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Real Estate Market Trends

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Recent blogs on Real Estate Market Trends
On September 18, 2024, Realtor.com reported that in South Pasadena, California median list price was $1,600,000 in August of 2024 lower from $1,698,000 in July of 2024, but jumped 28.0% from $1,159,000 in August of 2023. While, median sales price for a home and a condo was $1,800,000 in August of 2024, higher 2.0% from August of 2023 in South Pasadena, California.Houses stayed 52.00 days in the market in August of 2024 increased from 43.00 days in July of 2024, but decreased from 72.00 days in August of 2023 in South Pasadena, California.The median listing price per square foot of a home and a condo was $857.00 in August of 2024 up from $852.00 in July of 2024, and rose 10.0% from $774.00 in August of 2023 in South Pasadena, California.For complete more detailed information about Realto...
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By Sean Gilliam, Real Estate on the Front Range
(LoKation Real Estate)
I hope you are doing well!  The school year is well under way as is the football season.  The Aspens are starting to change color so make sure you plan a Fall Color Tour in the next week or so.  The leaves are already starting to change in Rocky Mountain National Park. We are getting into the Fall market with many variables impacting how the market is trending.  On the positive side, we have lower mortgage interest rates, about 6.15% for a 30-year fixed rate mortgage right now.  We also have the ongoing issue of affordability that impacts a lot of would-be home buyers.  In this update, I take a look at the data and discuss the impact that these and other variables are having on our housing market.In other news, the way we do real estate has changed as of August 17th.  You may have seen ...
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By Kimo Stowell, REALTOR® RS-76763 - Honolulu Hawai'i
(HI Pro Realty LLC RB-21531 )
  Local Market Update  Ala Moana & Kaka'ako Honolulu, August 2024   Single Family Homes August Year to Date 2024 / 2023 Change% 2024 / 2023 Change% Closed Sales 1 / 0   3 / 4  -25% Median Sales Price $2.2M / -    $1.1M / $1.24375M   -12% Percent of Original List Price Received 100.0% / -   96.5% / 92.1%  5% Median Days on Market Until Sale 17 / -   37 / 15  147% New Listings 1 / 1  0% 6 / 7  -14% Pending Sales 0 / 1  -100% 6 / 4  50% Active Inventory 4 / 3   33% ---    Condos August Year to Date 2024 / 2023 Change% 2024 / 2023 Change% Closed Sales 36 / 44  -18%  332 / 363  -9%  Median Sales Price $835,000 / $727,500  15% $740,000 / $690,000  7% Percent of Original List Price Received 97.1% / 95.3%  2% 96.1% / 96.8%  -1%    Median Days on Market Until Sale 44 / 50  -12% 52 / 40  30% New ...
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By Lise Howe, Assoc. Broker in DC, MD, VA and attorney in DC
(Keller Williams Capital Properties)
The number of homes selling over $1 million across the country is up to 8% of all homes.  Pre pandemic it was only 4%.  If you think it is more expensive to buy a home, you are right!  In the DC metro area the numbers are even worse.  In July 2024, the percent of homes in DC that sold over $1 million was 35.95%.  In Montgomery County it was 27.4%  In Arlington it was 52.67% and 27.3% in Alexandria.Even though affordability is improving, buying a home can still feel tough right now. But here’s some good news: builders are focusing their efforts on building smaller homes, and they’re offering key incentives to buyers. And both of these things can be a big help if you're worried about finding a home that’s right for your budget. Builders Are Building Smaller Homes During the pandemic, home...
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By Tariq Thomas, Real Estate Agent, Developer & Problem Solver
(THG of MD LLC)
Top 5 Neighborhoods in Baltimore for Young Professionals: Where to Live and Thrive in 2024Baltimore is a city with a rich history, vibrant culture, and an evolving economy—making it an excellent place for young professionals to call home. Whether you're looking for a trendy social scene, proximity to work, or a neighborhood that offers affordable living with great amenities, Baltimore has something for everyone. But with so many options, it can be overwhelming to find the right spot.In this blog, we’ll explore the top 5 neighborhoods in Baltimore for young professionals. These areas not only offer exciting urban living but are also highly connected to the job market and lifestyle needs of career-driven individuals. Let’s dive into the best neighborhoods that combine convenience, afforda...
