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.


Think about it -- which of these is of more value to you: “Now is the best time to buy or sell a house!” or “Real Estate Market Report for Yourtown, Yourstate?”


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.


Welcome to ActiveRain, the world's largest real estate social media network. Check back often because hundreds of new pages are added daily.

Recent blogs on Real Estate Market Trends
By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
Millbridge in Waxhaw, NCHome Sales Report & Neighborhood Spotlight: Millbridge home sales remained robust throughout 2022 with both average and median sale prices increasing for the year ended December 31, 2022. What softening we saw in 2022 was a 1% decrease in the list to sales price ratio and an increase in average days on market to 17 days. Home sales were down 30%, but much of that is attributable to the fact that new construction has wound down considerably since 2021 as the neighborhood nears completion. Much of the softening we saw in the Millbridge market not surprisingly came about in Quarter 4-2022. While average and median sale prices increased somewhat, they were down compared with Quarter 3-2022. The list to sale price ratio was also lower in the Fourth Quarter and average...
Comments 20
By Tom Gilliam- RE/MAX Classic, Exceeding Your Expectations
(Re/Max Classic)
Oh no, the real estate market’s shifting! Is it a “bubble” about to pop? Will prices come crashing down? How much higher will mortgage rates go? Will they come down again? Is it a buyers’ market, or are sellers still in the driver seat?All of that may sound custom tailored to the current market, but those are concerns homeowners, buyers, and agents alike all ponder on a recurring basis. The real estate market is constantly changing, and every few years it goes through a fairly significant shift.Successful agents who stand the test of time don’t rely on a “hot” market or favorable headlines about real estate. They know times can get tough, and the market is never absolutely ideal for every potential buyer, seller, or homeowner. But it’s always a good market for some people to buy or sell...
Comments 2
By Joan Cox, Denver Real Estate - Selling One Home at a Time
(House to Home, Inc. - Denver Real Estate - 720-231-6373)
Greenfield is located in Centennial, with some of this neighborhood in the City of Aurora.    It is located off Arapahoe Road & Picadilly in the South part of the Metro Denver area.   It is located in Cherry Creek School District, which is just one reason this neighborhood is popular! I like to stay on top of the statistics for the community, and nice to review the numbers every month, or at least every quarter.   Most months there are just one or two sales.   For  November, there was only one sale and in December, there was none.   For this size of the neighborhood, we don't usually see many homes go up for sale in Greenfield or Greenfield Estates.     Here are the sales for all of 2022 - 25 homes sold ranging from $509,900 to $1,000,000 (2021 had 33 sales)The average Days on Market we...
Comments 6
By Mel Ahrens, MBA, Kelly Right Real Estate, Customized Choices for your Real Estate Needs
(Kelly Right Real Estate)
What Past Recessions Tell Us About the Housing Market It doesn’t matter if you’re someone who closely follows the economy or not, chances are you’ve heard whispers of an upcoming recession. Economic conditions are determined by a broad range of factors, so rather than explaining them each in depth, let’s lean on the experts and what history tells us to see what could lie ahead. As Greg McBride, Chief Financial Analyst at Bankrate, says: “Two-in-three economists are forecasting a recession in 2023 . . .” As talk about a potential recession grows, you may be wondering what a recession could mean for the housing market. Here’s a look at the historical data to show what happened in real estate during previous recessions to help prove why you shouldn’t be afraid of what a recession could mea...
Comments 1
By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 Quellin Neighborhood in Waxhaw, NCReal Estate Report & Neighborhood Spotlight Home sale prices increased in Quellin throughout 2022, ending the year with a 14% increase. Average sale prices decreased 4% in Quarter 4-2022, while median sale prices increased 1%. Market shift was noticeable in the list to sale price ratio, which was almost 104% in 2022, but had dropped to 98.1% in the Fourth Quarter. Average days on market decreased both year-over-year and in the Fourth Quarter. QUELLIN HOME SALES SNAPSHOT: 2022 QUELLIN HOME SALES SNAPHOT: QUARTER 4 - 2022 MEDIAN SALE PRICE TRENDS FOR HOMES IN QUELLIN(12 Month Rolling Average) To track sales in Quellin "real time," click here for our Neighborhood Analyzer Report and sign up to automatically receive reports on Quellin home sales.  Why Do P...
