Real Estate Market Trends

Gilbert, AZMon Dec 04 2023This week the median list price for Gilbert, AZ is $654,500 with the market action index hovering around 50. This is less than last month's market action index of 52. Inventory has increased to 342. The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.  The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.     YOUR   Latest activity in the VALLEY of the SUNFor ALL your Valley AZ Real Estate NeedsPHO... 12/04/2023

Beverly Crest Market Report - DEC 2023Beverly Crest remains one of the top selling communities in South Charlotte and once you tour this lovely community, you'll see why! From the location, north of Highway 51/Pineville-Matthews Road, to the top-ranked school assignments, this community truly has it all. Community amenities include winding sidewalks throughout the community, a community clubhouse, pond, tennis court, pool & recreation area.  Contact us for more information on this popular South Charlotte neighborhood - Call or text (704) 491-3310 or email SavvyBroker@me.com    November, 2023 Sales Data is in and is as follows: Average Sales prices are $604,396.Average Days on the Market - 9Average list-to-sales price ratio - 100.6% There is a 0.2 Month Supply of Inventory in Beverly Cre... 12/03/2023

Popular SouthPark Neighborhood Market Update DEC 2023  - Barclay Downs Barclay Downs - A SouthPark Community - Market Report OCT 2023 How's the Market in Barclay Downs? BARCLAY DOWNS SOUTHPARK CHARLOTTE:  SouthPark, once part of a 3,000-acre farm owned by N.C. Gov. Cameron Morrison, that has since been transformed into one of North Carolina’s most esteemed and successful live/work communities. It contains one of the most popular neighborhoods in Charlotte - Barclay Downs. Neighbors include SouthPark Mall, The Colony, Piedmont Row and more. Barclay Downs features several award winning public schools, a regional library, and plenty of general and specialty retail shopping.Barclay Down’s livability score is 68 – ranked #68 in Charlotte and #63 in North Carolina. Ranked A+ for amenities clo... 12/03/2023

Ballantyne (Charlotte NC) Real Estate Market Report - DEC 2023One of Charlotte's areas showing the most growth, the Ballantyne Charlotte NC area is appealing to those who want more square footage for the price, top ranked schools and close proximity to a thriving business center. Homes in Ballantyne range from affordable or luxurious townhomes to sprawling estates in Ballantyne Country Club, situated on the golf course.  The Ballantyne area is pristine, clean, upscale and features shopping, entertainment and the list of popular restaurants seems to be growing by the month! Here is the updated market report for the Ballantyne area of Charlotte, NC. The real estate market in one of the nation's most popular zip codes, 28277 (Ballantyne) continues to be a strong one and one most definitely... 12/03/2023

What’s the Value of My Cardiff-by-the-Sea Home? Cardiff Home Sales for November 2023 It’s essential for buyers and sellers in the Cardiff real estate market to have up-to-date information about local market conditions. This will enable you to make educated buying and selling decisions about Cardiff homes for sale. Supply and demand affect selling and buying in several ways, including pricing, competition, and time on market. It’s important to understand how local market conditions can impact your buying and/or selling decisions. Let’s talk now! Read More About Cardiff-by-the-Sea: Cardiff by the Sea – Quintessential Beach Community Like to Walk? Live in the Walking District in Cardiff CAWant to Live in a Musical Community? Try the Composer District in Cardiff, CA Here’s a summary of the ... 12/03/2023

Ballantyne Meadows: A Market Update - DEC 2023 📣 Looking for your dream home in Charlotte's Ballantyne area?  Don't miss this gem of a neighborhood! Nestled in the heart of Ballantyne, this sought-after community built by Shea Homes offers spacious lots, top-notch schools and neighbors with whom you'll want to enjoy the neighborhood social activities!  OH, did we mention, Ballantyne Meadows is zoned for award-winning schools too?  And talk about location! You're just a hop, skip and a jump away from all that Ballantyne has to offer — from scrumptious dining spots to quaint shops, golf courses and recreational areas. Plus, commuting is a breeze with easy access to the I-485 freeway.  Ballantyne Meadows is a rock solid community in the ever-vibrant, ever-popular Ballantyne area (Zip Code ... 12/03/2023

