Real Estate Market Trends

Ever puzzled about soaring home prices or why that dream home seems unattainable? Zillow's report has the answers. Watch this brief video for insights that might shape your next housing move.7 Critically Important Graphs From Zillow Data Please remember to "like" the post and the video on YouTube too! Thank you. 🏡  Link to all homes for sale in Tallahassee 📺 Subscribe To The Joe Manausa Real Estate Channel and Get More Housing Market Reports, Listings, Real Estate Marketing Tips, and answers to your frequently asked questions. 📘 Get the DIGITAL MARKETING BOOK Written by a Realtor for Realtors! 09/25/2023

Parkwood Knoll (Myers Park) Market Report SEPT 2023Parkwood Knoll, an attractive, full-brick complex located in the ever-popular Park Road/Myers Park area of Charlotte, is your premier destination for luxury condos. As we round out the third quarter of 2023, we are seeing a slightly downward trend in sales prices and with no sales this last quarter, there hasn’t really been any change in the community. Additionally, the community’s days on the market has held steady, averaging only 31 days. In order to give you a more clear understanding, a few key details are below. You'll find the average sales price, the average number of days on the market, the ratio of list-to-sales price, as well as the current inventory status. Please note - the charts below aren't just static graphs; they are fu... 09/24/2023

LATEST NEWS ON THE WAXHAW |  WEDDINGTON | MARVIN HOUSING MARKET...WHAT YOU NEED TO KNOW...WHAT IT MEANS FOR YOU... Key "take-aways" about the Waxhaw area of the Charlotte, North Carolina metro area (the 28173 zip code–encompassing the three towns of Waxhaw, Marvin and Weddington) included the following in August 2023: Closed home sales decreased in August. By the same token, closed sales in August were at their third highest level since September 2023. The list to sale price ratio still at over 100% at 100.81%. Median sale price declined from July, but was equal to the median sale price in August one year ago. Average sale price declined both year-over-year and month-over-month. Average days on market decreased to 20 days from July's 28days. August's days on market were 13 days fewer th... 09/24/2023

On September 21, 2023, Realtor.com reported the nationwide median weekly housing trends for the week ending September 16, 2023.Total available listings decreased 4.4% for the week ending September 16, 2023, from the same period of time in September of 2022.Time on the market unchanged 0 days for the week ending September 16, 2023,  from the same period of time in September of 2022.Median listing prices gained 0.2% for the week ending September 16, 2023,  from the same period of time in September of 2022.New listing in the market declined 6.0% for the week ending September 16, 2023, from the same period of time in September of 2022.For complete more detailed information about Realtor.com’s real estate trends for the week ending in September 16, 2023, please click HERE 09/24/2023

Myers Park Charlotte Real Estate Market Report SEPT 2023Daily, we are asked, "So, how's the real estate market doing in Charlotte?"Quite often, we are asked specifically about our well-known, popular, historic communities, including Myers Park.   Myers Park is one of Charlotte's communities that continuously stands the test of time when it comes to housing appreciation. Even as the city endured the days, weeks, months, years of The Great Recession, Myers Park was one of the neighborhoods that didn't feel the depth of depreciation/devaluation that many of the Charlotte neighborhoods experienced.  In 2023, the Myers Park real estate market continues to be in demand to both relocation buyers and to those moving within the area. Below is the current market snapshot of the Myers Park neighbo... 09/23/2023

Market Report for the Village of Green Tree located in Parkside Boro, Delaware County, PA as of September 23, 20231 Active Listing1 Pending/Under Contract Townhouse2 Settled Townhouses in Last 6 MonthsPrice range $165,000 - $190,000(info from Bright MLS various brokers/agents)The Village of Green Tree is located in Parkside PA with all the Townhouses having the address of Park Vallei Lane.  They are located close to Ridley Creek and Parkside's Park, The Woodlot, which is next to Chester Park.Green Tree is served by the Penn-Delco School District.Contact Us for a Free Consultation View Larger Map 09/23/2023

On September 18, 2023, California Association of Realtors (C.A.R) reported the homes values higher 0.5% to the price of $618,000 in August of 2023 from price of $615,000 in July of 2023, but lower 3.0% from price of $620,000 in August of 2022 in Riverside County, California. While, homes sales increased 6.7% in August of 2023 from July of 2023, but fell 14.6% from August of 2022 in Riverside County, California.  There were 2.5 months supplies of available inventory of homes in August of 2023, down from 2.7 months in July of 2023, and decreased from 3.2 months in August of 2022 in Riverside County, California.An average it took 23.0 days to sell a home in August 2023, unchanged from 23.0 days in July of 2023, but declined from 28.0 days in August of 2022 in Riverside County, California.F... 09/23/2023

August 2023 Naples FL Housing Market UpdateThe latest Naples FL housing market update showed 702 properties sold for just over $965 Million. The highest-priced sale was a penthouse in Windsor at Bay Colony for $19.5 million. Additionally, 169 of the real estate transactions for the month were at or above $1 Million.Of the top 20 highest-priced home sales, 65 percent were in luxury golf communities including, Pelican Bay, Grey Oaks, Mediterra, Quail West, Talis Park, Tiburon, and Treviso Bay.Overall, inventory continues to sell quickly and prices are stable in the Naples housing market. Inventory ended the month with 2,618 properties for sale which represents a 7 percent increase over the same time last year.The increase in Naples housing inventory comes after 4 straight months of declin... 09/23/2023

