Real Estate Market Trends

Transitioning from a family home to a new property can pose challenges for retirees, particularly when searching for a suitable alternative. In many areas, including the DC metro area, builders are primarily constructing four-level townhouses or luxury single family Craftsman homes, which may not be ideal due to the increased number of stairs. The limited availability of single-floor homes means that those few suitable options are quickly sold once they hit the market.Furthermore, new condos in this region often cater to a luxury lifestyle, reflecting the high cost of land. As a result, they may not align with the needs and budget of retirees seeking more practical and affordable living arrangements. An alternative for retirees in the DC area include communities like Leisure World in Si... 04/20/2024

What’s My Waterbury CT Home’s Value March 2024Waterbury CT is the second largest town in New Haven County with a population of app115,000. It is 33 miles southwest of Hartford, 25 miles north of New Haven and 77 miles northwest of New York City. The larger factories that once dominated the Connecticut manufacturing economy are no longer in Waterbury, essentially changing form the brass mills they used for raw materials and converting to cheaper and lighter aluminum or plastic. Currently in Waterbury CT there are 61 active residential listings for sale. The homes for sale in Waterbury CT range from an 1,024 square ft, 3-bedroom row-house listed at $119,900 to a 1,215 square ft, 2-bedroom  cape listed at $750,000. These listings are within the town zip codes of 06702, 06704, 06705, 06706,... 04/20/2024

The inventory picture is improving and the results from Bright MLS’s most recent survey show that nearly two out of five listings were from a seller who was probably not turning around and buying another home. According to agents surveyed, 61.9% of homes sold in March were primary residences, suggesting a seller who might be in the market to buy. However, the other listings that were added to the inventory were not primary residences. For example, 14.3% of homes sold in March were rental properties. Another 13.5% were estate sales, or the sale of a property whose owner had passed away. Second homes, vacation homes, investment properties, builder sales, foreclosures, and short sales were also part of the inventory of sellers who probably were not buyers.   The Bright MLS survey also rev... 04/20/2024

Roughly two-thirds of Generation Z, born between 1997 and 2012, believe that homeownership is still within reach, despite facing challenges posed by high home prices and mortgage rates, according to a recent survey by Realtor.com®. However, breaking into the housing market is proving to be difficult for these budget-conscious and convenience-focused buyers, with the oldest among them turning 27 this year.While approximately 18% of Generation Z individuals are already homeowners, according to John Burns Research & Consulting, the majority are not, with nearly half still residing with family. Chris Porter, chief demographer at John Burns, explains that at their core, Generation Z aspires to homeownership, but this milestone is likely to occur later due to the significant challenge of hous... 04/20/2024

04/19/2024

On April 8, 2024, Realtor.com reported that in Flintridge, California median list price was $2,825,000 in March of 2024 lower from $2,995,000 in February of 2024, and down 1.0% from $2,852,000 in March of 2023. While, median sales price for a home and a condo was $2,600,000 in March of 2024, declined 2.0% from March of 2023 in Flintridge, California.Houses stayed 38.00 days in the market in March of 2024 dropped from 48.00 days in February of 2024, and decreased from 45.00 days in March of 2023 in Flintridge, California.The median listing price per square foot of a home and a condo was $943.00 in March of 2024 down from $944.00 in February of 2024, but rose 11.0% from $835.00 in March of 2023 in Flintridge, California.For complete more detailed information about Realtor.com’s latest hom... 04/19/2024

Colorado Springs Zip Code 80919 neighborhoods in Colorado Springs, Colorado are located just off I-25 in the northwest part of Colorado Springs. It's located near popular destinations like University Village Colorado Shopping Center, UCCS (University of Colorado, Colorado Springs) and The United States Air Force Academy.80919 Neighborhood Market StatsIn the past 30 days, 80919 has seen an decrease in listings by 58.3% with 53 homes currently listed for sale. The average days on market is 57 days and the average home price in zip code 80919 is $557,411 which is down 2% in the past 30 days. The average price per square foot is $224.Get your full report on the 80919 area or choose another area of interest.Find up-to-date real estate market stats for 80919 04/19/2024

  Local Market Update  Ala Moana & Kaka'ako Honolulu, March 2024   Single Family Homes March Year to Date 2024 / 2023 Change% 2024 / 2023 Change% Closed Sales 1 / 0  0%  2 / 0  0%  Median Sales Price $1.1M/ $0   0%  $1M / $0   0% Percent of Original List Price Received 96.5% / 0.0%  0% 94.7% / 0.0%  0% Median Days on Market Until Sale 38 / 0  0% 38 / 0  0% New Listings 1 / 0  0% 2 / 1  100% Pending Sales 0 / 1  -100% 2 / 1  100% Active Inventory 4 / 0   0% ---    Condos March Year to Date 2024 / 2023 Change% 2024 / 2023 Change% Closed Sales 38 / 55  -31%  96 / 124  -23%  Median Sales Price $747,000 / $830,000  -10% $624,250 / $645,000  -3% Percent of Original List Price Received 95.5% / 95.9%  0% 96.2% / 96.6%  0%    Median Days on Market Until Sale 92 / 39  136% 45 / 41  10% New Listin... 04/19/2024

