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Philip A. Raices, 1 of the Most Knowledgeable Brokers on the Net! (Turn Key Real Estate)

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Rainmaker
1,554,237
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
CEO of Vision Drive Realty - Coastal San Diego

December 2021 avg. sales price: $750,000

May 2022 was our peak of the market at $855,000

December 2022 avg. sales price: $749,000

So, while we're down from the May peak by 12.4%

December Year over Year we're only down .133%

 

Jan 30, 2023 05:41 PM
Rainmaker
2,785,276
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

This is an excellent endeavor. May it hit the heights!

Jan 30, 2023 04:20 PM
Ambassador
6,422,434
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

I am sure that NAR has professionals that have taken the time to study such trends for every part of the country.  These numbers would be much more accurate than the opinions of myself or others here.

Jan 30, 2023 08:17 PM
Rainer
381,387
Don Baker
Lane Realty - Eatonton, GA
Lake Sinclair Specialist

good luck

Jan 30, 2023 04:50 PM
Ambassador
3,350,329
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

 

All the best to you with this! 

I have so many other homework assignments to get done. 

Jan 30, 2023 02:07 PM
Rainmaker
133,651
Philip A. Raices
Turn Key Real Estate - Great Neck, NY
1 of the Most Knowledgeable Brokers on the Net!

I want to thank everyone for their responses.  

Jan 31, 2023 02:35 PM
Rainmaker
1,202,422
Doug Dawes
Keller Williams Evolution - 447 Boston Street, Suite #5, Topsfield, MA - Topsfield, MA
Your Personal Realtor®

I'll be interested to see that blog 

Jan 31, 2023 06:31 AM
Rainmaker
2,402,108
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co Notary Services retired RE Broker

I am retired so I can not be too accurate Philip A. Raices but my active RE friends say it is seeing a slight increase in the Minot ND market due to new businesses moving in and our AFB growth.

Jan 30, 2023 06:01 PM
Rainmaker
766,569
Tony Lewis
Summit Real Estate Group - Valencia, CA
Summit Real Estate Group Valencia & Aliso Viejo

I am seeing price reductions regularly as well as stale listings.  Prices were rising over the past few years as there was usually an increase in price as the next home sold within the same community.  Homes are being list at or below the previous sale and offers are coming less frequently.  I would expect about a ten percent drop from the peak prices in a given community.

Feb 02, 2023 04:21 AM