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Median Home Price Moves (Devastatingly?) Higher

By
Real Estate Agent with Joe Manausa Real Estate 8508880888

The median home price continues moving higher at an unhealthy rate, and home sellers are now receiving higher values than ever before.

 

The median home report gives us the ability to forecast important metrics for both buyers and sellers. In today's video, we'll look at the median home price, median home value, and median home size in two separate ways.

Median Home Sales Report

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Joe Manausa Real Estate
1934 Dellwood Drive
Tallahassee, FL 32303
(850) 366-8917

Comments(9)

Mike Frazier
Carousel Realty of Dyer County - Dyersburg, TN
Northwest Tennessee Realtor

Joe, I really believe there will be a flood of foreclosures to hit the market since the moratoriums on evictions lifts come June 30th.

Jun 01, 2021 10:07 AM
Joe Manausa - Tallahassee, FL

Mike, I'm not so sure. Most banks are pushing deadline to end of year and gov't thinking about doing same. 

Jun 01, 2021 11:08 AM
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Hi Joe - not only the price of resales but also the price of building materials are hurting affordability.

Jun 01, 2021 06:42 PM
Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

I agree with you, Joe.  Home prices are moving "devastatingly" higher.  I can't imagine things will improve until builders begin to build again.  However, the cost of lumber and other building materials hinder that ability.

Jun 02, 2021 02:34 AM
Joe Manausa - Tallahassee, FL
Joe Manausa Real Estate - Tallahassee, FL
Tallahassee Real Estate

Amen Grant, Lumber was up 250% in May ... ouch!

Jun 02, 2021 02:35 AM
Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

CONGRATULATIONS Joe, on having this blog FEATURED in the Old Farts Club group!  

Jun 02, 2021 02:35 AM
Joe Manausa - Tallahassee, FL

Thanks (again) for the feature in the OFC Myrl

Jun 02, 2021 03:50 AM
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Hello Joe - Devastingly higher?  Hmm. . .time may tell and at least for now, time is not talking.  And if it were, that would be another story. . .  

Jun 30, 2021 07:11 AM
Anthony Acosta - ALLATLANTAcondos.com
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

Good  evening  Joe Manausa 

Thank  you  for  sharing  your  information  with  us  about  the  median  home  price  moves  (devastatingly?)  higher  

Jul 09, 2021 05:03 PM
Joe Manausa - Tallahassee, FL
Joe Manausa Real Estate - Tallahassee, FL
Tallahassee Real Estate

Thank you for stopping by and leaving a comment, Michael!

Sep 02, 2021 05:53 AM
Joe Manausa - Tallahassee, FL
Joe Manausa Real Estate - Tallahassee, FL
Tallahassee Real Estate

Thank you for stopping by and leaving a comment, Anthony!

Sep 02, 2021 05:54 AM