Housing Market Trends May Of 2023

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

On June 1, 2023, Realtor.com reported that nationwide median list price of a home was $441,000 in May of 2023, higher 0.9% from $430,000 in May of 2022.

There were 582,032 listed inventory of homes in May of 2023, rose 21.5% from 479,032, or 103,000 more homes listed in the market from May of 2022. New listed homes declined 22.7% in May of 2023 from May of 2022.

Houses stayed 43 days in the market in May of 2023, increased 16.0%  or 14 days from 29 days in May of 2022 according to www.realtor.com/research/may-2023-data/ on June 1, 2023.

For complete more detailed information about Realtor.com’s real estate trends for May of 2023, 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

Comments (12)

Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning John. I need a spin doctor to tell me how these numbers support the news of real estate being in the toilet. Thanks for the facts that things ore OK. Enjoy your day.

Jun 03, 2023 05:37 AM
Kristin Johnston - REALTOR®
RE/MAX Platinum - Waukesha, WI
Giving Back With Each Home Sold!

Great post!  Thanks for sharing and enjoy your day!

Jun 03, 2023 06:46 AM
Roy Kelley
Retired - Gaithersburg, MD

Good Saturday morning, John.

Have a great day and an outstanding weekend.

Jun 03, 2023 07:38 AM
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello John and thank you for sharing your blog with us here in the Rain.  Make it a great Saturday!

Jun 03, 2023 08:36 AM
Brian England
Ambrose Realty Management LLC - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

Those numbers certainly indicate a trend, but I am not one that usually follows the trends, haha.

Jun 03, 2023 09:22 AM
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Good morning Wayne Martin I agree, we need a spin doctor to tell us how these numbers support the news of real estate being in the toilet. You are welcome, and thanks for the facts that things ore OK. Thank you, and enjoy your day too. Thanks for the comment.

Jun 03, 2023 11:08 AM
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

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

Jun 03, 2023 11:09 AM
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Good Saturday morning to you too Roy Kelley. Thank you, have a great day and an outstanding weekend as well. Thanks for the comment.

Jun 03, 2023 11:10 AM
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Hello Will Hamm you are welcome, and glad you find my blog with very helpful to everyone here in the Rain. Thank you, and make it a great Saturday too. Thanks for the comment.

Jun 03, 2023 11:12 AM
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Hello Brian England you are right, those numbers certainly indicate a trend, you and many others usually don't follows the trends, haha. Thanks for the comment.

Jun 03, 2023 11:13 AM
Endre Barath, Jr.
Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

I love the trend but I am more of a local micro market type Realtor...Endre

Jun 03, 2023 10:28 PM
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Hello Endre Barath, Jr. glad to know you like the trends, despite you are micro market type Realtor. Thanks for the comment.

Jun 04, 2023 09:56 AM