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 Gloria Todor, & Doug Durren (484) 431-3686 in SE PA
(Premier Property Sales & Rentals)
Residential Houses For Sale in Media, Delaware County, PA as of September 19, 20234 Active Listings Price Range $300,000 - $895,0007 Houses Pending Sale Sold in Media in August 2021 2022 2023 # Sold 4 4 3 Average Days on Market 7 40 7 Minimum Price Sold $215,000 $265,000 $170,000 Maximum Price Sold $620,000 $650,000 $450,500 Median Price Sold $540,500 $457,000 $440,000 (info Bright MLS various brokers/agents)Media, PA is the County Seat of Delaware County.  Its motto is "Everybody's HomeTown".   
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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 September 19, 202317 Active ListingsPrice Range $269,900 - $1,250,00024 Houses Pending Sale Sold in Springfield in August 2021 2022 2023 # Sold 30 22 24 Average Days on Market 12 15 10 Minimum Price Sold $170,000 $280,000 $270,000 Maximum Price Sold $560,000 $755,000 $700,000 Median Price Sold $412,275 $419,000 $427,500 (info Bright MLS various brokers/agents)Smedley Park 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 Brookhaven, Delaware County, PA as of September 19, 202310 Active ListingsPrice Range $116,500 - $499,90021 Houses Pending Sale  Sold in Brookhaven August 2021 2022 2023 # Sold 16 8 18 Average Days on Market 8 11 12 Minimum Price Sold $96,000 $166,000 $143,200 Maximum Price Sold $390,000 $352,500 $424,000 Median Price Sold $257,500 $325,000 $301,250 (info Bright MLS various brokers/agents)Brookhaven 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 Homes for Sale in Upper Providence Township, Delaware County, PA as of September 19, 202310 Active ListingsPrice Range $379,000 - $3,995,00015 Houses Pending Sale Sold in Upper Providence Twp  August 2021 2022 2023 # Sold 18 9 14 Average Days on Market 10 13 15 Minimum Price Sold $305,000 $360,000 $385,000 Maximum Price Sold $976,000 $1,900,000 $2,175,000 Median Price Sold $577,500 $585,000 $625,000 (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 Jan Green - Scottsdale, AZ, HomeSmart Elite Group, REALTOR®, EcoBroker, GREEN
(Value Added Service, 602-620-2699)
In every industry there are innovators that are always forging ahead. Real estate is no different. Check out my latest speaking gig in Ohio. THANK YOU to the Ohio Association of REALORS® for the opportunity and to the efforts of Jan Jedlinsky and Christopher Matos-Rogers for your collaboration! You guys rock! A BIG Thank you to Jan Jedlinsky for the invitation to speak and teach continuing education to Ohio REALTORS® in Cincinnati on 9/11. Jan served as the moderator and did an excellent job putting the class in front of the Association and it's members; while Christopher Matos-Rogers and I added content. Together, we helped realtors think differently and, challenged them to learn what is already mainstream for the public. Understanding sustainability isn't rocket science, but it is an...
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By John Pusa, Your All Time Realtor With Exceptional Service
(Berkshire Hathaway Home Services Crest)
On September 18, 2023, California Association of Realtors (C.A.R) reported the homes values higher 0.3% to the price of $792,500 in August of 2023 from price of $790,000 in July of 2023, and gained 3.6% from price of $765,000 in August of 2022 in Los Angeles Metro Area, California. While, homes sales increased 9.3% in August of 2023 from July of 2023, but fell 13.4% from August of 2022 in Los Angeles Metro Area, California.There were 2.4 months supplies of available inventory of homes in August of 2023, down from 2.7 months in July of 2023, and decreased from 3.1 months in August of 2022 in Los Angeles Metro Area, California.An average it took 20.0 days to sell a home in August 2023, up from 19.0 days in July of 2023, but declined from 25.0 days in August of 2022 in Los Angeles Metro Ar...
