November 2024 Market Insights: What’s Happening in Nassau County? The real estate market in Nassau County showed some interesting shifts last month. Here's a quick breakdown of the trends: Months of Inventory: 3.14 (-9.51%) – Fewer homes on the market indicate a tighter inventory. List-to-Sold Price Ratio: 100.9% (-0.57%) – Homes are still selling close to asking prices, showing solid demand. Median Days on Market: 31 (+14.81%) – A slight increase in how long homes are staying on the market. Median Sold Price: $785,000 (-3.09%) – A small dip in prices, but values remain strong overall. While inventory remains low, buyer interest is steady, and homes continue to sell at competitive prices. However, the longer days on the market and slight price adjustments could indicate a shift toward a more balanced market. #LongIslandRealEstate #HouseHunting #FirstTimeHomeBuyer #HomesForSale #JustListed #SellingYourHome #HomeSellingTips #OpenHouse #DreamHome #MoveInReady #emptynest #dogfriendly #foreclosure #LadyAegisRealtyCorp #MarketTrends #RonyPrincivilRealtor #theonesource
Lady Aegis Realty Corp’s Post
More Relevant Posts
-
November 2024 Market Insights: What’s Happening in Nassau County? The real estate market in Nassau County showed some interesting shifts last month. Here's a quick breakdown of the trends: Months of Inventory: 3.14 (-9.51%) – Fewer homes on the market indicate a tighter inventory. List-to-Sold Price Ratio: 100.9% (-0.57%) – Homes are still selling close to asking prices, showing solid demand. Median Days on Market: 31 (+14.81%) – A slight increase in how long homes are staying on the market. Median Sold Price: $785,000 (-3.09%) – A small dip in prices, but values remain strong overall. While inventory remains low, buyer interest is steady, and homes continue to sell at competitive prices. However, the longer days on the market and slight price adjustments could indicate a shift toward a more balanced market. #LongIslandRealEstate #HouseHunting #FirstTimeHomeBuyer #HomesForSale #JustListed #SellingYourHome #HomeSellingTips #OpenHouse #DreamHome #MoveInReady #emptynest #dogfriendly #foreclosure #LadyAegisRealtyCorp #MarketTrends #RonyPrincivilRealtor #theonesource
To view or add a comment, sign in
-
📊 Market Update: Minneapolis & Saint Paul Housing Trends New data from Minneapolis Area REALTORS® and Saint Paul Area Association of REALTORS® shows a dynamic market! 🔹 Listings surged by 20.9% while sales increased 8.5%, giving buyers more options. 🔹 Median sales price rose 4.1% to $385,250. 🔹 Inventory climbed 14.1% to 7,705 units, the highest since November. 🔹 Market times fell by 2.2%, averaging 45 days. Key Insights: Seller & Buyer Activity: Up 19.3% and 9.1% respectively through April. Inventory Needs: We still need about 20,000 active listings for a balanced market. Price Points: 1.6 months of supply for homes under $250K vs. 6.2 months for homes over $1M. Cash Purchases: 17.5% overall, nearly double for homes over $1M. Multiple Offers: Well-presented listings often get multiple offers, selling at 99.9% of list price. Market Segments: Single family homes sell faster than condos (43 days vs. 74 days). Exciting times ahead for both buyers and sellers, with more inventory and diverse market activity! 🏡📈 #RealEstate #MarketTrends #HousingMarket #Minneapolis #SaintPaul #HomeBuying #HomeSelling
To view or add a comment, sign in
-
September’s numbers are in! 🔥 The latest Columbus housing stats are in, and there’s good news for buyers! 🎉 🏡 Good news for buyers, inventory is up to a two-month supply for the first time in six years, which means you have more options than ever & a better chance of finding that perfect place. 🏡 For sellers, there’s still strong demand - but with more homes available, pricing strategically is key. The market is stabilizing, giving both buyers and sellers more breathing room. What does this mean for you? ➡️ If you’ve been waiting to buy, now could be the time to jump in. Sellers, it’s still a great time to list but staying competitive is crucial. Let’s chat about what this shift means for your goals! 📲 #jessicacraighomegroup #engelvölkers #columbusrealtor #housingreport #columbusrealestate #housingmarketupdate #ohiorealtor #realestatenews #centralohio
To view or add a comment, sign in
-
