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Housing Market Trends July 2022

By
Industry Observer CDRE #01044712

On August 9, 2022, Realtor.com reported that nationwide median list price of a home was $449,000 in July of 2022, rose 16.6% from July of 2021.

There were 747,526 listed inventory of homes in July of 2022, jumped 30.7% or 176,000 more homes listed in the market from July of 2021.

The new listed homes down 2.8% in July of 2022 from July of 2021.

Houses stayed 35 days in the market in July of 2022, dropped 4.0% from 37 days in July of 2021.

For complete more detailed information about Realtor.com’s real estate trends for July of 2022, please click HERE

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John Pusa

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Show All Comments
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Hi John - the different localities add the the mix.  There are still some where inventory has not gone up substantially.

Aug 10, 2022 06:27 AM
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning John. Here in downtown Chicago time on the market has definitely gone up over the last few months. Enjoy your day.

Aug 10, 2022 06:31 AM
Ray Henson
eXp Realty of California, Inc. (lic. #01878277) - Elk Grove, CA
Realtor

Our market here in Elk Grove reflect the same thing, prices up year over year, but supply way up too.  Buyers have options again.

Aug 10, 2022 06:49 AM
Kristin Johnston - REALTOR®
RE/MAX Platinum - Waukesha, WI
Giving Back With Each Home Sold!

Great information.   Thanks for sharing and enjoy your day!

Aug 10, 2022 07:22 AM
John Pusa
Glendale, CA

Hi Grant Schneider you are right, the different localities add the mix, and there are still some where inventory has not gone up substantially. Thanks for the comment.

Aug 10, 2022 01:46 PM
John Pusa
Glendale, CA

Good afternoon Wayne Martin interesting that in downtown Chicago time on the market has definitely gone up over the last few months. I like Chicago Downtown. Thank you, and enjoy your day too. Thanks for the comment.

Aug 10, 2022 01:50 PM
John Pusa
Glendale, CA

Hello Ray Henson good to know, your market in Elk Grove reflect the same thing, prices up year over year, but supply way up too. Very true, buyers have options again. Thanks for the comment.

Aug 10, 2022 01:53 PM
John Pusa
Glendale, CA

Hello Kristin Johnston - REALTOR® you are welcome, and glad you find the report very informative. Enjoy your day too! Thanks for the comment.

Aug 10, 2022 01:54 PM
Brian England
Ambrose Realty Management LLC - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

It seems crazy that the median price is so high, that certainly makes it difficult for those that need something more affordable.

Aug 11, 2022 05:27 AM
John Pusa
Glendale, CA

Hello Brian England you are right, it seems crazy that the median price is so high, which makes it difficult for those that need something more affordable. Thanks for the comment.

Aug 11, 2022 03:34 PM
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