Real Estate Trends February 2020

By
Real Estate Agent with Berkshire Hathaway Home Services Crest CDRE #01044712

On March 5, 2020, Realtor.com reported that nationwide median list price of a home was $310,000 in February of 2020 gained from $300,000 in January of 2020, and rose 3.9% from in February of 2019.

Houses stayed 80 days in the market in February of 2020 higher from 83 days in January of 2020, but down 4.0% from 84 days in February of 2019.

There were 1,042,037 listed inventory of homes in February of 2020, decreased from January of 2020, and fell 15.3% from homes listed in the market in February of 2019 according to Realtor on March 5, 2020.

For complete more detailed information about Realtor.com’s real estate trends for February of 2020, please click HERE

Posted by

John Pusa

Real estate agent, Glendale, CA

Better way to buy and sell real estate

Berkshire Hathaway Home Services Crest

Office (818) 441-8881

Mobile (818) 441-8881

4005 Foothill Blvd.

La Crescenta, CA. 91214

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Rainmaker
1,003,065
Beth and Richard Witt
Long Island Cash Home Buyer - Huntington, NY
Long Island Cash Home Buyer 516-330-6940

Thanks for the good info... surprised to learn that the median list price was $310.00.

Mar 08, 2020 12:15 PM #1
Rainmaker
2,945,090
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

You are welcome Beth and Richard Witt glad you find the report very valuable, and I expected higher median list price too. Thanks for the comment.

Mar 08, 2020 03:28 PM #2
Rainmaker
514,381
Abby Stiller
REMAX Realty Group - Cape Coral, FL
Professional Bilingual Realtor (239) 284-8637

Great report John Pusa we have seen the increase in prices since last year, but now with the low interest rates people still able to afford them. 

Mar 08, 2020 07:05 PM #3
Rainmaker
2,945,090
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Thanks Abby Stiller glad you find the report very valuable. I agree, low interest rates will help many buyers able to afford homes. Thanks for the comment.

Mar 08, 2020 08:11 PM #4
Rainmaker
5,669,989
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Thank you very much, John, for sharing this report. 

Have an outstanding week.

Mar 09, 2020 04:28 AM #5
Rainmaker
2,945,090
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

You are welcome Roy Kelley glad you find the report very helpful. Have an outstanding week too.  Thanks for the comment.

Mar 09, 2020 04:22 PM #6
Rainer
227,603
Tracy Hawke, The Woodland Companies!
Woodland Management Service - Minocqua, WI
Wisconsin Forest Land Experts!

Thanks for the update on this community, all the best to you as you get many of these properties listed and sold.

Tracy

 

Mar 09, 2020 07:16 PM #7
Rainmaker
2,945,090
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

You are welcome Tracy Hawke, The Woodland Companies! glad you find the post very useful. All the best to you list and sell many properties in your area too. Thanks for the comment.

Mar 09, 2020 08:11 PM #8
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Rainmaker
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John Pusa

Your All Time Realtor With Exceptional Service
I will be very happy to assist you with your real estate needs.
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