On September 5, 2024, Realtor.com reported the active listing inventory of homes in the Midwest jumped 23.1% in August of 2024 from August of 2023; while new listed homes lower 4.7% in August of 2024 from August of 2023. The median list price of a home unchanged 0.0% in August of 2024 from August of 2023, and houses stayed 3 days more in the market in August of 2024, from August of 2023 in the Midwest.
The active listing inventory of homes in the Northeast rose 13.9% in August of 2024 from August of 2023; while new listed homes down 1.5% in August of 2024 from August of 2023. The median list price of a home increased 4.3% in August of 2024 from August of 2023, and houses stayed 2 days more in the market in August of 2024, from August of 2023 in the Northeast.
The active listing inventory of homes in the South jumped 45.6% in August of 2024 from August of 2023; while new listed homes gained 5.2% in August of 2024 from August of 2023. The median list price of a home decreased 1.5% in August of 2024 from August of 2023, and houses stayed 9 days more in the market in August of 2024, from August of 2023 in the South.
The active listing inventory of homes in the West rose 35.4% in August of 2024 from August of 2023; while new listed homes dropped 0.9% in August of 2024 from August of 2023. The median list price of a home unchanged 0.0% in August of 2024 from August of 2023, and houses stayed 7 days more in the market in August of 2024, from August of 2023 in the West.
For complete more detailed information about Realtor.com’s regional housing trends for August of 2024, please click HERE
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