Real Estate Market Trends

Oahu Housing Inventory SnapshotThe March 2024 Oahu Hawaii Housing Inventory Snapshot represents aggregated values based on Honolulu MLS data as of March 28, 2024, and shows that the Oahu housing market experienced notable trends and fluctuations across different property types. Average list prices have generally increased, particularly in the luxury single-family segment, indicating seller optimism regarding property values. However, average sold prices show more variability, with some property types experiencing declines. The luxury segment, despite longer days on market for single-family homes, demonstrates strong demand, reflected in rising prices. Additionally, while inventory has decreased in certain segments, a surge in regular condo/townhome listings suggests shifting market dyna... 04/14/2024

On April 11, 2024, Realtor.com reported the fallowing nationwide median weekly housing trends for the week ending April 6, 2024.Total available listings jumped 30.4% for the week ending April 6, 2024, from the same period of time in April of 2023.Time on the market decreased 1 days for the week ending April 6, 2024,  from the same period of time in April of 2023.Median listing prices declined 0.1% for the week ending April 6, 2024, from the same period of time in April of 2023.New listing in the market rose 30.1% for the week ending April 6, 2024, from the same period of time in April of 2023.For complete more detailed information about Realtor.com’s real estate trends for the week ending in April 6, 2024, please click HERE 04/14/2024

What’s the Value of My Del Mar Home? Del Mar Home Sales for March 2024 Del Mar is a small seaside town in North San Diego County, and one of the more expensive coastal communities. The most expensive San Diego County property sold publicly was in Del Mar (about $48,000,000 in 2007) according to the MLS. That oceanfront property sold again for $43M in March 2020. Having up-to-date information on the local housing market conditions in Del Mar is essential in order for buyers and sellers to make informed decisions about Del Mar homes for sale. The data are taken from the MLS (the data are believed accurate at the time this report was compiled, but are not guaranteed, and do not include private/non-MLS sales).  READ MORE: Del Mar – Affluent Seaside Town (A Community Profile) 12 homes sold i... 04/14/2024

Pigtown, Baltimore, MarylandPigtown is an affordable historic community in central southwest Baltimore City bordered by  Martin Luther King jr Boulevard to East Monroe Street and West Pratt Street to the north close to many amenities including Camden Yard, Raven Stadium, the Inner Harbor, and the Camden Yard Metro station.The neighborhood acquired its name during the second half of the 19th century when the area was the site of butcher shops and meat packing plants to process pigs transported from the Midwest on the B & O Railroad, they were herded across Ostend and Cross Streets to be slaughtered and processed.  I've been told a lot of the homes along that route had their kitchens in the basement and wives would reach out the basement windows and grab a pig as they ran through the stre... 04/15/2024

On April 11, 2024, Realtor.com reported the fallowing nationwide median weekly housing trends for the week ending April 6, 2024.Total available listings jumped 30.4% for the week ending April 6, 2024, from the same period of time in April of 2023.Time on the market decreased 1 day for the week ending April 6, 2024,  from the same period of time in April of 2023.Median listing prices down 0.1% for the week ending April 6, 2024, from the same period of time in April of 2023.New listing in the market rose 30.1% for the week ending April 6, 2024, from the same period of time in April of 2023.For complete more detailed information about Realtor.com’s real estate trends for the week ending in April 6, 2024, please click HERE 04/14/2024

On April 8, 2024, Realtor.com reported that in Sun Valley, California median list price was $899,958 in March of 2024 higher from $839,000 in February of 2024, and rose 12.0% from $794,500 in March of 2023. While, median sales price for a home and a condo was $850,000 in March of 2024, jumped 13.0% from March of 2023 in Sun Valley, California.Houses stayed 38.00 days in the market in March of 2024 decreased from 49.00 days in February of 2024, and declined from 50.00 days in March of 2023 in Sun Valley, California.The median listing price per square foot of a home and a condo was $591.00 in March of 2024 lower from $657.00 in February of 2024, but gained 2.0% from $582.00 in March of 2023 in Sun Valley, California.For complete more detailed information about Realtor.com’s latest homes a... 04/13/2024