DEC 2023 Market Report for Zip Code 28277 Charlotte NC SFH (Single Family Homes)One of the nation's red hot zip codes is right here in Charlotte - 28277! This area's growth has been propelled by new construction, great shopping and dining in the area, easy access to the city, a popular country club community (Ballantyne Country Club), business growth throughout the area and top-rated schools.This 5-year report is updated weekly and data is directly from Canopy MLS.  Click the interactive graphs below if you are seeking more targeted data.  For more information, specific to your own home & neighborhood, contact us. We are happy to provide a more detailed comparative market analysis for you.Average Sales Price**This graphic is interactive so you can follow the monthly changes in our marke... 12/03/2023

Sun City Texas Real Estate Report  Nov 2023by Rugg Realty TEXT Version  Sun City Texas Real Estate Report© & Home Sales SummaryNovember 2023 Results See online at www.SunCity https://www.ruggrealty.com/sun-city-tx-real-estate-market-reports/   November-23 November-22   Summary Sale Price Sale Price Change from prior year Low $270,000 $305,000 -11.5% High $735,000 $729,500 0.8% Average $411,680 $471,485 -12.7% Median $376,750 $464,000 -18.8% Units Sold 30 27 11.1% Days on Market 53 34 55.9%           Nov YTD 23 Nov YTD 22   Summary Sale Price Sale Price Change from prior year Low $267,500 $250,000 7.0% High $985,000 $869,990 13.2% Average $437,229 $478,856 -8.7% Median $400,000 $450,750 -11.3% Units Sold 389 442 -12.0% Days on Market 59 15 293.3% Data gathered from ACTRIS MLS December 2,... 12/03/2023

Real Estate Market Trends for Addison TX:  November 2023Residential Real Estate For Sale in Addison, TexasThe total number of currently available residential properties for sale in Addison, Texas is 27, up from 25 active listings last month. Twenty one are pre-owned and 6 are new construction at Addison Grove. Currently for sale, there are: 10 single family homes (ranging in price from $515,000 to $5,850,000) No half-duplexes 7 condos ($275,000 to $560,000) 10 townhomes ($525,000 to $880,000) Eighteen of the 27 available homes have been on the market for longer than 30 days. The average number of days on the market for the current "active" status, pre-owned homes is 71 days, as compared to 92 last month. The median number of days on the market is 67 days, compared to last month's 53 day... 12/02/2023

December 2, 2023 Market Trends For Waterbury CT's West End Side, Zip 06708The 06708 Zip code encompasses the west side of Waterbury with 4 neighborhoods known as Brooklyn, Town Plot, Lower and Upper Bunker Hill. It is also the largest zip code in Waterbury. There are currently 27 active listings in the 06708 zip code with the average value of the homes for sale in Waterbury's 06708 zip code available for sale is $290,685 with average days in market of 43. There are also currently 14 properties under pending status and 16 properties under hard deposit contracts.For the first 11 months of this year there have been 239 closed listings in the 06708 zip code of Waterbury with an average sales price of $277,300 and average days on market of 38.  In addition, the closed properties sold at 101%... 12/02/2023

12/01/2023

Are you wondering how micro-units can transform commercial real estate? You’re not alone – many savvy entrepreneurs are turning to these miniature but mighty spaces as a cost-effective way to start their small businesses. Whether you’re looking for the perfect building to host your innovative retail concept, or if you need an affordable office space in an urban area, there is no doubt that micro-units have revolutionized the industry.In this blog post, we will dive into some of the key points of micro-unit development and explore why this mini-era has become so popular with businesses. We’ll also discuss what landlords need to know before capitalizing on this new trend to maximize their profits while still providing quality commercial space solutions for tenants.In the business’s simple... 12/01/2023

