Will Springer Realtor

APRIL 9, 2024

It was particularly true on the Eastside, where sales surged 52% from February to March and 9% year-on-year (YoY) and inventory narrowed to under a month (29 days) before all homes for sale would theoretically be under contract if no others hit the market. So, multiple years of rates staying higher will get us slowly back to 2019 levels. “If

Marketing 60

Marketing Inventory Buyers Sellers 60

Housing Wire

APRIL 1, 2024

New listing volume last week was 18% more than a year ago. Pending sales Last week saw 69,000 new contracts for single-family home purchases across the country. That brings us to 367,000 single-family homes in the contract pending stage. That’s 60,000 new listings and another 17,000 immediate sales.

Inventory 457

Inventory New Listings Contracts Sellers 457

Lamacchia Realty

JANUARY 30, 2024

The 2023 South Florida real estate market, like national trends, saw a decrease in sales, an increase in prices, and a decrease in the number of homes listed and placed under contract. The number of homes listed decreased by 10% The number of homes placed under contract decreased by 14.1%

HOA 49

HOA Inventory Buyers Contracts 49

Lamacchia Realty

JANUARY 25, 2024

This report breaks down state-wide sales (previous years mostly covered Southern NH and the Lakes Region ), average prices, the number of active listings, and how many listings went under contract for 2023 compared to 2022, and discusses what is predicted to unfold in 2024. Average prices for closed sales increased by 7.2%

Inventory 52

Inventory Sellers Buyers Contracts 52

Housing Wire

MARCH 22, 2024

According to data from Altos Research as of March 15, the 90-day average number of single-family active listings in the Naples-Marco Island metro area was 2,362, up from 1,605 one year earlier but down from the 3,760 listings recorded in late March 2019 prior to the COVID-19 pandemic. In comparison, the average U.S.

Insurance 379

Insurance Inventory Marketing Real Estate 379

Housing Wire

NOVEMBER 20, 2023

more homes for sale than last week and 36% lower housing inventory than in 2019. In fact, Austin and San Antonio in Texas, as well as Memphis, have more housing inventory now than in 2019. That’s more new sellers this year than the same week a year ago, signaling a tiny improvement in our supply-starved housing market.

Inventory 409

Inventory New Listings Housing Market Sellers 409

Lamacchia Realty

OCTOBER 26, 2021

For New Hampshire, it presents home sale statistics and average sales prices. 2019 will be examined in some areas to highlight the lingering impact of COVID in real estate. Homes Listed For Sale: There were 6.8% fewer listings this year compared to last September 2020. fewer listings over this time in 2019.

Inventory 67

Inventory Buyers Sellers Landlords 67

Lamacchia Realty

JANUARY 28, 2022

2019–2021 Home Sales by Month. If you scroll down to the Listings portion of this report, you’ll see that there was a dip right around the same time. Classic case of low supply (diminished listings) and high demand (increase in sales) causing prices to be driven up. Sold Homes 2019 – 2021 by County. for prices.

Buyers 45

Buyers Contracts Inventory Real Estate 45

Will Springer Realtor

AUGUST 15, 2023

Ah, for the good old days of 2019 – when we could stomach home prices closer to the mid-million-dollar mark and housing options were somewhat plentiful amid a mildly competitive buyer environment. King County new listings fell 13% from June to July (2158), led by a 20% slide in Seattle (690). The county saw a 4.9% drop (542).

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Sellers Buyers New Listings Inventory 60

Housing Wire

MAY 6, 2024

But it’ll take several more years of elevated mortgage rates before inventory builds back to pre-pandemic levels of 2019 or earlier. New listings There were 71,000 new, unsold listings of single-family homes across the country this week. There are only 3% more homes in contract now than at this time last year.

Inventory 408

Inventory Contracts Sellers New Listings 408

Housing Wire

MARCH 18, 2024

While inventory is growing across the country, some markets are way more impacted and already have more homes on the market than in 2019 or 2020 just before the pandemic. New listings Last week, 59,000 new single-family listings came to market. The median price of all the homes in contract right now is $389,000.

Inventory 399

Inventory New Listings Sellers Contracts 399

Housing Wire

FEBRUARY 5, 2024

There were 44,000 new listings for single- family homes this week, plus another 11,000 immediate sales which were listed and are already in contract. The pace of new sellers each week remains incredibly restricted, but is showing signs of easing. There are 28% fewer new sellers than in 2019.