Comments 14
By Associate Broker Falmouth MA Cape Cod Heath Coker, Heath Coker Berkshire Hathaway HS Robert Paul Prop
(https://teamcoker.robertpaul.com)
Are property values on Cape Cod going to fall?The obvious factors that could potentially lead to a decline in property values on Cape Cod, are:    Economic recession: IF the local economy enters a recession, it could lead to a decline in property values as fewer people will be able to afford to buy homes.    Inventory: If the number of homes for sale on Cape Cod somehow more than doubles to quickly exceed the number of buyers in the current buyer pool, that could lead to a decline in property values, because sellers would probably need to lower their expectations of value in order to attract buyers.    New regulations: Regulations such as Title 6, the new septic regulations in Massachusetts, could lead to increased costs for homeowners, which could be passed on to buyers in the form of ...
Comments 2
By Dean Cacioppo, Real Estate Marketing Guru
(One Click SEO)
Inflation seems to be a constant threat, in the news headlines and in your pocketbook. The Federal Reserve (Fed), in an attempt to curb inflation, has started to increase short-term interest rates. This doesn't mean that it won't have an effect on the economy. We will discuss how rising Fed interest rates impact home buyers and other stakeholders.Why did the Fed raise interest rates?The Federal Reserve has two main missions: to stabilize prices and to maintain moderate long-term interest rates. Inflation is a topic of hot debate if you have been following the news.  Although there are many reasons why the economy is experiencing rapid price increases, the Fed is the only one that can control them. Let's take an in-depth look at how this happened. The global pandemic is a result of three...
Comments 5
By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
Cureton Neighborhood in Waxhaw, NC: Real Estate Report & Community Spotlight Home sale prices "soared" in Cureton in both the Fourth Quarter 2022 and throughout 2022. For the year ended, December 31, 2022 average home sale prices increased 23%; median home sale prices increased 26%. In the Fourth Quarter 2022, average sale prices increased 41%; median home sale prices increased 58%. To the extent we saw a softening in Cureton's home sales, it was in days on market which increased year-over-year and quarter-over-quarter. In the Fourth Quarter average days on market increased from 22 to 28 days.  Cureton also saw a softening in the list to sale price ratio. For the year ended December 31, 2022, the ratio dropped 1% over the prior year. The Fourth Quarter's list to sale price ratio dropped...
Comments 12
By John Pusa, Your All Time Realtor With Exceptional Service
(Berkshire Hathaway Home Services Crest)
On January 18, 2023, California Association of Realtors (C.A.R) reported the homes values declined 0.5% to the price of $716,500 in December of 2022 from price of $720,000 in November of 2022, and lower 0.5% from price of $720,000 in December of 2021 in Los Angeles Metro Area, California. While, homes sales gained 1.9% in December of 2022 from November of 2022, but fell 49.4% from in in December of 2021 in Los Angeles Metro Area, California.There were 3.1 months supplies of available inventory of homes in December of 2022, down from 3.7 months in November of 2022, but jumped from 1.2 months in December of 2021 in Los Angeles Metro Area, California.An average it took 28.0 days to sell home in December 2022, higher from 26.0 days in November of 2022, and rose from 12.0 days in December of...
Comments 8
By Joyce Tawes, ABR, CRS, CLHMS, CNE
(Live Better in Scottsdale)
- December 2022 Scottsdale Housing Market Video - Here is a one-minute video overview of the Scottsdale, Arizona real estate market that covers the month of December. December 2022 - Video Scottsdale Active Listings We saw another year-over-year jump (117%) in listings. However, to put this in perspective, Scottsdale had incredibly low inventory levels last December. Even now, we are still seeing moderately low inventory. And the number of homes for sale fell 16% between the end of November and the end of December. Median List Price for Scottsdale Homes If you are not familiar with it, the median listing price tells you the price where 50% of the market is priced higher and 50% of the market is priced lower. The median listing price in Scottsdale in December was $1.3 million. This is up...