Real Estate for Single Family Homes / Houses Market Trend in Fort Bend County Stay informed about the Real Estate Market around and in YOUR Area!      Ladies and gentlemen, today we will delve into the fascinating world of real estate metrics. As buyers and sellers, it is crucial to stay informed about the current trends in the housing market. By understanding these metrics, you can make more informed decisions when it comes to buying or selling a property. So, let's jump right into it!First and foremost, let's talk about the "Months Supply of Inventory." This metric measures the number of months it would take to sell all the current inventory in the market, assuming no new listings come on the market. In our case, the months supply of inventory is 2.41. This means that if no new houses... 12/01/2023

Latest news on the Canyon Creek Real Estate market in November 2023….What you need to know now…..What it means for you…..The dynamics of the Canyon Creek real estate market in November unfold with intriguing trends that merit attention. The November figures offer insights into the aftermath of October's activities and contractual agreements, providing a valuable comparison to the period when the market experienced a slowdown and price drops in 2022. Presently, the market's inventory maintains a modest level, slightly exceeding two months.Contrary to a doomsday scenario, the current state of the market is not in decline; rather, it embodies a natural ebb and flow of a seasonal market. This dynamic suggests that Canyon Creek's real estate market holds promise for the future. For potential... 12/03/2023

Delaware County PA offers a wide range of housing situations for people who want to live in a Senior Community.  They range in price, style and amenities, from a trailer home to a luxurious townhouse.Market Report for Senior Communities in Delaware County as of December 1, 2023:17 Active Listings13 Listings Pending Sale81 Listings Sold in the last 6 MonthsPrice Range $129,900 - $1,405,000(info from Bright MLS various broker/agents)If you are in need of guidance from 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 12/01/2023

Market Report:  Champlin MN Real Estate December 2023Courtesy of Heidi Herda ~ 612.807.4858 -eXp RealtyIf you love these monthly market updates and local events and news, subscribe! We'll get you on our email list!Champlin Market update We're wrapping up those Thanksgiving leftovers and switching decor over to Christmas... are you like me, and you're already exhausted? This is a fun time of year with lots of hustle and bustle. I always want to do so many festive things, but with long lists of "to-do's" I usually end up missing all the fun! Not this year! I have a handful of local Holiday events for you to enjoy! Starting with FREE Santa photos!     Hit the subscribe button above and join our email list! I share tons of local events, get-togethers, market updates, maintenance tips, and l... 12/01/2023

Bright MLS is saying 2024 should continue to be a strong real estate market in our area. They predict interest rates back down into the 6's and home prices continuing to climb, although at a slower speed than previous years. Today, we are experiencing a typical easing of the market seasonally, but should see that improve in 2024.If you are thinking of buying, I say NOW is a great time...Interest rates have been dropping daily and so have home prices in some areas. If you wait, you may find yourself in greater competition, higher home prices and less appealing terms. Right now, there are less buyers and you can refinance when rates go down. Call me 215-527-5134 if you want to see how your area is trending.   11/30/2023

11/30/2023

Latest news on the Huntersville, NC real estate market in October 2023... What you need to know... Key take-aways about the Huntersville housing market in October 2023 include: Days on market increased to 27 days from 18 in September. Compared with October 2022, days on market were four days higher. Inventory was flat compared with the previous month of September and just over 15% lower than in October 2022. At 4.46 months supply of inventory, Huntersville is slowly moving towards being a balanced market between home buyers and home sellers. New listings increased almost 17% over the previous month of September, but were flat compared with October one year ago. Closed sales increased from September, but were down from October 2022. List to sale price ratio of 99.22% (flat month-over-mon... 11/30/2023

Latest news on the Mint Hill, NC real estate market in October 2023... What it means for you...  Key take-aways about Mint Hill's housing market trends in October 2023 include: Average home sales price up 13+% from September 2023 and up 10+% from October 2022. Median home sale price up almost 11% from September 2023 and up almost 17% from October 2022. Closed sales down from September 2023, but up compared with October 2022. New listings increased both month-over-month and year-over-year. Days on market declined almost 17% from September, but up compared with October 2022. Housing inventory increased almost 11% compared with the previous month of September, but declined almost 22% compared with October one year ago. List to sale price ratio over 102% left little room for buyers to negot... 11/30/2023