04/19/2024

On April 8, 2024, Realtor.com reported that in Altadena, California median list price was $1,298,995 in March of 2024 higher from $1,213,500 in February of 2024, and rose 8.0% from $1,199,495 in March of 2023. While, median sales price for a home and a condo was $1,200,000 in March of 2024, declined 1.0% from March of 2023 in Altadena, California.Houses stayed 37.00 days in the market in March of 2024 unchanged from 37.00 days in February of 2024, and decreased from 49.00 days in March of 2023 in Altadena, California.The median listing price per square foot of a home and a condo was $769.00 in March of 2024 gained from $741.00 in February of 2024, and jumped 14.0% from $662.00 in March of 2023 in Altadena, California.For complete more detailed information about Realtor.com’s latest home... 04/18/2024

- March 2024 Scottsdale Homes for Sale and Home Sales - Now that it is the high season, we are seeing lots of sales activity in Scottsdale. Inventory, contracts and sales were all up. SCOTTSDALE HOME SALES ACTIVITY –  MARCH 2024 Each month, we look at the following four items related to home sales: - Single-family homes for sale - Orange Line - How many homes were on the market at the end of the month. - Under contract, but accepting backup offers (UCB) - Gray Line - The number of UCB contracts there were at the end of the month. - Pending home sales - Yellow Line - How many pending sales there were at the end of the month.*- Home Sales - Blue Line - How many homes sold during the month. MARCH 2024 RESULTS Scottsdale Homes for Sale: Inventory fell slightly by the end of the month. Howev... 04/20/2024

Welcome back to our weekly market update, where we take a closer look at the latest happenings in the real estate world. Let's dive right in and see what's been shaking up the scene this week.Contracts on the RiseIt's official - contracts are on the rise, and they're exceeding numbers from last year. For the week ending April 14, new contracts surpassed those from the same week in 2023 by a solid 10.4%. And that's not all - there was a whopping 15.4% jump in new pending contracts compared to just last week.Canceled Listings on the RadarHere's the scoop: canceled listings are spiking, surpassing last year's numbers. With 332 canceled listings in the Bright MLS service area this week, that's a hefty 19.9% surge from the same week last year. Sellers might be hitting pause, waiting for the ... 04/18/2024

On April 17, 2024, California Association of Realtors (C.A.R) reported an annualized rate of 267,470 single family homes sold in California in March of 2024 fell 7.8% from 290,020 in February of 2024, and declined 4.4% from 279,700 home sales in March of 2023.The single family homes values were higher 6.0% to the price of $854,490 in March of 2024 from price of $806,490 in February of 2024, and increased 7.7% from price of $793,260 in March of 2023 in California.There were 2.6 months supplies of available inventory of single family homes in March of 2024, down from 3.0 months in February of 2024, but up from 2.1 months in March of 2023.An average it took 19.0 days to sell a single family home in March 2024, lower from 22.0 days in February of 2024, and dropped from 24.0 days in March of... 04/18/2024

 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 04/17/2024

On April 8, 2024, Realtor.com reported that in Baldwin Park, California median list price was $692,500 in March of 2024 lower from $699,900 in February of 2024, but rose 6.0% from $649,888 in March of 2023. While, median sales price for a home and a condo was $721,000 in March of 2024, jumped 10.0% from March of 2023 in Baldwin Park, California.Houses stayed 35.00 days in the market in March of 2024 decreased from 37.00 days in February of 2024, and declined from 49.00 days in March of 2023 in Baldwin Park, California.The median listing price per square foot of a home and a condo was $526.00 in March of 2024 up from $521.00 in February of 2024, and gained 6.0% from $495.00 in March of 2023 in Baldwin Park, California.For complete more detailed information about Realtor.com’s latest home... 04/17/2024

 WISCONSIN FORESTLAND SOLD REPORT April 2024 Rusk County; Hunting, Timber, Investments! Market Snapshot for 20+ Acre Properties   Sold Properties Report Price Total Acres $/Acre Original MLS # Status Municipality County $30,000 30 $1,000 22230374 Sold Hawkins Rusk $42,900 36.5 $1,175 1573082 Sold Flambeau Rusk $55,000 20 $2,750 1576486 Sold Hubbard Rusk $60,000 40 $1,500 1579043 Sold Lawrence Rusk $70,000 30 $2,333 1572658 Sold South Fork Rusk $70,000 20 $3,500 1577691 Sold Lawrence Rusk $70,000 120 $583 1576589 Sold Ladysmith Rusk $77,000 25.48 $3,022 1573751 Sold Grant Rusk $82,500 40 $2,063 6111067 Sold Hawkins Rusk $83,500 40 $2,088 6441556 Sold Richland Rusk $89,000 26 $3,423 1577196 Sold Rusk Rusk $90,000 40 $2,250 1575609 Sold Glen Flora Rusk $90,000 40 $2,250 6410677 Sold Dewey ... 04/24/2024

