Real Estate Market Trends

Market Report SEPT 2023 - How's the Real Estate Market in Providence Springs?   Providence Springs, being a community of only 128 homes, typically does not have a large selection of homes on the market - low turnover year-after-year.  Some years, there are more relocation sellers than others and we are seeing a bit of a slow down in the relocation business this year. The economy continues to recover, as our Providence Springs market improvements continue to show.  If you're a buyer, interested in a fabulous, neighborly community on the NORTH side of Highway 51 in a great school zone, visit www.ProvidenceSpringsInfo.com for more information on this popular Charlotte luxury community.  We know that you won't be disappointed!Here are the current real estate market stats for Providence Spri... 10/01/2023

      Whalebone Beaches Subdivision Update Jan 1 - July 1, 2023          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     2     $1,454,551     $727,276     $727,275     45                   Cash     1     $991,600     $991,600     $991,600     11          Analysis By Area                   Nags Head between hwys     2     $1,976,251     $988,126     $988,125     18                   Nags Head Westside     1     $469,900     $469,900     $469,900     64                   Totals     3     $2,446,151     $815,384     $984,651     33                        Non Co-op Sales     0                    0                   Co-op Sales     3     $2,446,151     $815,384     $984,651     33                   Tota... 09/30/2023

    Bodie Isle Beach Property Update Jan 1 - July -, 2023          No. of Listings     Dollar Volume     Average Price     Median Price     Average DOM       RESIDENTIAL                   Conventional     77     $72,034,995     $935,519     $750,000     27                   Cash     26     $35,472,900     $1,364,342     $1,187,500     22                   Jumbo Loan     17     $31,076,000     $1,828,000     $1,760,000     36          Analysis By Area                   Nags Head Oceanside     20     $43,615,400     $2,180,770     $2,250,000     24                   S. N.H. East/Old Oregon R     23     $32,242,400     $1,401,843     $1,250,000     39                   Nags Head between hwys     37     $37,788,750     $1,021,318     $945,000     30                   S. N.H. West/Old Oregon... 09/30/2023

Real Estate Market Trends for Addison TX: September 2023 Residential Real Estate For Sale in Addison, TexasThe total number of currently available residential properties for sale in Addison, Texas is 29, up from 25 active listings last month. Twenty five are pre-owned and 4 are new construction at Addison Grove. Currently for sale, there are: 15 single family homes (ranging in price from $480,000 to $3,700,000) No half-duplexes 6 condos ($319,999 to $579,000) 8 townhomes ($525,500 to $880,000) Twenty of the 29 available homes have been on the market for longer than 30 days. The average number of days on the market for the current "active" status, pre-owned homes is 78 days, as compared to 70 last month. The median number of days on the market is 45 days, compared to last month's 49 days... 09/30/2023

Latest news on the Tega Cay, SC real estate market in August 2023...What you need to know now...What it means for you... Housing Inventory Drops To 1.65 Months In August, Keeping Tega Cay A Home Seller's MarketClosed Sales Up 119.05% Over July  Key take-aways about the Tega Cay housing market in August 2023:  Average and median home sale prices declined month-over-month and year-over-year. Inventory declined compared with July and with August one year ago. August's housing inventory was at its lowest in 2023 since April resulting in a decline in the months supply of inventory to just 1.65 months. New listings decreased from July (by two properties). New listings were down compared with August 2022. Days on market were at their lowest level in eight months at 21 days, declining four days... 09/30/2023

 [ This is the neighborhood in Washington, DC.  Everyone wants live here, or to come here to eat and enjoy the city.Logan Circle is the quintessential NW DC neighborhood.  It simply looks and feels right, without the attitude one finds with the usually older & more established NW neighborhoods.Penn Quarter, closer to downtown/ Penn. Ave., has the nightlife, clubs and Capital One Arena.Shaw is the place to be and the neighborhood has a great feel of new & old woven together.  Heading into fall and interest rates remain at 20 year highs, though the market seems to have taken this in stride as numbers haven't changed much since previous months.  As with other months, we gained a few in numbers of homes sold in August vs. the previous month for a total of 53 homes sold. Once again we are be... 09/30/2023