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On September 18, 2024, Realtor.com reported that in Glendale, California median list price was $1,207,500 in August of 2024 lower from $1,212,000 in July of 2024, but up 0.0% from $1,204,525 in August of 2023. While, median sales price for a home and a condo was $1,200,000 in August of 2024, fell 11.0% from August of 2023 in Glendale, California.Houses stayed 39.00 days in the market in August of 2024 decreased from 46.00 days in July of 2024, but increased from 38.00 days in August of 2023 in Glendale, California.The median listing price per square foot of a home and a condo was $699.00 in August of 2024 higher from $691.00 in July of 2024, and gained 6.0% from $657.00 in August of 2023 in Glendale, California.For complete more detailed information about Realtor.com’s latest homes and ...
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By Jeff Dowler, CRS, The Southern California Relocation Dude
(eXp Realty of California, Inc.)
What’s my Escondido Home Worth? Escondido Market Report for August 2024 Escondido is about 20 miles east of the beaches, and borders San Marcos and Fallbrook in North San Diego County. It’s important that buyers and sellers in the Escondido housing market have up-to-date information about the local market conditions (Read More: Real Estate Is Local…But HOW Local?) so they can make informed buying and selling decisions about Escondido homes for sale. READ MORE:A Tour of Escondido – A Diverse Inland San Diego Community The following data are from the MLS (private sales are not included, nor are multifamily properties, or mobile and manufactured homes). The information is believed reliable at the time this market report was written but are not guaranteed. 90 homes sold in August, 27% fewer...
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By Jessica Hood, REALTOR®, The Roskelly Team - Fort Meade Area Real Estate
(The Roskelly Team)
Piney Orchard housing inventory got the "Back to School housing lull" inventory increase this month.  Something we are usually well insulated from.  There were 26 properties offers for sale in the community.  8 properties are under contract and headed to settlement and 10 homes sold with an average price of $457,000.  One single family home with almost 6,000 s.f. of living area just kissed the $1,000,000 sale price mark closing at $990,000, which was $2,000 less than the asking price,  We'll expect to see more of that as the larger single family homes sel in this neighborhood.   They are few and far between on the market.If you're thinking of selling your Piney Orchard home, we'd love to talk!  The Roskelly Team specializes in Piney Orchard real estate and our marketing plan ensures you...
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By David Welch, Real Estate Optimist - #OrlandoRealEstate
(Charles Rutenberg Realty)
Last month the inventory of all types of homes for sale was up 88% compared to a year ago. There were 11,511 at the end of last month compared to 6,115 at the end of August 2023. The median home price was up 3% compared to August of 2023. The median sales price last month was $384,500 compared to $375,000 the year before. The total number of closed sales was down by 5% compared to the same month last year. There were 2,655 closed sales this August compared to 2,792 last year. New listings were up compared to last year, but new contracts and the total number of properties under contract were both down. The average days on market, average days to sale and the months supply of inventory were all up as well, pointing to a slowing market. Take a look at this brief video provided by the Orlan...
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On September 17, 2024, California Association of Realtors (C.A.R) reported the single family homes values grew 0.2% to the price of $888,740 in August of 2024 from price of $886,560 in July of 2024, and gained 3.4% from price of $859,670 in August of 2023 in California.There were 262,050 single family homes sold in California in August of 2024 declined 6.3% from 279,810 in July of 2024 but increased 2.8% from 254,820 home sales in August of 2023.The average price for a square foot was  $427.00 in August of 2024, jumped from $416.00 in August of 2023.There were 3.2 months supplies of available inventory of single family homes in August of 2024, higher from 2.9 months in July of 2024, and from 2.4 months in August of 2023 in California.An average it took 22.0 days to sell a single family ...