Mortgage 415

Mortgage Inventory Sellers New Listings 415

Housing Wire

MARCH 11, 2024

Market outliers The Gulf markets from Southwest Florida over to Louisiana now have inventory levels mostly back above their pre-pandemic levels of 2019 or higher. There were 59,000 new listings unsold this week. The median price of the newly listed cohort this week is $420,000. That’s 15% growth over the pace of 2023.

Inventory 501

Inventory New Listings Sellers Real Estate 501

Housing Wire

FEBRUARY 20, 2024

New listings rise New listings continue to show us that more sellers are interested in this market this year. With just under 50,000 new listings unsold coming to the market this week, that’s now 16% more than the same week a year ago. Inventory is back at 2019 levels in many of these markets.

Mortgage 490

Mortgage Inventory Sellers New Listings 490

Lamacchia Realty

JANUARY 27, 2023

The 2022 Connecticut Year in Review Housing Report breaks down sales, new listings, new pending sales, active inventory, and average price compared to the 2021 market and analyzes what the data means for the current housing market and beyond. Homes Pending (contract accepted) There were 20.2% Sales Down 18.8%

Inventory 52

Inventory Sellers Buyers Real Estate 52

Birmingham Appraisal

JUNE 28, 2022

The first is that sales could be slowing down while new listings continue to enter the market. The net effect would be an increase in the listing count. The second reason could be that sales are continuing at a normal rate and there is an abnormal spike in new listings.

Real Estate 52

Real Estate Marketing Inventory Sellers 52

Will Springer Realtor

JULY 11, 2023

The county saw the combined number of single-family, townhome and condo listings increase in June by 4.4% While that percentage may appear strong, it’s nothing compared to the April-to-May rise of 18%, signaling a probable cooling of new listings in the future. New single-family-home listings rose 3.8%

Housing Market 36

Housing Market Buyers Inventory Real Estate 36

Listing Spark

SEPTEMBER 25, 2023

Fewer New Listings The number of new listings hitting the markets has continued to fall, mainly because a substantial segment of the market that was both buying and selling has essentially disappeared. YOY) Average Days on Market: 42 Days (increase of 10 days YOY) Active Listings: 38,439 (increase of 14.8%

Real Estate 69

Real Estate Sellers New Listings Inventory 69

Housing Wire

JULY 21, 2021

share in June 2019. above its asking price, that means it was listed for $301,872, said Daryl Fairweather, Redfin’s chief economist. ” Condos sold at their fastest pace on record in June, with the typical condo that sold during the month going under contract in 22 days. to a record $405,000. If a condo sold for 0.7%

Buyers 424

Buyers New Listings Contracts Marketing 424

Will Springer Realtor

SEPTEMBER 12, 2023

fewer new listings, the rate of sales rose 1.7% Two data points stood out from the latest report by the Northwest Multiple Listing Service: The aforementioned new listings for all homes in the county – 2684 – is at a low not seen for an August since records were shared with brokers (like me) dating back to the mid-1990s.

Finance 68

Finance Inventory Construction Buyers 68

Will Springer Realtor

FEBRUARY 14, 2023

Pending Sales – Another leading indicator, these are the homes that go under contract and typically complete the transaction within two months. The number of Pending sales soared 51% since December for all home types in King County to 1820 listings under contract, including a 69% boost on the Eastside (480) and a 47% jump in Seattle (610).

Housing Market 36

Housing Market Marketing Inventory Buyers 36

Will Springer Realtor

MAY 13, 2024

>> The number of people working in downtown Seattle offices is about 52% of the daily foot traffic seen in 2019 – a year before the start of the pandemic. We are seeing more homes for sale in submarkets – except for Mercer Island and Woodinville, where active listings are down 30%+ – compared with a year ago.

HOA 36

HOA Transportation Construction Buyers 36

Housing Wire

AUGUST 1, 2023

The median price of the new listings this week is $399,900. As the summer progresses, each subsequent week of new listings gets priced at a slight discount to the previous weeks. The median price of the homes in contract is $385,000. There are now 376,000 single-family homes in contract.

Inventory 354

Inventory Contracts Buyers Mortgage 354

Will Springer Realtor

JUNE 13, 2023

It’s true, there is a welcome increase in new listings from month to month – up 18% across all home types in King from April and 19% higher for the single-family-home category – but isn’t that what you would expect in the typically busiest periods of the housing season? In March, 33% of homes listed for sale in the U.S.

Buyers 36

Buyers Inventory Construction Finance 36

Housing Wire

JULY 24, 2023

Pending Sales There are now 378,000 single-family homes in contract. There were 68,000 new contracts for single-family homes this week. In the chart below, the light portion of each bar represents the new contracts each week. But, there were another 15,000 condos and townhomes that went into contract this week.