What’s the Value of My Rancho Santa Fe Home? Rancho Santa Fe Home Sales for March 2024 Buyers and sellers in Rancho Santa Fe need current information about local market conditions in order to make informed buying or selling decisions about Rancho Santa Fe homes for sale.  The Rancho Santa Fe housing market is the most expensive in San Diego County on average. There are large estates, gated communities, and luxury and equestrian properties on expansive lots, often measured in acres. At the time this report was compiled there were 27 homes listed at over $10,000,000. LEARN MORE ABOUT RANCHO SANTA FE:  Rancho Santa Fe - Luxury Home Buyer's Paradise in San Diego Here’s what happened in the Rancho Santa Fe housing market in March 2024 based on data in the MLS (private sales are not included)... 04/13/2024

On April 8, 2024, Realtor.com reported that in South Pasadena, California median list price was $1,898,000 in March of 2024 higher from $1,649,500 in February of 2024, and rose 16.0% from $1,595,000 in March of 2023. While, median sales price for a home and a condo was $2,100,000 in March of 2024, jumped 21.0% from March of 2023 in South Pasadena, California.Houses stayed 51.00 days in the market in March of 2024 decreased from 73.00 days in February of 2024, but down from 57.00 days in March of 2023 in South Pasadena, California.The median listing price per square foot of a home and a condo was $890.00 in March of 2024 lower from $954.00 in February of 2024, but gained 7.0% from $825.00 in March of 2023 in South Pasadena, California.For complete more detailed information about Realtor.... 04/13/2024

The Wisconsin Woodland Report April 2024 Waupaca County Land; Hunting, Timber, Investments!  Market Snapshot for 20+ Acre Properties     Available Properties Report Price Total Acres $/Acre Original MLS # Status Municipality County $65,900 28 $2,354 50289014 Active Mukwa Waupaca $172,000 40 $4,300 50277758 Active St. Lawrence Waupaca $240,000 76.03 $3,157 50282699 Active-W/Offer Fremont Waupaca $244,900 35.21 $6,955 50288277 Active-W/Offer Harrison Waupaca $399,000 23.01 $17,340 50261186 Active Waupaca Waupaca $399,900 152.65 $2,620 50285020 Active Lind Waupaca $400,000 29 $13,793 50249847 Active Farmington Waupaca $450,000 24.15 $18,634 50265375 Active Iola Waupaca $460,000 55.5 $8,288 50285065 Active Iola Waupaca $499,000 72 $6,931 50286467 Active Matteson Waupaca $575,000 88 $6,534 5... 04/22/2024

The Wisconsin Woodland Report April 2024 Waushara County Land; Hunting, Timber, Investments!  Market Snapshot for 20+ Acre Properties     Available Properties Report Price Total Acres $/Acre Original MLS # Status Municipality County $95,000 25.58 $3,714 1863738 Active Warren Waushara $115,000 20.22 $5,687 50265473 Active Redgranite Waushara $143,000 26 $5,500 1969534 Active Hancock Waushara $159,800 27.07 $5,903 50288687 Active-W/Offer Aurora Waushara $170,000 42.3 $4,019 50287912 Active Aurora Waushara $170,000 20 $8,500 50288453 Active Dakota Waushara $239,900 20.01 $11,989 1972565 Active-W/Offer Coloma Waushara $410,000 80 $5,125 22232685 Active Deerfield Waushara $425,000 36.84 $11,536 50285683 Active Warren Waushara $510,000 134 $3,806 50273785 Active Warren Waushara $829,900 146 $... 04/22/2024

The Wisconsin Woodland Report April 2024 Wood County Land; Hunting, Timber, Investments!  Market Snapshot for 20+ Acre Properties     Available Properties Report Price Total Acres $/Acre Original MLS # Status Municipality County $178,155 37.35 $4,770 1578669 Active Pittsville Wood $298,550 71.5 $4,176 1578376 Active Pittsville Wood $315,000 35 $9,000 22106337 Active Marshfield Wood $399,900 147.4 $2,713 22401049 Active Remington Wood $569,900 127.4 $4,473 22235020 Active-W/Offer Rock Wood $799,900 200 $4,000 1969604 Active Port Edwards Wood $1,300,000 46.56 $27,921 1579383 Active Cameron Wood $1,750,000 31.97 $54,739 22203901 Active Marshfield Wood      $     4,622 Median Price / Acre       $5,611,405               697  $     8,049 Average Price / Acre        For more information on any... 04/20/2024

