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Real Estate Market Trends

If you're like a lot of other consumers, trite slogans and marketing come- ons aren't convincing. Especially when it comes to the most expensive investment you may ever make; numbers are far pithier.


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Not only is this section of ActiveRain chock full of up-to-date real estate market reports but market statistics and market trends as well. Best of all, they're written in plain English by the experts – those that actually work in these markets on a daily basis.


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Recent blogs on Real Estate Market Trends
By Linda Peltz, It's The Sold That Counts
(eXp Realty)
During election seasons, the housing market can experience increased uncertainty and reduced activity due to factors like policy changes and economic uncertainty. Buyers and sellers may adopt a wait-and-see approach, leading to fewer transactions and potentially impacting prices.  However, the extent of the impact can vary depending on the specific election circumstances and overall economic conditions. Linda Peltz Realtor Fresno CA and Michelle Johnson from Hero Loan Team joined forces to discuss the housing market during an election year.  Tune in to video below to get glimpse of housing market during election season Buy a Home Before or After Election?Michelle addressed a common concern: many buyers think they should wait to buy a home until after the election, fearing market instabi...
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On June 20, 2024, Realtor.com reported the fallowing nationwide median weekly housing trends for the week ending June 15, 2024.Total available listings jumped 36.0% for the week ending June 15, 2024, from the same period of time in June of 2023.Time on the market increased 2 day for the week ending June 15, 2024,  from the same period of time in June of 2023.Median listing prices unchanged 0.0% for the week ending June 15, 2024, from the same period of time in June of 2023.New listing in the market higher 8.0% for the week ending June 15, 2024, from the same period of time in June of 2023.For complete more detailed information about Realtor.com’s real estate trends for the week ending in June 15, 2024, please click HERE
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On June 17, 2024, California Association of Realtors (C.A.R) reported that there were 16 homes sold in May of 2024, jumped 45.5% from May of 2023, and medium existing home price was $2,46 Million in May of 2024, declined 9.5% from May of 2022 in La Canada Flintridge, California.There were 29 active listing homes in May of 2024, dropped 9.4% from May of 2023; while home stayed 14 median days on the market in May 2024 in La Canada Flintridge, California.For complete more information about the California Association of Realtors’ May of 2024, La Canada Flintridge, California homes sales and value report, please click HERE
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On June 18, 2024, California Association of Realtors (C.A.R) reported the homes values unchanged 0.0% to the price of $880,000 in May of 2024 from price of $880,000 in April of 2024, but jumped 10.0% from price of $800,000 in May of 2023 in Southern California. While, homes sales increased 8.9% in May of 2023 from April of 2024, but declined 1.0% from May of 2023 in Southern  California.There were 2.7 months supplies of available inventory of homes in May of 2024, up from 2.6 months in April of 2024, and higher from 2.1 months in May of 2023 in Southern California.An average it took 19.0 days to sell a home in May 2024, unchanged from 19.0 days in April of 2024, but decreased from 20.0 days in May of 2023 in Southern California.For complete more detailed information about the California...
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On June 17, 2024, California Association of Realtors (C.A.R) reported that there were 35 homes sold in May of 2024, unchanged 0.0% from May of 2023, and medium existing home price was $1,48 Million in May of 2024, declined 8.9% from May of 2022 in Glendale, California.There were 50 active listing homes in May of 2024, jumped 31.6% from May of 2023; while home stayed 20 median days on the market in May 2024 in Glendale, California.For complete more information about the California Association of Realtors’ May of 2024 Glendale, California homes sales and value report, please click HERE
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By Joe Jackson, Clintonville and Central Ohio Real Estate Expert
(Keller Williams Capital Partners Realty)
Total sales increased 7.3 percent year over year, and the region also set a new all-time high in median sales price, as homes sold for $330,000 in May. The previous single-month high in terms of median sales price was $322,205, set in June 2023. While this is a record-high for central Ohio, it’s still well below the national median sales price of $407,600, posted in April 2024. “There’s no question the steady rise in the price of homes is a trend we are monitoring closely in central Ohio,” said Columbus REALTORS® President Scott Hrabcak. “As REALTORS®, we have to stay on top of the trends and give the best information possible to our customers. None of the trends would tell us that housing prices will be dropping soon.” There were 2,839 closed sales in the Columbus & Central Ohio Region...