 WISCONSIN FORESTLAND SOLD REPORT April 2024 Polk County; Hunting, Timber, Investments! Market Snapshot for 20+ Acre Properties   Sold Properties Report Price Total Acres $/Acre Original MLS # Status Municipality County $89,900 20.92 $4,297 1578664 Sold Lorain Polk $120,000 39.41 $3,045 6392309 Sold Luck Polk $125,000 20.1 $6,219 6430695 Sold Clear Lake Polk $125,000 20 $6,250 1578678 Sold Sterling Polk $138,000 42 $3,286 6303268 Sold Bone Lake Polk $140,000 32.4 $4,321 6432726 Sold Clear Lake Polk $142,500 32.63 $4,367 6352084 Sold Luck Polk $150,000 28.9 $5,190 1572331 Sold Luck Polk $159,000 26.91 $5,909 1575459 Sold Alden Polk $159,000 26.91 $5,909 6410179 Sold Alden Polk $162,000 38.81 $4,174 6355276 Sold Osceola Polk $162,000 38.81 $4,174 1572235 Sold Other Polk $165,000 99.15 $1,... 04/24/2024

 WISCONSIN FORESTLAND SOLD REPORT April 2024 Barron County; Hunting, Timber, Investments! Market Snapshot for 20+ Acre Properties   Sold Properties Report Price Total Acres $/Acre Original MLS # Status Municipality County $10,000 28.22 $354 1566792 Sold Dovre Barron $95,000 25.45 $3,733 6332631 Sold Lakeland Barron $95,000 25.45 $3,733 1571108 Sold Lakeland Barron $100,000 20.58 $4,859 1576238 Sold Oak Grove Barron $110,000 30 $3,667 6441281 Sold Arland Barron $110,000 30 $3,667 1577303 Sold Arland Barron $112,000 40 $2,800 1576704 Sold Dovre Barron $112,000 40 $2,800 6440114 Sold Dovre Barron $125,000 26.46 $4,724 1576337 Sold Oak Grove Barron $130,000 28.61 $4,544 1573454 Sold Barron Barron $152,000 32 $4,750 1573088 Sold Cameron Barron $165,000 56.36 $2,928 1578059 Sold Clinton Barro... 04/23/2024

 WISCONSIN FORESTLAND SOLD REPORT April 2024 Sawyer County; Hunting, Timber, Investments! Market Snapshot for 20+ Acre Properties   Sold Properties Report Price Total Acres $/Acre Original MLS # Status Municipality County $22,500 40 $563 1578351 Sold Draper Sawyer $35,000 20 $1,750 1578139 Sold Winter Sawyer $45,000 40 $1,125 1572337 Sold Winter Sawyer $45,000 27.36 $1,645 1576042 Sold Radisson Sawyer $46,000 20 $2,300 1573931 Sold Radisson Sawyer $48,000 38.76 $1,238 6259657 Sold Winter Sawyer $48,000 38.76 $1,238 1568551 Sold Winter Sawyer $50,000 40 $1,250 22400339 Sold Winter Sawyer $50,000 40 $1,250 1570989 Sold Winter Sawyer $56,787 20.96 $2,709 1578633 Sold Ojibwa Sawyer $64,900 20 $3,245 1576515 Sold Exeland Sawyer $64,900 20 $3,245 1576815 Sold Winter Sawyer $67,000 20 $3,350 1... 04/23/2024

  Local Market Update  Waikiki Honolulu, March 2024   Single Family Homes March Year to Date 2024 / 2023 Change% 2024 / 2023 Change% Closed Sales No Recorded Sales No Recorded Sales Median Sales Price $0 / $0  0% $0 / $0  0% Percent of Original List Price Received 0 / 0%  0% 0 / 0  0% Median Days on Market Until Sale 0 / 0  0% 0 / 0  0% New Listings 0 / 0  0% 0 / 0  0% Pending Sales 0 / 0  0% 0 / 0  0% Active Inventory 0 / 0  0% ---    Condos March Year to Date 2024 / 2023 Change% 2024 / 2023 Change% Closed Sales 82 / 97  -15% 237 / 251   -6% Median Sales Price $440,000 / $470,000  -6% $435,000 / $403,750  0% Percent of Original List Price Received 97.9% / 97.3%  1%  97.0% / 97.0%  0% Median Days on Market Until Sale 33 / 31  6% 36 / 27  33% New Listings 170  / 150  13% 446  / 379  18% ... 04/17/2024