Capitol Hill is also a neighborhood in Washington, a big village, split halfway across, half in the NE and half in the SE quadrant of Washington, DC.  Politicians work here, but people live here also.On the north side, an iconic landmark is Union Station, with some 40 million people annually, shown here to represent the local perspective. This is a true transportation hub, with Amtrak, suburban rail, intercity  bus and the Metro(subway) stations to converge. As of 2019, 2nd busiest station in the country.As of February 2016, the H Street Trolley now gets people from (almost) Union Station to past the 15th St Starburst.This view shows the station as you drive up in a cab, or Bikeshare or walk from Capitol Hill on left.  If you were there today, you'd see no cabs, and no people inside (or... 09/30/2023

Capitol Hill is not only a political idea, it is also a big village, a neighborhood split halfway across, half in the NE and half in the SE quadrant of Washington, DC.  Politicians work here, but people live here also.On the south side of this neighborhood is Barracks Row, and the ever growing and popular Navy Yard with the Nationals Park neighborhood.  Let's consider that we will return to some level of foot traffic here in the summer of 2022, even if not 2019 levels yet.The Navy Yard has very good Metro access, and is also home to baseball's Nationals Park. This neighborhood has also become the 'it' neighborhood, growing faster than any other in the past year.  All the residential growth has fueled demand for lots of new neighborhood amenities, which brings more people.  It certainly ... 09/30/2023

https://youtu.be/LtnYGZLLch8 Explore our latest podcast - a discussion about the dynamic shift in the market to smaller homes offering never-the-less very much a desired lifestyleIn this episode we discuss the dynamic shift in the housing market to building smaller homes and the growing popularity of Accessory Dwelling Units (ADU). The main reason for this shift in the market appears to be the lack of inventory of existing homes that are affordable, the rising costs to build, and higher mortgage interest rates. This seems to be especially true in the Northeast of the country. 09/29/2023

This quote is getting older, but even more relevant in 2023. Councilmember Charles Allen was quoted in the Washington City Paper (8/21/2O15) saying "Southwest is an absolutely incredible neighborhood.  It's a neighborhood that has so many things: Metro stations, water access, parks & greenspaces, small and big residential buildings.  A lot of people just didn't realize it was there".Audi Field, home of DC United Soccer, as well as PNHoffman's The Wharf will ensure a lot more people find this neighborhood.This view shows the opening day, which was a good day, albeit with opening issues. DC United has upped it's game this season with a few team additions, surely to benefit a stronger team.   A total of 11 homes were sold in August 2023, less again than the previous month and a few less th... 09/30/2023

Check the August 2023, Arleta Ca Home Sales Statistics #arleta, #arletaca,#arletacalifornia,#arletarealestate,#arletahomesforsale 09/29/2023

On September 7, 2023, Realtor.com reported that in La Canada, California median list price was $3.095,000 in August of 2023 up from $2,995,000 in July of 2023, and rose 19.0% from $2,495,000 in August of 2022. While, median sales price for a home and a condo was $2,000,000 in August of 2023, fell 14.0% from August of 2022 in La Canada, California.Houses stayed 34.00 days in the market in August of 2023 dropped from 65.00 days in July of 2023, and decreased from 42.00 days in August of 2022 in La Canada, California.The median listing price per square foot of a home and a condo was $894.00 in August of 2023 lower from $932.00 in July of 2023, but gained 1.0% from $886.00 in August of 2022 in La Canada, California.For complete more detailed information about Realtor.com’s latest homes and ... 09/29/2023

  Local Market Update  Downtown and Nu'uanu Honolulu, August 2023   Single Family Homes August Year to Date 2023 / 2022 Change% 2023 / 2022 Change% Closed Sales 7 / 3  133% 32 / 59  -46% Median Sales Price $1.370M / $1.295M  6%  $1.123M / $1.325M  -15%  Percent of Original List Price Received 94.3% / 100.0%  -6%  94.8% / 100.0%  -5%  Median Days on Market Until Sale 89 / 10  790% 17 / 9  89% New Listings 5 / 9  -44% 53 / 66  -20%  Pending Sales 5 / 3  67% 41 / 51 -20% Active Inventory 17 / 18  -6% ---    Condos August Year to Date 2023 / 2022 Change% 2023 / 2022 Change% Closed Sales 22 / 33  -33% 220 / 369  -40% Median Sales Price $569,500 / $525,000  8%   $565,000 / $564,750  0% Percent of Original List Price Received 100.0% / 98.6%  -1% 98.0% / 100.0%  -2% Median Days on Market Until ... 09/29/2023