Comments 0
By Heather Tawes Nelson, Associate Broker, ABR, CLHMS, CRS - Scottsdale, AZ
(Live Better in Arizona )
- December 2022 Scottsdale Homes for Sale and Home Sales - Welcome to the final month of Scottsdale home sales for 2022! December tends to be a quieter month as many people move into holiday mode. And, this December was no different. SCOTTSDALE HOME SALES ACTIVITY – DECEMBER 2022 Every month, we look at the four sales metrics below to get a sense of how the market is performing. - Single-family homes for sale - Orange Line - The number of homes on the market at the end of the month. - Under contract, but accepting backup offers (UCB) - Gray Line - The number of UCB contracts at the end of the month.*- Pending home sales - Yellow Line -The number of pending sales at the end of the month.*- Home Sales - Blue Line - The number of homes that sold over the course of the month. NOVEMBER 2022 ...
Comments 0
By Susan Thompson-Solomons, Southern MD Real Estate-Solomons Specialist
(Berkshire Hathaway Home Services Penfed Realty)
The current real estate market is shifting back to a more balanced market. Consumers are hearing the current market described as “returning to a normal market”. I believe a better characterization to be a more balanced market. My primary reason for saying that is that a more normal market would be one where prices would be decreasing due to increased interest rates, which is not really the case in this local market, and that there would be higher inventory creating declining pricing. With limited inventory, pricing is fairly stabilized, or in some cases increasing locally.Balance means opportunities for buyers and sellers.Buyers - Opportunity to offset costs of higher interest rates than a year ago with seller incentive opportunities.Sellers - Low inventory continues to keep prices at h...
Comments 1
By Evelyn Santiago, Managing Broker Heart Realty Group, Inc., Passionate About Real Estate & Our Clients!
(Heart Realty Group, Inc..)
The "City of Lights", Aurora, IL currently has only 85 homes available for sale in the single family detached category!  Let's break these down:7 - New Listings (7 days on market or less)5 - Reactivated (Original contract fell apart)5 - Price Changes68 - On the MLS over 7 days.85 - TotalThe price range is:Lowest - $90,000 - 4 BR - 2 Bath with basement - Needs rehabbing and variance to stay residential or it can be torn down and becomes a commercial propertyHighest - $1,300,000 - 4 BR - 3.1 bath with basement - 3,600 sq. ft. with 4 car garage,guest house/office, in ground pool on 2 acres with 204 school district schools.Currently there are 78 listings under contract, 27 in pending status and 49 closed transactions in January, 2023.The median sales price for Aurora, in December 2022 was $...
Comments 1
By Joan Cox, Denver Real Estate - Selling One Home at a Time
(House to Home, Inc. - Denver Real Estate - 720-231-6373)
The stats are out for the month of December, and the numbers reflect the seasonal slowdown this time of year, along with interest rates bounding around.   The inventory declined 21% from last month, but increased 68% over last year.  The inventory has not moved much since the beginning of the year. This data is courtesy of Joan Cox - House to Home, Inc. I track data daily for the Denver metro area, and the amount of price reductions have dropped and homes returning to market have dropped below 200 a week.   The inventory this time of year is seasonally low, and is hovering around 4,400.  (includes land up to high-end homes) See what homes are currently available - Active Homes for sale in Denver Buyers - If you have thought about buying a home this year, rates are down a bit, but the go...
Comments 8
By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
Lawson Neighborhood in Waxhaw, NCReal Estate Report & Neighborhood Spotlight It was a strong showing for Lawson homes both in the Fourth Quarter 2022 and throughout 2022. Home sale prices increased year-over-year and quarter-over-quarter. To the extent the Lawson market shifted, it was in higher days on market, which increased to 31 days by the Fourth Quarter, and a lower list to sale price ratio, which was just under 100% in the Fourth Quarter.  Inventory remained tight in Lawson throughout 2022 and was down year-over-year. Just 50 homes sold in 2022 out of 600+ homes in the neighborhood. No doubt, this accounts for sale prices that increased throughout the year. In December 2022, the median sale price of a home in Lawson exceeded $700,000 on a rolling 12-month basis and set a new reco...