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On July 17, 2024, California Association of Realtors (C.A.R) reported that there were 26 homes sold in August of 2024, gained 18.2% from August of 2023, and medium existing home price was $1,36 Million in August of 2024, dropped 16.2% from August of 2023 in Burbank, California.There were 45 active listing homes in August of 2024, increased 12.5% from August of 2023; while home stayed 22 median days on the market in August 2024 in Burbank, California.For complete more information about the California Association of Realtors’ August of 2024 Burbank, California homes sales and value report, please click HERE
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By Nicholas Crane, Managing & Appraising Forest Land
(Woodland Companies)
The Wisconsin Woodland Report September 2024 Marquette County Land; Hunting, Timber, Investments!  Market Snapshot for 20+ Acre Properties             Available Properties Report Price Total Acres $/Acre Original MLS # Status Municipality County $275,000 48.29 $5,695 1975389 Active Westfield Marquette $399,000 115.5 $3,455 1963601 Active Mecan Marquette $525,000 50 $10,500 1971320 Active Moundville Marquette $749,900 84.49 $8,876 1982944 Active Neshkoro Marquette $1,289,900 79.96 $16,132 50291148 Active Springfield Marquette      $     8,876 Median Price / Acre       $3,238,800                    378  $     8,563 Average Price / Acre        For more information on any of these properties call us, or send an email with the mls number and your contact info to WoodlandTeamWI@gmail.com or ...
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By Nicholas Crane, Managing & Appraising Forest Land
(Woodland Companies)
The Wisconsin Woodland Report September 2024 St. Croix County Land; Hunting, Timber, Investments!  Market Snapshot for 20+ Acre Properties             Available Properties Report Price Total Acres $/Acre Original MLS # Status Municipality County $275,000 20 $13,750 1584230 Active Glenwood St. Croix $290,000 40 $7,250 6547298 Active-W/Offer Glenwood City St. Croix $375,000 40 $9,375 1583684 Active-W/Offer Baldwin St. Croix $375,000 40 $9,375 6565448 Active-W/Offer Baldwin St. Croix $379,500 55 $6,900 6579938 Active Glenwood City St. Croix $379,900 40 $9,498 1581922 Active Rush River St. Croix $379,900 39.6 $9,593 6534399 Active Rush River St. Croix $379,900 39.6 $9,593 1581920 Active Rush River St. Croix $379,900 40 $9,498 6534415 Active Rush River St. Croix $499,000 43 $11,605 1583393 ...
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By Dave Sulvetta, Realtor
(Dave Sulvetta, eXp Connection, Gloucester County Realtor)
Gloucester Township, New Jersey Market Report (September 8 - 14) 📅🏡 **Market Highlights:**The real estate scene in Gloucester Township for the week of September 8th to 14th was bustling with activity, indicating a vibrant market for both buyers and sellers! 🎉**📈 New Listings:**- **6 New Listings** hit the market, introducing fresh options for prospective buyers. 🏠✨**🔍 Active Listings:**- During this week, there were **83 active listings** available, giving buyers a range of choices to consider. 🛒🔑**🤝 Sales Activity:**- **15 Properties** went under contract, signaling a healthy demand in the market. 📊💼- The **Average Pending Price** for homes waiting to settle stood at **$348,326**, reflecting a strong pricing point for the area. 💰🔖**⏳ Days on Market:**- The average days that sold homes ...
