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Sellers Listing Their Homes … But Buyers Aren’t Biting 

Appraisal Buzz

May 2024 Market Report Highlights Home values climbed month over month in all 50 of the nation’s largest metro areas in May. The smallest monthly appreciation was in Austin (0.2%), Tampa (0.3%), San Antonio (0.3%), Orlando (0.3%), and New Orleans (0.4%). Home values are down from year-ago levels in three major metro areas.

Sellers 397
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Buyer Competition Expected to Ramp Up This Fall 

Appraisal Buzz

Measuring Inventory & New Listings MoM New listings decreased by 1.1% New listings increased by 0.8% New listings are 21.3% For-sale inventory (the number of listings active at any time during the month) in August increased by 0.2% home this month was listed at $362,143.

Buyers 248
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Housing Market Nears $50T Valuation Milestone

Appraisal Buzz

In a decade, the value of U.S. homes has more than doubled, rising nearly 120% from $22.7 Chen Zhao, Redfin’s Economics Research Lead, predicts that the market will likely surpass $50 trillion within the next 12 months due to a lack of new listings keeping prices elevated. New Brunswick’s total home value surged 13.3%

Valuation 417
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Tiburon Home Values (Housing Market Trends and Charts)

Realvals

The red line represents the number of listings that are pending, and the numbers at the bottom of the bars show the number of new listings for the month. Tiburon Average Price Per Square Foot of Sold Homes. This is calculated by dividing the number of listed properties by the number of properties sold.

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Larkspur Home Values (Housing Market Trends and Charts)

Realvals

The red line represents the number of listings that are pending, and the numbers at the bottom of the bars represent the number of new listings for the month. Larkspur Average Price Per Square Foot of Sold Homes. The post Larkspur Home Values (Housing Market Trends and Charts) appeared first on Realvals.

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San Anselmo Home Values (Housing Market Trends and Charts)

Realvals

The light green bars show the number of homes for sale in San Anselmo at the time of the data snapshot, while the darker green bars represent the number of homes sold during the month. The red line indicates the number of pending listings, and the numbers at the bottom of the bars show the number of new listings for the month.

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San Francisco Home Values (Housing Market Trends and Charts)

Realvals

The darker green bars represent the number of homes sold during the month. The red line represents the number of pending listings for the month. The numbers at the base of the bars indicate the number of new listings for the month. San Francisco Average Price Per Square Foot of Sold Homes.