Comments 20
By Joe Jackson, Clintonville and Central Ohio Real Estate Expert
(Keller Williams Capital Partners Realty)
This is an excellent post with great information. Thanks for sharing it.Have a super fantastic week!Joe Jackson, Realtor-KWCP 💥Grocery Stores Effect Home Values  ☀️For ALL of Your East Valley AZ Real Estate Needs 📞Call or 🙋‍♂Text Brian at 480-773-2370 📨Email Brian  ~  Search the MLS for FREE   ️It turns out that being near grocery stores is not only convenient for homeowners, but it can also have a significant effect on home equity and value. How is this so? Read Attom's full analysis here!  Click HERE.   I specialize in the East Valley of the Phoenix Metro area - Gilbert, Mesa, Chandler, Tempe, Scottsdale, Apache Junction, and Gold Canyon ☀️For ALL of Your East Valley AZ Real Estate Needs 📞Call or 🙋‍♂Text Brian at 480-773-2370 📨Email Brian  ~  Search the MLS for FREE  
Comments 2
By John Pusa, Your All Time Realtor With Exceptional Service
(Berkshire Hathaway Home Services Crest)
On January 18, 2023, California Association of Realtors (C.A.R) reported the homes values declined 0.9% to the price of $743,180 in December of 2022 from price of $750,000 in November of 2022, and lower 0.9% from price of $749,900 in December of 2021 in Southern California. While, homes sales dropped 1.7% in December of 2022 from November of 2022, and fell 48.3% from in in December of 2021 in Southern California.There were 2.9 months supplies of available inventory of homes in December of 2022, down from 3.6 months in November of 2022, but jumped from 1.2 months in December of 2021 in Southern California.An average it took 27.0 days to sell home in December 2022, higher from 24.0 days in November of 2022, and rose from 11.0 days in December of 2021 in Southern California.For complete mo...
Comments 6
By John Krol, Naples,Luxury Homes,International Buyers / Sellers
(Top Producers Realty, Inc. Krol Group International)
Naples Florida Real Estate Market Data For December 2022 For more information or any questions about Naples properties call Broker John 800-214-4945 or text 239-289-2336 or email john@krolgrp.com  See our website www.johnkrol.net or www.buyorsellnaplesproperties.com 
Comments 0
By Wendy & Greg Kime, Plymouth MI Real Estate Experts
(Kime Realty)
If you’ve seen Today's Foreclosure Headlines about distressed sales surging in the housing market, you’re certainly not alone. The stories in the media can be pretty confusing right now. They may even make you think twice about buying a home for fear that prices could crash. The reality is, the data shows a foreclosure crisis is not where the market is headed. You need to understand what that really means if you want to know the truth about what’s happening today. Here’s a deeper look.Proper ContextAccording to the Year-End 2022 U.S. Foreclosure Market Report from ATTOM, foreclosure filings are up 115% from 2021, but down 34% from 2019. As Today's Foreclosure Headlines grab onto this 115% increase, it’s more important than ever to put that percentage into context.The number of Today's F...
Comments 3
By Gloria Todor, & Doug Durren (484) 431-3686 in SE PA
(Berkshire Hathaway Home Services)
Delaware County PA offers a wide range of housing for people who want to live in a Senior Community.  These communities range in price, style and amenities, from a trailer home to a luxurious townhouse.At this moment there are 6 Active Listings posted for Senior Communities in Delaware County.The price range is $284,900 - $580,000.If you would like more information, let us know.(info from Bright MLS various broker/agents)If you are in need of experienced agents, give us a call. Fox Hill Farm - 55+ Glen Mills, PAThe Villas At Golf View - 55+ Springfield, PATraditions At Ridley Creek - 55+ Brookhaven, PA 
Comments 2