✨Market Insight✨ The start of the new year's first month has seen an increase in market time and large discounts from original asking prices in both single family homes and attached properties (condos/townhomes). This is common for the winter and holiday season as people generally prefer not to move during the months of December and January, historically. However, this presents a great opportunity for buyers who are in the market to take advantage of properties that have been a bit stagnant and with price reductions. We have seen this trend over the past half year in the Chicagoland housing market where we appear to be moving away from a "seller's market". Planning to buy this Spring, now may be an opportune time to engage. What do you think about these softening home values? #prospectequities® #realestatemarket #marketinsight
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🏡📈 Exploring a move? Get ahead with our latest market update on suburban Chicago homes for sale. Discover why this year's housing trends are diverging from the usual seasonal patterns. For buyers, a steadier stream of listings brings more choices. Sellers, despite the unique market dynamics, the inventory remains lower than pre-pandemic levels. Ready to seize the moment? Dive into the full insights! 🌟🔍 #HousingMarketTrends #SuburbanChicagoRealEstate #HomeBuyingSelling @Joanne Levicki with EXIT Realty 365
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𝙊𝙍 &𝙒𝘼 𝙍𝙚𝙖𝙡 𝙀𝙨𝙩𝙖𝙩𝙚 𝘼𝙜𝙚𝙣𝙩 | 𝖡𝗎𝗂𝗅𝖽𝗂𝗇𝗀 𝗅𝖺𝗌𝗍𝗂𝗇𝗀 𝖻𝗈𝗇𝖽𝗌:𝗐𝗁𝖾𝗋𝖾 𝗍𝗋𝗎𝗌𝗍 𝗆𝖾𝖾𝗍𝗌 𝗍𝖺𝗂𝗅𝗈𝗋𝖾𝖽 𝗋𝖾𝖺𝗅 𝖾𝗌𝗍𝖺𝗍𝖾 𝗌𝗈𝗅𝗎𝗍𝗂𝗈𝗇𝗌 | 𝖣𝗂𝗏𝗈𝗋𝖼𝖾 𝖲𝗉𝖾𝖼𝗂𝖺𝗅𝗂𝗌𝗍💔
📊 Portland Real Estate Market Update: Holiday Weekend Edition 📊 The Portland real estate market saw significant changes this week. New listings plummeted by 57.9%, from 164 to 69, indicating a tightening supply possibly due to seasonal trends or economic factors. Price reductions decreased by 14.3%, suggesting more accurate initial pricing or increased seller confidence. Pending homes fell by 11.9%, reflecting a slight cooling in buyer activity likely due to fewer new listings. Overall, the market shows a contraction in supply and a slight dip in demand, hinting at potential price increases if these trends continue. It’s crucial to watch these patterns in the coming weeks to see if they signify a longer-term shift. #PortlandRealEstate #MarketUpdate #RealEstateTrends #HolidayWeekend #realestate #homes #realtor #realestateagent
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What’s up in the Portland Real Estate Market? Here are some highlights from the latest market action summarizing the end of the year. Be sure to check out the full report via our latest journal entry (link in bio). Optimism prevails for 2024, fueled by lower interest rates and the enduring need for individuals to relocate due to putting off a move inspired by major life events. Despite challenges posed by fluctuating interest rates and global uncertainties, the market displays resilience with a 3.5% increase in the average sale price from December 2022 to December 2023. The month-over-month comparison for December 2023 vs. November 2023 shows a 1.6% decrease in the average sale price, a typical year-end trend characterized by increased buyer negotiating power during the holiday season. Housing supply has declined once more, and the time it takes for a home to secure a buyer has increased by 5 days. Currently, there are 3,654 active homes on the market as of December 2023, reflecting a decline in new listings, underscoring the ever-evolving dynamics of the Portland real estate market, influenced by supply, demand, and external factors. It's never too early to start planning your next move! Reach out to consult with a local pro (that’s us!) who can provide the most up-to-date insights and guide you through your buying or selling journey.🏠📊 #PortlandRealEstate #MarketUpdate #Homebuying #Homeselling #RealEstateMarket #PortlandLiving #GoWithLocal to #FindYourSpace
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Helping folks buy or sell homes in Chicagoland, whether they're first timers or ready to sell to upsize.
📊 Dive into real estate stats with us! Heard of the "months supply" metric? It's crucial in gauging market health, showing how long it'd take to sell current inventory at the current sales pace. Historically, 6 months' supply signals a balanced market. 🏠 Let's crunch the numbers: Currently, Single Family Homes and Condo/Townhomes in Roscoe Village are in high demand, with a mere 0.5 months' supply for Single Family Homes and 0.4 for Condos/Townhomes. That's well below the balanced benchmark, showcasing limited inventory and soaring demand. 📉 Carole Klein | Baird & Warner ☎️773.510.9263 📩[email protected] #RealEstateInsights #MarketAnalysis #RoscoeVillageMarket
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More homes are hitting the market this year, and that means more options if you’ve been looking to buy. But, while inventory is growing, we're still below where we’d be in a normal year. That's where I come in. Let's team up and navigate this evolving market together. Your future home might be closer than you think. #realestate #newinventory #chriswiden #fortlauderdalerealestate
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Real Estate Broker at RE/MAX Equity Group, Real Estate Consultant, Co-Owner at Cork & Leaf, LLC
In June 2024, the Portland metro real estate market saw several changes. New listings decreased by 13.2%, totaling 3,044 homes. Pending sales dropped by 6.2%, and closed sales declined by 2.8% to 2,081. Despite these declines, the average sale price increased slightly by 1.1% to $636,200. The total market time significantly improved, decreasing by 46.8% to 46 days. In summary, even with fewer listings and sales, the market remained active with rising prices and faster sales, indicating resilient demand despite seasonal fluctuations. #realestatetrends #marketupdate #oregonrealestate #pdxmarketupdate #oregonrealestate #steveandrewsrealestate #oregonrealestateagent #OregonProperties #oregonhomesforsale #investmentproperties #InvestmentProperty #homesellers #homebuyingtips #realestatetrends #steveandrewsrealtor
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Want to move and wondering how many homes are coming onto the market right now? Here's a graph that shows the number of homes that are newly listed, or just added to the market, within the last month. If you're interested in seeing the most recent listings in our area, let's connect. 📩 [email protected] 📲 (781) 956-7789 #newlistingcount #newlistings #homesforsale #newlisting #realestatemarket #expertanswers
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It's time to check out your October market stats! 🏡 Last month, we experienced seasonality in full swing as the total number of sales, new listings, pending sales, and total sales dollar value all dipped down from September to October. This shouldn't come as a surprise as the fall and winter tend to be the slowest months for our industry but coupled with high interest rates, we're seeing an even bigger slowdown year over year. While this data may not indicate a strong market, it's important to remember that it won't last forever. There are also benefits to a slow market for buyers as sellers who are listing their homes right now are motivated to make a deal and are often very open to negotiation. Don't let interest rates discourage you - I'm here to walk you through all of it whether you're interested in buying or selling, just give me a call by tapping the link in my bio! #RealEstate #atxhomes #austinrealtor #austintexas #austinrealestate #austinhomes #dreamhome #atx #archdigest #interiorinspo #luxuryhomes #designerhomes #marketupdate #homebuyer #atxhousing #marketdata #marketstats
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Want to move and wondering how many homes are coming onto the market right now? Here's a graph that shows the number of homes that are newly listed, or just added to the market, within the last month. If you're interested in seeing the most recent listings in our area, let's connect. 📩 [email protected] 📲 (781) 956-7789 #newlistingcount #newlistings #homesforsale #newlisting #realestatemarket #expertanswers
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