Housing Wire

FEBRUARY 25, 2021

But many would-be buyers have also been thwarted by comically low resale inventory, as well as supply chain constraints and escalating materials costs that have made life difficult for homebuilders. All four areas saw contract transactions increase from a year-over-year standpoint. Yun said existing-homes sales are likely to reach 6.49

Supply Chain 402

Supply Chain Inventory Housing Market Contracts 402

Lamacchia Realty

JANUARY 25, 2024

2023 was a notable year in real estate history, but if we had to put our finger on what stood out, it was how the number of homes listed was the lowest in over two decades. It kept inventory down, which propped up prices, but sales are down nearly 22%, and buyers are hungry. Average prices for closed sales increased by 3.4%

Inventory 66

Inventory Sellers Contracts Buyers 66

Lamacchia Realty

JANUARY 25, 2024

reduction in sales, leaving prospective buyers eager to make a move. As interest rates sought to stabilize following their sharp decline in 2020, both buyers and sellers had to acknowledge the end of the era of historically low pandemic-induced rates, and the beginning of higher monthly mortgage payments. Average Prices Increase by 7.7%

Inventory 54

Inventory Sellers Buyers Real Estate 54

Lamacchia Realty

JANUARY 25, 2024

The real estate landscape witnessed significant developments in 2023, as the New Hampshire market saw a historic low in listings. Despite this decline, motivated buyers were out there trying to secure a home while also trying to navigate lower affordability and low inventory. Sales in New Hampshire declined by 18.9%

Inventory 49

Inventory Sellers Buyers Contracts 49

Lamacchia Realty

JANUARY 30, 2024

If we were to pinpoint the standout factor, it would be the remarkably low number of homes listed, the lowest in over two decades. This scarcity in inventory had the effect of keeping prices high, but there was a substantial decrease in sales, approximately 19%, leaving prospective buyers eager. Maine Sales Decreased by 18.9%

Inventory 51

Inventory Sellers Buyers Contracts 51

Lamacchia Realty

JANUARY 25, 2024

This created an extreme scarcity of inventory and contributed to elevated prices, but it also led to a 22% decrease in the number of sales, leaving buyers eager. This report analyzes sales, average prices, the number of active listings, and listings under contract for 2023 compared to 2022. Average Prices Increase by 7.1%

Inventory 49

Inventory Sellers Buyers Contracts 49

Lamacchia Realty

DECEMBER 19, 2023

Single families: $517,863 (2022) | $553,935 (2023) Condominiums: $286,664 (2022) | $325,453 (2023) Homes Listed For Sale: T he number of homes listed is up by 5.7% 2023: 2,765 2022: 2,617 2021: 3,476 Pending Home Sales: The number of homes placed under contract is down by 5.2% What does this mean for Buyers ?

Real Estate 54

Real Estate Sellers Home Value Buyers 54

Lamacchia Realty

DECEMBER 19, 2023

Single families: $549,922 (2022) | $559,251 (2023) Condominiums: $414,921 (2022) | $533,433 (2023) Multi-families: $501,629 (2022) | $469,320 (2023) Homes Listed For Sale: T he number of homes listed is up by 7.3% 2023: 1,321 2022: 1,231 2021: 1,530 Pending Home Sales: The number of homes placed under contract is up by 0.7%

Real Estate 54

Real Estate Sellers Buyers Realtors 54

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% South Florida witnessed a 17.5%

HOA 47

HOA Inventory Buyers Contracts 47

Lamacchia Realty

JULY 22, 2022

Highlighted in this report are the average sale prices for single-family, condominiums, and multi-family homes in Massachusetts along with the number of homes listed for sale, placed under contract, and price adjustments. Homes Listed for Sale. People will list if they need to make a move. Sales Decrease by 11.3%.

Sellers 71

Sellers Buyers Inventory Contracts 71

Lamacchia Realty

JULY 26, 2023

Highlighted in this report are the average sale prices for single-family, condominiums, and multi-family homes in Massachusetts along with the number of homes listed for sale, placed under contract, and price adjustments. Pending Home Sales (contracts accepted) The number of homes placed under contract declined 20.8%

Sellers 54

Sellers Inventory Buyers Contracts 54

Lamacchia Realty

MARCH 28, 2023

New listings and pending sales are also down year over year as many sellers are hesitating to put their homes on the market, so less homes are being placed under contract and inevitably less homes are closing. Most sellers are hesitating to list because they have a low, pandemic era mortgage rate.

New Listings 52

New Listings Sellers HOA Buyers 52

Lamacchia Realty

JANUARY 28, 2022

The post shut down race for buyers to secure homes in the later part of 2020 made it tough for 2021 to keep up and ultimately it didn’t happen. Homes Listed – All of NH. New listings in 2021 followed a less treacherous trendline in 2021 than 2020 but still couldn’t quite keep up with pre-pandemic markets. The slight 3.5%

Buyers 45

Buyers Contracts Inventory Real Estate 45

Lamacchia Realty

OCTOBER 26, 2021

The number of new listings has decreased but so has the number of pending sales, which means that inventory is lingering longer than it has been which is a positive sign for buyers. Therefore, buyers need to capitalize on the higher inventory while the iron is hot, as it’s going to be the best time to buy in two years.

Inventory 65

Inventory Buyers Sellers Landlords 65

Lamacchia Realty

JULY 28, 2021

The categorical breakdowns are listed in the infographic above. Listed Homes. Listings increased by 22.7% in Miami-Dade County, the first half of 2020 had 21,335 and there were 25,570 new listings in the same time frame this year. There were 26,186 homes with contracts accepted which is the result of a 71.5%

Real Estate 36

Real Estate New Listings Realty Contracts 36

Will Springer Realtor

JULY 9, 2021

In addition to “more space,” prospective buyers were on the hunt for a quiet location (28%) and updated kitchen (25%), as the chart notes. While most buyers focus on the standards of kitchens and bathrooms, research shows the best ROI is from replacing the garage door. THE ROI OF HOME RENOVATION. They are often surprised by my answer.

Buyers 36

Buyers Development Transportation Inventory 36