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By Simon Westfall-Kwong, The LuxeLife Group of eXp
(LuxeLife Group of eXp Realty)
May 2024 Solds in The Mountain ClubVisit our Mountain Club website page for links to the listings below! Contact The LuxeLife of eXp Realty Mountain Club Expert, Fabio Nieto at 973-713-6492 for more information.  The Mountain Club Condominium complex is set high up on the hill right off Route 10 East with views of the city. The complex includes 50 residential buildings that consist of a total of 702 dwelling units. There are one and two-bedroom units available throughout the community.  With low taxes and HOA fees, residents get to enjoy several amenities such as a community pool, tennis court, clubhouse, fitness room, and on-site management team. If convenience is important to you then look no more! The Mountain Club is convenient to all major highways (Routes. 10, 287, 80, 24, 46), ne...
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By Simon Westfall-Kwong, The LuxeLife Group of eXp
(LuxeLife Group of eXp Realty)
May Solds in Sutton Woods:Visit our Sutton Woods website page to see the listings for these properties! We also have all the floor plans!Contact The Simon Westfall-Kwong Real Estate Group Sutton Woods Expert, Nathalie Lissinna at 908-656-1747 for more information.  Sutton Woods is a condo community of approximately 300 homes, most of which offer townhouse-style living. Conveniently located in a pastoral setting in Chatham Township, Sutton Woods Condos are on the border of Summit NJ. There are approximately 300 condos in Sutton Woods populated with people of all ages - from young professionals to retirees. All enjoy the pastoral setting and the outdoor recreational facilities such as walking paths, outdoor swimming pool with sundeck and the tennis & paddle courts. The grounds are beautif...
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By Kimo Stowell, REALTOR Associate® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
  Local Market Update  Ala Moana & Kaka'ako Honolulu, May 2024   Single Family Homes May Year to Date 2024 / 2023 Change% 2024 / 2023 Change% Closed Sales 0 / 0   0% 2 / 2  0%  Median Sales Price $0 / $0   0%  $1M / $1.01M   -1% Percent of Original List Price Received 0.0% / 0.0%  0% 94.7% / 103.7%  -9% Median Days on Market Until Sale 0 / 0  0% 38 / 4  850% New Listings 0 / 3  -100% 2 / 6  -67% Pending Sales 1 / 0   0%   3 / 3  0% Active Inventory 3 / 3   0% ---    Condos May Year to Date 2024 / 2023 Change% 2024 / 2023 Change% Closed Sales 54 / 54  0%  202 / 225  -10%  Median Sales Price $748,500 / $610,000  23% $732,500 / $645,000  14% Percent of Original List Price Received 96.0% / 97.3%  -1% 96.1% / 96.8%  -1%    Median Days on Market Until Sale 66 / 34  94% 53 / 35  51% New Listin...
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By James Potenza Texas Buyer Realty, Buying, Selling, Relocating, New Construction
(Texas Buyer Realty)
HOUSTON HOME PRICES HIT RECORD HIGHS AS THE MARKET WEATHERS MAY STORMS Expanded inventory offers more options for buyers as market shows signs of moderation HOUSTON — (June 12, 2024) — The Houston real estate market navigated a unique set of challenges in May. While severe weather and resulting power outages may have caused a delay in some closings, the market continued to see strong activity with expanding inventory and persistent consumer demand. This unwavering demand fueled record-breaking home prices in the Greater Houston area.   According to the Houston Association of Realtors’ (HAR) May 2024 Market Update, single-family home sales across the Greater Houston area declined 1.5 percent. The Houston Multiple Listing Service (MLS) recorded sales of 8,538 units compared to 8,664 last ...
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By David Buck, Realtor-Broker
(Harcourts Island Real Estate)
The median home price in Kapahulu - Diamond Head saw the largest increase here on Oahu year over year. That was up 31% from a year ago. A year ago, the median home price in Kapahulu to Diamond Head was $1,200,000 and this past month it was at... Read More
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On June 18, 2024, California Association of Realtors (C.A.R) reported the condo and town-homes values higher 0.3% to the price of $690,000 in May of 2024 from price of $688,000 in April of 2024, and rose 8.7% from price of $635,000 in May of 2023 in California. While, condo and town-homes sales jumped 7.0% in May of 2023 from April of 2024, and gained 1.5% from May of 2023 in California.There were 2.6 months supplies of available inventory of condo and town-homes in May of 2024, up from 2.5 months in April of 2024, and higher from 1.9 months in May of 2023.An average it took 19.0 days to sell a condo and town-home in May 2024, unchanged from 19.0 days in April of 2024, but increased from 16.0 days in May of 2023 in California.For complete more detailed information about the California A...