09/29/2023

 Upper Arlington, Ohio - a charming city! It's nestled in Franklin County and renowned for its strong sense of community and great schools. Perfect if you're looking for a peaceful, family-friendly neighborhood.Tree-lined streets, well-manicured lawns - the architecture is diverse, ranging from classic to modern. Every property is unique - easy to find your dream home here!Amenities are plentiful - parks, recreational facilities, tennis courts, golf courses, walking trails, shopping, dining options. Plus, the city has an interesting history. It was founded by the Thompson brothers in 1918 - their vision was to create a beautiful residential community. That vision still comes alive today.Upper Arlington is ideal - natural beauty plus modern conveniences. It's no wonder so many people cho... 09/28/2023

The Phoenix Housing Market is mirroring many housing markets across the country.  With low inventory, fewer sales, and increasing prices..  The main photo for this post clearly illustrates that supply level declines are a real issue in Phoenix.   Inventory dropped 37% year over year in Phoenix as of September 24, 2023. These charts are provided by subscription to the Cromford Report.   The current supply of homes available for sale in Phoenix is fewer than 2019 levels!  Inventory has increased slightly,  coinciding with the rise in interest rates.  Those on the sidelines, thanks to interest rate increases, will be back once rates drop but in competition with many other buyers.   The number of days it takes to sell a home increased sharply beginning April 2022, but has been on the declin... 09/28/2023

Why Your House Didn’t SellIf your listing expired and your house didn’t sell, you’re likely feeling a little frustrated. Not to mention, you're also probably wondering what went wrong. Here are three questions to think about as you figure out what to do next.Did You Limit Access to Your House?One of the biggest mistakes you can make when selling your house is restricting the days and times when potential buyers can tour it. Being flexible with your schedule is important when you're selling your house, even though it might feel a bit stressful to drop everything and leave when buyers want to see it. After all, minimal access means minimal exposure to buyers. ShowingTime advises:“. . . do your best to be as flexible as possible when granting access to your house for showings.”Sometimes, t... 09/28/2023

🏡For answers to your Real Estate questions, contact me: Anna ChroscickiREMAX MasterpieceVisit www.annasellsrealestate.comCall or Text- 772.485.4188#annachroscicki #realtor #realestate #REMAX #Portsaintlucie #homebuying #homeselling #MARKETUPDATE #vacantland #rentals 09/28/2023

Echo Beach is a delightful riverfront community situated in Bensalem, near Station Avenue and State Road. It comprises a variety of custom single-family homes of different sizes, some of which are located right on the river. Despite being a hidden gem, many homes in the area have been handed down to family members, and there are a range of small and large properties available, both old and new. Echo Beach's proximity to I-95, Septa Trains, and Amtrak makes it an accessible and sought-after location.  Echo Beach has a unique charm, perhaps due to its proximity to the Delaware River. As I drove through the area, people waved and said hello, which is rare in many places. It's no wonder that families have made this place their home for generations. Even when sons and daughters move away, th... 09/29/2023

On September 18, 2023, California Association of Realtors (C.A.R) reported the homes values higher 3.6% to the price of $882,020 in August of 2023 from price of $851,540 in July of 2023, and gained 3.2% from price of $854,960 in August of 2022 in Los Angeles County, California. While, homes sales increased 5.6% in August of 2023 from July of 2023, but fell 12.5% from August of 2022 in Los Angeles County, California.There were 2.4 months supplies of available inventory of homes in August of 2023, down from 2.5 months in July of 2023, and decreased from 3.1 months in August of 2022 in Los Angeles, California.An average it took 18.0 days to sell a home in August 2023, up from 17.0 days in July of 2023, but declined from 22.0 days in August of 2022 in Los Angeles County, California.For comp... 09/27/2023