Discovery West Is A New Westside Bend Oregon Subdivision Discovery West is the latest subdivision in the NorthWest Crossing area of Bend's Westside. Developed west of Summit High School and with 40 acres of parks with miles of trails, the project offers a variety of housing options, ranging from apartments, town homes, cottages and single-family homes. Discovery West is being built under the "transect" concept of urban development in which the housing density decreases the further out people go from the urban core. The goal with this type of development is to help mitigate wildfire risk and the impact on wildlife.  Discovery West Is Popular With Bend Home Buyers There is a lot of new construction occurring in Discovery West.  As a new subdivision, many contractors are building spec hom... 04/12/2024

04/12/2024

What’s the Value of My Oceanside Home? Oceanside Home Sales for March 2024 The Oceanside housing market continues to shift. This market report does not include private sales, mobile, or multifamily housing (information was derived from the MLS and is believed accurate when this report was written but not guaranteed). Having current information about local market conditions from a knowledgeable REALTOR will help you make informed buying and selling decisions about Oceanside homes for sale. READ MORE: Oceanside California – A Growing and Changing Coastal San Diego Community There were 133 homes sold in Oceanside’s 4 zip codes (92054, 92056, 92057, and 92058), 18% more sales than in February. Here are the details: Single Family Homes Sold88 (up 16%); 18 Average Days on Market; Average Sale... 04/12/2024

Buyers sprung into action this last weekend putting 21.4% more homes under contract than over Easter weekend, and when looking at the same week one year ago pending transactions were also up 14.9%. After a slower start to the year, buyers appear to now be ready to jump on new listings.   I hope this message finds you well and ready to tackle the opportunities of the current real estate market. This week’s report, covering April 3rd to 9th, 2024, offers exciting insights that are crucial for your strategy.Market Performance Insights:•This past weekend was particularly active with a significant increase in homes going under contract, reflecting a robust uptick compared to Easter weekend and a notable improvement from the same period last year. It appears that buyers, after a slower start... 04/13/2024

The past few years were quite uncertain when buying and selling real estate. Huge mortgage rates still primarily affected investment in rental properties or buying new homes, and the inflation didn't help either. As we are nearing the first quarter of 2024, things don't seem to be changing regarding economic uncertainties and shifting housing dynamics. So, lots of experts pose the question, "Will the rental market crash in 2024?" As we deeply dive into the trends and data from previous years and follow the forecasts for the upcoming period, we outline the general findings. So, if you are a property owner thinking about selling or renting your property or a property management company owner/employee eager to know what the future holds for the business, read on to find out what to expect.... 04/12/2024

I will be providing weekly real estate market updates on my town, Burlington Township, New Jersey.  May this be the first of many. New Listings              5                         Total Active                16Pending                      1Total Pending            12New Closed                0Average Sales Price      N/A While the "zero closed" may seem surprising, it is not unusual to see most monthly closings happen at or near the end of the month, as a buyer's closing cost (prepaid interest) shrinks.  Please contact me with any questions about your current real estate needs at (609) 864-8164. https://michaelelliott.fathomrealty.com/      04/12/2024

Can you believe that we're already in April? This is David Buck with Harcourts Island Real Estate, here to report on the home and condo stats for March of 2024.Oahu Home StatsFirst off, we're going to dive into the single family home sales. There, we saw a dip in home sales from the previous year, which was down 2.5%.... Read More 04/11/2024

On April 8, 2024, Realtor.com reported that in Glendale, California median list price was $1,175,000 in March of 2024 lower from $1,250,000 in February of 2024, but higher 6.0% from $1,099,500 in March of 2023. While, median sales price for a home and a condo was $1,200,000 in March of 2024, gained 4.0% from March of 2023 in Glendale, California.Houses stayed 37.00 days in the market in March of 2024 dropped from 42.00 days in February of 2024, but decreased from 43.00 days in March of 2023 in Glendale, California.The median listing price per square foot of a home and a condo was $659.00 in March of 2024 declined from $676.00 in February of 2024, but up 0.0% from $658.00 in March of 2023 in Glendale, California.For complete more detailed information about Realtor.com’s latest homes and ... 04/11/2024

We are into our Spring market in the real estate world.  In this episode I cover the most recent data in a year-over-year and month-over-month format so you can see how the market is trending.  We do have some headwinds as we get into our Spring market, including higher interest rates and higher home values.  Despite the impact this is having on affordability, the market is remaining stable.  This is mostly due to home buyers and sellers that are doing what they can to make things work for their needs.  In this episode, I also cover the most recent inflation data, mortgage interest rates and give an update on the real estate broker commission lawsuits and settlements that you’ve likely seen in the news.If you’re thinking of buying in this market, you might look at newly built homes, as ... 04/11/2024