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By Michael Peron, Michael Peron, Dave Florida Real Estate
(South Florida Home Solutions)
Weston Florida Real Estate Market Report for August 2024. With 38 Closed Real estate closings and 74 new listings. The active inventory is 8.21 months in August and the average days on market are 40 days.Find Out What Your Neighbors Homes Are Selling For --> WestonHomeValuesWeston Condos, Villa's and Townhomes for sale --> SearchCondosNowWeston Single Family homes for sale --> SearchSingleFamilyWeston Vacant Land For sale -->  VacantLandForSale
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By Michael Peron, Michael Peron, Dave Florida Real Estate
(South Florida Home Solutions)
Weston Florida Real Estate Condos, Villa's and Townhome Market Report for August 2024. With 5 Closed Real estate closings and 27 new listings. The active inventory is 18.20 months in August and the average days on market are 65 days. Find Out What Your Neighbors Homes Are Selling For --> WestonHomeValuesWeston Condos, Villa's and Townhomes for sale --> SearchCondosNowWeston Single Family homes for sale --> SearchSingleFamilyWeston Vacant Land For sale -->  VacantLandForSale
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By Michael Peron, Michael Peron, Dave Florida Real Estate
(South Florida Home Solutions)
Weston Florida Top Single-Family Home Sales of 2024 Weston, Florida, is renowned for its family-friendly atmosphere, beautiful landscapes, and top-rated schools, making it a hotspot for single-family home buyers. In 2024, Weston continued to see strong demand for its luxurious, spacious homes nestled in gated communities. Below are some of the top-selling single-family home communities in Weston for 2024: 1. Windmill Ranch Estates Windmill Ranch Estates remains one of Weston’s most prestigious and top-selling communities. Known for its grand, custom-built homes and expansive lots, this gated community continues to attract high-end buyers. Top Features: Gated community, custom homes, expansive lots, lakefront views. Price Range: $2.5 million - $6 million Sales Trend: Homes with sprawling...
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By Michael Peron, Michael Peron, Dave Florida Real Estate
(South Florida Home Solutions)
Weston Florida Top Condo Sales of 2024 Weston, Florida, saw continued growth in its condo market throughout 2024, with various developments offering desirable amenities, modern designs, and proximity to parks and shopping centers. Known for its family-friendly atmosphere, excellent schools, and upscale lifestyle, Weston remains a hot spot for both investors and homebuyers seeking condos. Here’s a look at the top condo sales in Weston for 2024: 1. Bonaventure Condos Bonaventure is one of the most established and sought-after condo communities in Weston. With a variety of unit sizes, from cozy 1-bedrooms to spacious 3-bedrooms, Bonaventure offers options for all buyers. Top Features: Golf course views, access to Bonaventure Town Center Club, pools, and tennis courts. Price Range: $250,000...
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By Michael Peron, Michael Peron, Dave Florida Real Estate
(South Florida Home Solutions)
Tamarac Florida Top Condo Sales of 2024Tamarac, Florida, has seen strong condo sales in 2024, driven by its affordability, proximity to Fort Lauderdale, and the availability of 55+ communities that cater to retirees. With a mix of established communities and newer developments, Tamarac offers a wide range of options for buyers looking for a more suburban lifestyle at a reasonable price. Below are some of the top-selling condo communities in Tamarac for 2024:1. Kings Point Kings Point remains one of the top-selling condo communities in Tamarac, especially popular among retirees. This 55+ community is known for its resort-style amenities, including a large clubhouse, theater, pools, and tennis courts. Top Features: 55+ community, resort-style living, gated entry. Price Range: $150,000 - $...
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By Michael Peron, Michael Peron, Dave Florida Real Estate
(South Florida Home Solutions)
Tamarac Florida Top Single-Family Home Sales of 2024Tamarac, Florida, has experienced a steady growth in its single-family home market throughout 2024. Known for its affordable housing options, proximity to major highways, and family-friendly neighborhoods, Tamarac continues to be a desirable location for both first-time homebuyers and those looking to upgrade. Below are some of the top-selling single-family home communities in Tamarac for 2024:1. Woodmont Woodmont remains one of the most prestigious and sought-after single-family home communities in Tamarac. Known for its golf course views and spacious homes, this neighborhood continues to attract high-end buyers. Top Features: Golf course views, large lots, luxurious homes. Price Range: $550,000 - $900,000 Sales Trend: Homes with upda...
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