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By Dave Sulvetta, Realtor
(Dave Sulvetta, eXp Connection, Gloucester County Realtor)
 Valleybrook Blackwood NJ | Summer 2022 | Summer 2023 Real EstateMarket Comparison  Valleybrook offers both townhomes and condos and it's interesting to observe the changes in the real estate market over the course of these two summers. Let's compare the statistics for both years to see how the market evolved.Check out up to date Valleybrook Blackwood NJ Active and sold homesSummer of 2022:Total Homes Sold: 17Average Days on Market: 19Average Original List Price: $239,724Average Sold Price: $249,495Total Sales Volume: $4,241,409Percentage of Asking Price Achieved: 104%Bank-Owned Sales: 2Cash Buyers: 5Conventional Financing: 10FHA Financing: 2Now for the REAL GOOD STUFFSummer of 2023:Click here to see moreGet in touch with Valleybrooks' Number 1 agent for ALL TimeDave Sulvetta Cell: 856....
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By Ron Lanzillotta & Mike Pesce, The Pesce & Lanzillotta Team, at BHHS
(The Pesce & Lanzillotta Team, at Berkshire Hathaway Homeservices)
At the beginning of 2023, many experts predicted that home prices would dip at the end of the year. After months and months of sustained home price growth, it seemed inevitable that this would be the year where we’d see a small change in home prices.However, 2023 hasn’t gone as predicted. With the Fed electing to raise the Federal Funds Rate four times already in 2023, mortgage interest rates have risen from about 6.5% at the beginning of the year to 7.5% at the time of writing for a 30-year fixed-rate loan. As a result of rising interest rates, many homeowners have decided to stay put, driving down inventory across the country. In markets like Long Island where inventory has been ultra-low since the start of the pandemic, it’s adding an extra challenge for buyers who still want and nee...
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By Bill Salvatore - East Valley, Realtor - 602-999-0952 / em: golfArizona@cox.net
(Arizona Elite Properties )
If you’re hoping to buy a home this year, you’re probably paying close attention to mortgage rates. Since mortgage rates impact what you can afford when you take out a home loan – and affordability is a challenge today – it’s a good time to look at the big picture of where mortgage rates have been historically compared to where they are now. Beyond that, it’s important to understand their relationship with inflation for insights into where mortgage rates might go in the near future.Giving Context to the Sticker ShockFreddie Mac has been tracking the 30-year fixed mortgage rate since April of 1971. Every week, they release the results of their Primary Mortgage Market Survey, which averages mortgage application data from lenders across the country (see graph below):Looking at the right si...
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By Gloria Todor, & Doug Durren (484) 431-3686 in SE PA
(Premier Property Sales & Rentals)
Residential Houses For Sale in Delaware County PA as of September 19, 2023582 Active ListingsPrice Range $20,500 - $3,995,000804 Houses Pending Sale Sold in Delaware County in August 2021 2022 2023 # Sold 761 701 555 Average Days on Market 14 17 20 Minimum Price Sold $10,000 $43,000 $5,000 Maximum Price Sold $2,900,000 $5,750,000 $3,650,000 Median Price Sold $285,000 $325,000 $336,000 (info Bright MLS various brokers/agents)55+ Communities in Delaware County PAAre You Really Ready To Buy A Home? 
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By Ellie McIntire, Luxury service in Central Maryland
(Ellicott City Clarksville Howard County Maryland Real Estate)
Your EPIK Weekly Catonsville Real 🏠Estate market update- 9/19/23 🏠📊 If selling your home has been on your mind, seize the opportunity now! 💪 With robust demand and our seasoned expertise, you can unlock your property's full potential. ⭐ Don't miss out on this perfect moment – let's collaborate to turn your home into an extraordinary success story. Reach out today to kickstart your real estate journey! 🏡🔑 #RealEstateReport #MarketTrends #YourSuccessStory Register here for a FREE VIRTUAL SELLER Q&A on September 28th.https://bit.ly/FreeVirtualSeminarDid you know that every week we send out a weekly update of the market with all the Coming Soon homes (that you cannot see until they go Active), current Active homes, AND all the homes under contract and Sold? Want to get that email? https://b...