Inventory 302

Inventory Contracts New Listings Buyers 302

Housing Wire

AUGUST 21, 2023

There are 365,000 single-family homes in contract now. New pending sales of single-family homes going into contract this week came in at 63,000 vs 70,000 last year. In this chart, the height of each bar is the total number of homes in contract that week. The light red portion of the bar represents those newly in contract.

Inventory 370

Inventory Contracts Buyers Sellers 370

Will Springer Realtor

MARCH 14, 2023

The number of new listings of all home types (single-family, townhome and condo) in King County climbed 6.4% (1866 units) from January to February, as expected, and total inventory at the start of March (2064) was 111% higher than a year ago. Still, home appreciation remains solidly higher between 2019 and today, at least out West.

Marketing 36

Marketing Buyers Inventory Sellers 36

Will Springer Realtor

JUNE 9, 2021

More than 90% of builders in May reported shortages of appliances, framing lumber and other wood products: To address rising costs, some 47% of builders surveyed this spring say they are including price-escalation clauses in their sales contracts to avoid a deeper hit on their bottom lines. High demand kept supply depleted. months (from 0.7)

Housing Market 36

Housing Market Marketing Inventory New Listings 36

Housing Wire

JULY 17, 2023

The median price of the homes in contract is higher than last year and the new sales each week are up a few percent over last year. Last year if you listed your home in July, you priced at a discount because there were no buyers. I’ve been watching the price of the new pending sales each week. There was no crash.

Real Estate 300

Real Estate Marketing Inventory Contracts 300

Housing Wire

JANUARY 29, 2021

However, contract signings rose 21.4% from December 2019, with all regions (Northeast, Midwest, South, West) reaching double-digit year-over-year increases. Realtor.com’s Housing Market Recovery Index showed significant contract growth, specifically in Portland, Las Vegas, Denver, Los Angeles, and Boston.

Contracts 529

Contracts Real Estate Housing Market Technology 529

Will Springer Realtor

MAY 9, 2022

Between 2011 and 2019, the median household income in our area increased by about 34% but housing prices jumped 78%. Microsoft has committed $750M since 2019 to help support the creation of more affordable homes in Seattle metro. List price: $3.495M ($782/sq. UPDATE: This home is now under contract, pending inspection.

Architecture 36

Architecture Design Buyers Construction 36

Will Springer Realtor

JUNE 8, 2022

The pandemic has made attaining ownership more difficult, particularly in housing-starved Seattle (pictured) and across King County where the number of homes on the market (Active listings) has trended lower for most of the past decade-plus. With scarcity comes price appreciation. What is the answer? What happens then? months, Pierce at 0.8

Design 36

Design Construction Development Property Taxes 36

Will Springer Realtor

OCTOBER 11, 2023

King County acknowledged receiving a little under $1B in federal aid for homelessness and housing since 2019, yet the local homeless rate rose 14% this past year. First a look at September’s numbers: A wave of last-chance listings for the year hit the market after Labor Day. . >> The rate of homelessness in the U.S.

Law 36

Law Development Design Government 36

Will Springer Realtor

JULY 8, 2022

The King County housing market has seen inventory increase by 55% in the past month, while the number of homes going under contract fell 22% from May to the lowest June level since 2011. While the number of new listings in June jumped 8.2% The fresh data show a clear slowing of the housing market. since May and down 22% YoY.

Housing Market 36

Housing Market Marketing Inventory HOA 36

Will Springer Realtor

JULY 13, 2023

urban centers remain mostly higher than in 2019. The national office vacancy rate stands at 16% through March , up from 11% at the end of 2019 – just before life changed for you, me and the world. The county saw the combined number of single-family, townhome and condo listings increase in June by 4.4% Office vacancies in U.S.

Construction 36

Construction Supply Chain Real Estate Development 36

Will Springer Realtor

SEPTEMBER 8, 2021

It’s particularly true among homes priced at or below $500,000 in King County, where only 737 of those properties sold in August (36% fewer than in August 2019). The good news comes from major national builders who have shared their forecasts for growth in the coming years. Active listings as of Sept. in the last 12 months.

Construction 36

Construction Inventory Buyers Real Estate 36

Will Springer Realtor

OCTOBER 8, 2021

New listings are up 6.3% Condo sales are in a similar boat, with new listings higher – by 4.3% across King and up 17% in Seattle and the Eastside – while active listings are falling 3.3% Among the 389 units, 16 are actively for sale, six are under contract and another 43 homes have sold so far in 2021.

Real Estate 36

Real Estate Buyers Inventory Housing Market 36