50 Largest Metro Combined Average Regional Housing Market Trends November Of 2023

By
Industry Observer CDRE #01044712

On November 30, 2023, Realtor.com reported the active listing inventory of homes in the Midwest down 2.3% in November of 2023 from November 2022; while new listed homes gained 2.6% in November of 2022 from November of 2021. The median list price of a home increased 5.7% in November of 2023 from November of 2022, and houses stayed 1 day less in the market in November of 2023, from November of 2022 in the Midwest.  

The active listing inventory of homes in the Northeast dropped 8.1% in November of 2023 from November of 2022; while new listed homes higher 3.1% in November of 2023 from November of 2022. The median list price of a home jumped 7.8% in November of 2023 from November of 2022, and houses stayed 4 days more in the market in November of 2023, from November of 2022 in the Northeast.

The active listing inventory of homes in the South up 3.7% in November of 2023 from November of 2022; while new listed homes grew 3.4% in November of 2023 from November of 2022. The median list price of a home rose 3.2% in November of 2023 from November of 2022, and houses stayed 2 days less in the market in November of 2023, from November of 2022 in the South.

The active listing inventory of homes in the West fell 19.97% in November of 2023 from November of 2022; while new listed homes gained 2.7% in November of 2023 from November of 2022. The median list price of a home higher 6.4% in November of 2023 from November of 2022, and houses stayed 6 more days in the market in November of 2023, from November of 2022 in the West.

For complete more detailed information about Realtor.com’s regional real estate trends for November of 2023, please click HERE

Posted by

John Pusa

Better way to buy and sell real estate

Office (818) 441-8881

Mobile (818) 441-8881

Comments (12)

Endre Barath, Jr.
Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

I love how you keep up with all the platforms John Pusa  wishing you buyers and sellers from this post, Endre

Dec 10, 2023 09:25 PM
Bill Salvatore - East Valley
Arizona Elite Properties - Chandler, AZ
Realtor - 602-999-0952 / em: golfArizona@cox.net

Thank you for sharing this very detailed report. Wishing you continued

success. Have a wonderful day and sell a house. Bill

Dec 11, 2023 04:14 AM
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning John. You are the source of the source for detailed market information. People should seek your counsel if considering selling in your marketplace and relocating to another region. Knowledge is power. Enjoy your day.

Dec 11, 2023 04:28 AM
Richard Weeks
Dallas, TX
REALTOR®, Broker
Great information, thanks for sharing.  I hope you have a great day.
Dec 11, 2023 05:20 AM
Brian England
Ambrose Realty Management LLC - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

Interesting stats, things in the big city are definitely different than they are in smaller cities.

Dec 11, 2023 05:23 AM
Roy Kelley
Retired - Gaithersburg, MD

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

Have a great day and an outstanding week.

Dec 11, 2023 10:22 AM
John Pusa
Glendale, CA

Hello Endre Barath, Jr. glad to know you love how I keep up with all the platforms, thank you for great wishes and recommending me buyers and sellers from this post. Thanks for the comment.

Dec 11, 2023 02:19 PM
John Pusa
Glendale, CA

Hello Bill Salvatore - East Valley you are welcome, and glad you find this very detailed report very helpful to share with everyone. Thank you, wishing you continued success, have a wonderful day and sell a house too. Thanks for the comment.

Dec 11, 2023 02:22 PM
John Pusa
Glendale, CA

Good afternoon Wayne Martin thank you the confidence that I am source of the source for detailed market information, and recommending that people should seek my counsel if considering selling in my marketplace and relocating to another region. I agree, knowledge is power. Thank you, and enjoy your day too. Thanks for the comment.

Dec 11, 2023 02:26 PM
John Pusa
Glendale, CA

Hello Richard Weeks you are welcome, and glad you find the report very informative. Thank you, and I hope you have a great day too. Thanks for the comment.

Dec 11, 2023 02:28 PM
John Pusa
Glendale, CA

Hello Brian England glad you find the stats very interesting stats. You are right, things in the big city are definitely different than they are in smaller cities. Thanks for the comment.

Dec 11, 2023 02:30 PM
John Pusa
Glendale, CA

Hello Roy Kelley you are very welcome, and glad you find this report very helpful. Thank you, have a great day and an outstanding week too. Thanks for the comment.

Dec 11, 2023 02:32 PM