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By Lynnea Miller, Premier Real Estate Service in Central Oregon
(Bend Premier Real Estate)
Awbrey Butte Is One Of Bend's Premier Luxury Neighborhoods Originally developed by Brooks Resources in 1984, Awbrey Butte was "finished" in 2005. Containing over 1800 acres with 782 homesites, Awbrey Butte remains one of Bend's most prestigious neighborhoods. The development focused early on large homesites providing for privacy and retained much of the natural landscape and mature trees which existed there. Many homesites were situated to provide for Cascade Mountain, city or eastern views. A large number of the homes were built at a time in which natural woods were popular and the resulting neighborhoods often contained many large, lodge-style homes. Today's home buyers usually recognize the quality of these beautiful properties and may remodel them to a more current look while retai...
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By Gloria Todor, & Doug Durren (484) 431-3686 in SE PA
(Premier Property Sales & Rentals)
Residential Houses For Sale in Aston, Delaware County, PA as of September 19, 20239 Active ListingsPrice Range $120,000 - $1,200,00018 Houses Pending Sale Sold in Aston in August 2021 2022 2023 # Sold 27 16 11 Average Days on Market 10 11 8 Minimum Price Sold $30,000 $210,000 $189,900 Maximum Price Sold $595,000 $550,000 $720,000 Median Price Sold $327,000 $322,500 $321,000 (info Bright MLS various brokers/agents)Aston PA is part of the Penn-Delco School District.
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By Joyce Tawes, ABR, CRS, CLHMS, CNE
(Live Better in Scottsdale)
 Luxury Condo Sales in Scottsdale and Phoenix - August 2023August was actually a decent month for the luxury condo market in Scottsdale and Phoenix. We saw some upticks in contract volume and sales were up slightly. In order to be included in this report, all of the condos had to have a listing price of one million dollars or more. ACTIVE LISTINGS AT THE END OF AUGUSTThe number of luxury condos for sale remained level between July and August. At the end of the month, there were 41 condos for sale and 36 of them were located in Scottsdale. The highest and lowest priced condos for sale are carryovers from the past couple of months. The most expensive condo for sale, priced at $5,400,000, was located in ICON at Silverleaf. This spacious condo comes with 5,534 square feet, five bedrooms and...
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By Heather Tawes Nelson, Associate Broker, ABR, CLHMS, CRS - Scottsdale, AZ
(Live Better in Arizona )
- August 2023 Scottsdale Homes for Sale and Home Sales - As expected, August was a quiet month for home sales in Scottsdale. We see this seasonality for the most part annually as the summer months can be quite hot. We should also factor in interest rates and low inventory as well. On a positive note, actual home sales were up slightly, but contracts in the pipeline dropped. SCOTTSDALE HOME SALES ACTIVITY – AUGUST 2023 We track the four following items every month: - 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 - How many UCB contracts there were at the end of the month. - Pending home sales - Yellow Line - The number of pending sales at the end of the month.*- Home ...
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By Charles Stallions, 850-476-4494 - Pensacola, Pace or Gulf Breeze, Fl.
(Charles Stallions Real Estate Services )
 Why You Should Build a New Home in Santa Rosa CountySanta Rosa County is located in the western part of the sunny state of Florida. It was named after the Catholic Saint Rose of Viterbo and is known as one of the most beautiful counties in the area. The county comprises the area from Navarre in the east to Gulf Breeze, boasting some amazing beaches along the coastline. Although it primarily serves as a bedroom community to those who work in Pensacola, the county has much to offer to its residents! Although small in size, Santa Rosa features both vibrant cities and tranquil communities. Some major cities include Milton, the county seat, and the city of Gulf Breeze. The area boasts a vibrant economy centered on tourism and services and the major employers in Santa Rosa include Wal-Mart,...