Chandler, AZMonday Sep 25, 2023This week the median list price for Chandler, AZ is $624,900 with the market action index hovering around 63. This is less than last month's market action index of 67. Inventory has increased to 233.  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 SUN For ALL your Valley AZ Real Es... 09/25/2023

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Montibello (SouthPark) Market Report SEPT 2023Montibello is one of SouthPark's crème de la crème subdivisions when it comes to residential communities! Home to 571 elegant, custom-crafted residences, this neighborhood boasts spacious lots, heavily peppered with mature trees and lush greenery, creating an incredibly inviting streetscape. Let's talk location—you couldn't ask for better convenience. Living in Montibello puts you just a hop, skip and a jump away from shopping havens like SouthPark Mall and Phillips Place. Plus, you're a quick 15-minute drive to both Uptown Charlotte and Ballantyne. SouthPark is truly at the heart of everything Charlotte! And here's the cherry on top: Montibello is zoned for some of Charlotte's highest-rated public schools and is a stone's throw away from th... 09/23/2023

What’s My Wolcott CT Home’s Value August 2023Wolcott CT is a town bordered by Bristol and Southington in Hartford county, and Waterbury in New Haven County. It is primarily a suburban town located 80 miles from New York City with a commute of 20 miles to Hartford and 30 miles to New Haven. Only slightly greater than 50% of the towns land is developed as residential housing and commercial, light industrial businesses.Currently in Wolcott CT there are 25 active residential listings for sale. The homes for sale in Wolcott CT range from a 960 square ft, 3-bedroom ranch listed at $160,000 to a 8,947 square ft, 5-bedroom colonial listed at $1,200,000.  Search for Homes in Wolcott CT The average list price of the homes currently available for sale in Wolcott CT is $391,161. The average days on... 09/25/2023

What's My Watertown CT Home Worth, August 2023 Watertown CT is a town in Southeastern Litchfield county, Connecticut.  The Zip codes for Watertown are 06795 (for most of the town) and 06779 (for the Oakville section). It is a suburb of Waterbury, CT.  It's population is app 23,000 and has a town manager form of government.   It occupies an area of 29.5 sq miles.  It is also a gateway to Litchfield County along the eastern end.Currently in Watertown CT there are 25 active residential listings for sale. The homes for sale in Watertown CT range from an 1,120 square ft, 2-bedroom REO ranch listed at $99,900 to a 3,400 square ft, 4-bedroom, colonial listed at $775,000.  Search for Homes in Watertown CTThe average list price of the homes currently available for sale in Watertown CT is $452,56... 09/23/2023

There is still a scarcity of supply in the Mid-Atlantic region. but the gap from 2022 levels has narrowed with new listings down just 7.8% from this time last year. In typical years, there is a significant decrease in listings throughout August, but this year, listings have stayed far steadier. Labor Day weekend did not slow down listing activity with the number of new listings up 2.6% from a week earlier. The median list price reported by Bright MLS made a jump for the week ending September 3rd, it was $395,000, a 2.6% increase. The list price is also up 5.3% from last year.  Contracts were down only slightly. While new contracts were down 16.5% from last year, the week-over-week decrease into the holiday weekend, down 3.2%, is far less than in recent years at this time. With mortgage ... 09/23/2023

CHARLOTTE REGION REAL ESTATE REPORT: AUGUST 2023WHAT YOU NEED TO KNOW...WHAT IT MEANS FOR YOU... Inventory Down | New Listings Down | Sales Down | Prices Up  August 2023 home sales declined in the 16-County Charlotte Region year-over-year, as did pending sales. Sales are happening, but not at the volumes experienced in 2021 and the first half of 2022.  By the same token, closings increased month-over-month from July and contract activity remained steady. Although home buyers remain frustrated by fluctuating rates, lack of new inventory, rising home prices, and economic uncertainty it does appear that buyers are adjusting to the higher interest rate environment.   The Charlotte market has stopped seeing large fluctuations in sales and prices, which indicates the market is slowly moving t... 09/23/2023

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On September 18, 2023, California Association of Realtors (C.A.R) reported the homes values lower 0.5% to the price of $915,000 in August of 2023 from price of $920,000 in July of 2023, but higher 3.5% from price of $884,000 in August of 2022 in Ventura County, California. While, homes sales increased 12.0% in August of 2023 from July of 2023, but fell 20.3% from August of 2022 in Ventura County, California.  There were 2.1 months supplies of available inventory of homes in August of 2023, down from 2.3 months in July of 2023, and decreased from 2.3 months in August of 2022 in Ventura County, California.An average it took 25.0 days to sell a home in August 2023, unchanged from 25.0 days in July of 2023, but declined from 31.0 days in August of 2022 in Ventura County, California.For comp... 09/22/2023

If you are looking for a nags head rental house, you might be wondering if it is worth paying extra for one that has an in ground pool. There are several advantages in having a pool in your vacation home, especially if you enjoy swimming, relaxing, or entertaining guests. Here are some of the benefits of having a pool in your nags head rental house:- You can swim anytime you want, without having to worry about the weather, the tides, or the crowds at the beach. Swimming is a great way to exercise, relieve stress, and have fun with your family and friends.- You can enjoy the privacy and comfort of your own pool, without having to share it with strangers or follow the rules of a public pool. You can also customize the pool to your liking, such as adjusting the temperature, adding lights, ... 09/22/2023