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On June 17, 2024, California Association of Realtors (C.A.R) reported that there were 32 homes sold in May of 2024, gained 3.4% from May of 2023, and medium existing home price was $1,35 Million in May of 2024, up 1.0% from May of 2022 in Burbank, California.There were 42 active listing homes in May of 2024, jumped 82.6% from May of 2023; while home stayed 12 median days on the market in May 2024 in Burbank, California.For complete more information about the California Association of Realtors’ May of 2024 Burbank, California homes sales and value report, please click HERE
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By Gloria Todor, & Doug Durren (484) 431-3686 in SE PA
(Premier Property Sales & Rentals)
Residential Houses For Sale in Upper Providence Township, Delaware County, PA as of June 18, 202412 Active ListingsPrice Range $964,900 - $3,795,00019 Houses Pending Sale/Under Contract Sold in Upper Providence Twp in May 2022 2023 2024 # Sold 8 6 8 Average Days on Market 6 3 4 Minimum Price Sold $325,000 $466,000 $357,000 Maximum Price Sold $985,000 $690,123 $1,400,000 Median Price Sold $668,500 $595,750 $575,000 (info Bright MLS various brokers/agents)Providence Animal CenterUpper Providence Twp is part of Media PA zip code 19063.Providence Woods SubdivisionThe Providence Animal Shelter is always in need of supplies.  
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By Gloria Todor, & Doug Durren (484) 431-3686 in SE PA
(Premier Property Sales & Rentals)
Residential Houses For Sale in Springfield, Delaware County, PA as of June 18, 20246 Active Listings Price Range $372,900 - $649,00034 Houses Pending Sale/Under Contract Sold in Springfield in May 2022 2023 2024 # Sold 28 23 23 Average Days on Market 8 10 8 Minimum Price Sold $170,000 $330,000 $260,000 Maximum Price Sold $670,000 $710,000 $340,000 Median Price Sold $437,000 $480,358 $567,000 (info Bright MLS various brokers/agents)Smedley Park   Springfield PAGolf View 55+ Community in Springfield PA 
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By Gloria Todor, & Doug Durren (484) 431-3686 in SE PA
(Premier Property Sales & Rentals)
Residential Houses For Sale in Parkside, Delaware County, PA as of June 18, 20241 Active Listing $374,500 List Price5 Houses Pending Sale/Under Contract Sold in Parkside in May 2022 2023 2024 # Sold 2 2 4 Average Days on Market 9 22 17 Minimum Price Sold $172,000 $342,000 $225,000 Maximum Price Sold $222,000 $400,000 $350,000 Median Price Sold $197,000 $371,000 $282,500 (info Bright MLS various brokers/agents)Phil and Jim's Parkside PAParkside PA is part of the Penn-Delco School District.
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By Gloria Todor, & Doug Durren (484) 431-3686 in SE PA
(Premier Property Sales & Rentals)
Residential Houses For Sale in Middletown Township, Delaware County, PA as of June 18, 202423 Active ListingsPrice Range $224,900 - $1,975,00072 Houses Pending Sale/Under Contract Sold in Middletown Twp in May 2022 2023 2024 # Sold 26 16 14 Average Days on Market 17 10 17 Minimum Price Sold $265,000 $381,000 $272,000 Maximum Price Sold $950,000 $1,360,000 $1,000,000 Median Price Sold $677,755 $585,000 $564,000 (info Bright MLS various brokers/agents)Middletown Twp is part of Rose-Tree Media School District.Wonderful to have Linvilla Orchards in Delaware County, in Middletown Township!
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By Anna Chroscicki, Realtor - St. Lucie County affordable Real Estate
(Re/Max Masterpiece Realty)
If you are interested in finding out the value of YOUR home,  call 772-485-4188 or visit my site at SEE WHAT YOUR HOME IS WORTH:https://annachroscicki.remax.com/seller/valuation/  Anna Chroscicki with REMAX Masterpiece1775 SW Gatlin Blvd Ste 101, Port Saint Lucie, FL, 34953Visit www.annasellsrealestate.comCall or Text- 772.485.4188
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