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By Jeff Dowler, CRS, The Southern California Relocation Dude
(eXp Realty of California, Inc.)
What’s the Value of my Escondido Home?Escondido Home Sales for August 2023 Western Escondido is around 20 miles inland from the beaches, east of San Marcos and Fallbrook in North San Diego County. It’s important for buyers and sellers in the Escondido housing market to be well educated about current local market conditions (Read More: Real Estate Is Local…But HOW Local?) so they can make informed decisions about buying and selling Escondido homes for sale. READ MORE:A Tour of Escondido – A Diverse Inland San Diego Community The following data are derived from the MLS (private sales are not included, nor are multifamily properties, or mobile and manufactured homes). The statistics are believed reliable at the time this report was compiled but are not guaranteed. 101 homes sold in August,...
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By Krystyna Baty Ryan, HONESTY TRUST TECHNOLOGY SERVICE RESULTS
(Broker)
South Bay Real Estate Report for August '23South Bay real estate market is now a seller's market due to the very low inventory, stagnant home sales, high interest rates reducing the buyer pool.  While the sales numbers are down, the prices are steady or a bit higher when compared to a year ago. See our July Report to compare numbers on the month to month basis. Higher interest rates have impacted buyers but the low inventory dampens their impact on home prices.Below are real estate market reports for selected major markets in South Bay CA and Beach Cities - Torrance and Redondo Beach. Below you'll find property selling data in August '23 vs. August '22, broken down by property type. Torrance home sales were down by 9 percent while the average sales price for single family homes was up b...
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By Bob Crane, Forestland Experts! 715-204-9671
(Woodland Management Service / Woodland Real Estate, KW Diversified)
 WISCONSIN FORESTLAND SOLD REPORT Sept 2023 Ashland County; Hunting, Timber, Investments! Market Snapshot for 20+ Acre Properties   Sold Properties Report Price Total Acres $/Acre Original MLS # Status Municipality County $7,000 40 $175 6070299 Sold Gingles Ashland $11,500 40 $288 6101366 Sold Sanborn Ashland $14,500 40 $363 1569926 Sold Jacobs Ashland $30,000 80 $375 6070298 Sold Gingles Ashland $40,000 100 $400 6070297 Sold Gingles Ashland $45,000 80 $563 22202305 Sold Sanborn Ashland $45,000 34.55 $1,302 6103482 Sold Gingles Ashland $50,000 37.93 $1,318 6107271 Sold White River Ashland $64,900 20 $3,245 1570334 Sold Jacobs Ashland $69,900 25.84 $2,705 6105705 Sold La Pointe Ashland $75,000 37.3 $2,011 6108342 Sold High Bridge Ashland $87,000 80 $1,088 6105510 Sold Gingles Ashland $9...
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By Bob Crane, Forestland Experts! 715-204-9671
(Woodland Management Service / Woodland Real Estate, KW Diversified)
 WISCONSIN FORESTLAND SOLD REPORT Sept 2023 Langlade County; Hunting, Timber, Investments! Market Snapshot for 20+ Acre Properties   Sold Properties Report Price Total Acres $/Acre Original MLS # Status Municipality County $82,000 24.44 $3,355 22204628 Sold Wolf River Langlade $84,900 30 $2,830 50268177 Sold Polar Langlade $89,000 40 $2,225 22230323 Sold Ackley Langlade $89,141 40 $2,229 50268875 Sold Peck Langlade $120,000 40 $3,000 22203195 Sold Langlade Langlade $130,000 37.07 $3,507 50255299 Sold Rolling Langlade $130,000 39.15 $3,321 22230943 Sold Langlade Langlade $188,500 83.04 $2,270 1948926 Sold Norwood Langlade $216,000 40 $5,400 22232873 Sold Vilas Langlade $240,000 120 $2,000 22203135 Sold Other Langlade $247,500 86.92 $2,847 22232728 Sold Peck Langlade $255,000 120 $2,125 ...
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