4 3 68 2 5 49 $1,860,000 1,630 4,500 - 6,500 sqft 3 2 76 4 2 42 In the last few weeks, the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently ... 04/15/2024

What's the Value of My La Jolla Home? La Jolla Homes Sales for March 2024 La Jolla is one of the more expensive real estate markets in San Diego County on average. If you tour La Jolla online (see link below), or visit in person, you’ll see why this is so. As a seller or buyer in La Jolla, having current local market information about La Jolla homes for sale benefits you when you need to make informed decisions about buying and/or selling your La Jolla home. La Jolla is an attractive coastal community with many homes offering beautiful views of the ocean from the hills or shoreline. There is an up-scale village offering top-notch shopping, dining, and services. La Jolla has sometimes been compared to the French and Italian Rivieras due to the wonderful ocean and coastline vistas, specta... 04/15/2024

  Valencia Real Estate Market Report for March 2024 shows what happened in each Valencia in Delray Beach, Boynton Beach and Lake Worth, Florida for that month.We had a busy winter in south Florida.  It was was quiet at first, and then things took off.  Several factors were involved, I believe, which caused buyers to stop in their tracks and then reconsider.We have more inventory than we've seen in a long time.  There has been a lot of talk about insurance and homes needing new roofs.  This is still true and has been happening in Florida the past few years.If a home has a new roof or is in the process of getting a new roof - it takes time to get permits and order roof tiles - the home will likely sell.  Of course, you still have to think about location and what the rest of the house look... 04/15/2024

Live presentation by Joe Manausa, MBA to the Building Industry Association of the Big Bend at Capital City Country Club March 28, 2024.What To Expect From The 2024 Housing Market Please remember to "like" the post and the video on YouTube too! Thank you. 🏡  Link to all homes for sale in Tallahassee 📺 Subscribe To The Joe Manausa Real Estate Channel and Get More Housing Market Reports, Listings, Real Estate Marketing Tips, and answers to your frequently asked questions. 📘 Get the DIGITAL MARKETING BOOK Written by a Realtor for Realtors! 04/15/2024