Discover why Laurel, Maryland is a prime spot for buyers and sellers this year: * Rising Sale Prices: The median sale price has risen to $425,000, up 15% YoY. This increase indicates a strong market, ideal for sellers looking to maximize returns. 📈 * Stable Listing Prices: The median list price has increased MoM to $418,500, up by 13.9% YoY. Buyers, this steady climb suggests it's time to enter the market before prices rise further. 🌐 * Increasing Price Per Square Foot: At $292.79, up 20.8% YoY, every square foot of space in Laurel is gaining value, signaling both quality investment for buyers and great selling potential for homeowners. 🏠💸 * High Demand: With 45.2% of homes selling above list price, despite a slight decrease, the competition among buyers is fierce, underscoring the urgency to make offers that stand out. ⚡ * Quick Sales: Homes are spending just 29 days on the market, up 3 days YoY. Sellers can expect swift transactions, and buyers should be ready to act fast. ⏳📊 Whether you're planning to buy or sell, Laurel's dynamic market offers lucrative opportunities. Act now to take advantage of these trends! #TerringWangGroup #TWGRealEstate #MarylandHomes #LaurelRealEstate #MarketUpdate #RealEstateTrends #PropertyMarket #BuyersMarket #SellersMarket #HomeInvestment
To view or add a comment, sign in
-
Baltimore Metro Real Estate Market Update - July 2024 📊 Key Statistics: Median Sale Price: $405,000 (↑6% from July 2023) Units Sold: 3,085 (↑4% year-over-year, ↑1% from June) Active Inventory: 5,303 (↑4% from last year, ↓8% from June) Key Takeaways: Home prices continue to rise, showing a 6% increase from last year, but have slightly cooled (2% decrease) since June. Sales volume is up, indicating strong buyer activity despite higher prices. While inventory has increased year-over-year, we're seeing a month-over-month decrease, potentially leading to a more competitive market. These trends highlight a dynamic market with opportunities for both buyers and sellers. Want more insights? Read detailed market trends for Baltimore, Anne Arundel, Carroll, and Harford counties at: https://lnkd.in/gzmRwegc #RealEstateMarket #HousingMarketUpdate #BaltimoreHomes
To view or add a comment, sign in
-
📈 Subject: Market Trends Update in Hinsdale, Illinois! 🏡 Data from: May 2024, RPR 🏢 Company: Keller Williams Experience Realty 👨💼 Contact: Todd Rusteberg, REALTOR® 773.960.7582 Attention Hinsdaleans, here is your monthly Real Estate Market update! 🏠 There is currently a 2.92 Months’ Supply of Inventory in our area which is slightly up from the past months reporting. Homes are still selling relatively fast and it is still technically leaning more towards a seller’s market, meaning inventory is tight. 📈 The List to Sold Price percentage in Hinsdale, Illinois is an impressive 98.8%! 🏢 Median days on market is just 15 days, so well-priced homes in good condition are selling quickly! Pricing your home right in this market is key and I can help. 🏡 The median Sold Price in Hinsdale, Illinois is currently $1,150,000. 📈 Over the last 12 months, Hinsdale has seen a 55.56% decrease in Months’ Supply of Inventory. This indicates a high demand for homes in our area. Whether you're a buyer or seller, it's important to stay informed about these market trends. Contact me if you have any Real Estate related questions, I am working with Keller Williams Realty Experience and can be reached at 773.960.7582. #HinsdaleRealEstate #MarketTrends #ToddRustebergREALTOR #MarketStats #ToddRustebergREALTOR #HinsdaleHomes #MarketInsights #KellerWilliamsExperienceRealty
To view or add a comment, sign in
-
Nassau County Market Update: September 2024 The Nassau County real estate market continues to show resilience and opportunity this September. Here's a quick overview of the latest trends: • Months of Inventory: Down to 2.93, a 6.09% decrease, signaling a competitive market with limited supply. • List-to-Sold Price Ratio: Homes are selling at 101.5% of their asking price, reflecting a slight 0.06% increase from last month. • Median Days on Market: Homes are spending a bit more time on the market, with the median rising to 27 days, an 8% increase. • Median Sold Price: The median sale price dipped 1.81%, now sitting at $815,000. While the market remains competitive, sellers are still achieving above asking price on average, though homes are taking a bit longer to sell. If you're considering buying or selling, now is a great time to stay informed and explore your options! #LongIslandRealEstate #HouseHunting #FirstTimeHomeBuyer #HomesForSale #JustListed #SellingYourHome #HomeSellingTips #OpenHouse #DreamHome #MoveInReady #emptynest #dogfriendly #foreclosure #LadyAegisRealtyCorp #MarketTrends #RonyPrincivilRealtor #theonesource
To view or add a comment, sign in
-
In July 2024, the real estate market in Central Florida, particularly Orlando, shows mixed trends: - **Interest Rates**: The interest rate is at 6.8%, slightly up from June's 6.7%, impacting buyer activity. - **Sales and Inventory**: Overall sales fell by 8.7% from June to July, with 2,852 sales recorded. Inventory increased by 5% to 5,720 homes. - **Home Prices**: The median home price decreased slightly to $380,000 from $385,000 in June. - **Market Dynamics**: Homes are spending an average of 39 days on the market, longer than last year. These factors indicate a cooling market with higher interest rates and increased inventory. Yami Pastor Real Estate. Excellence and Expertise Creating a New Style in Real Estate Sources: Orlando Real Estate Market Predictions, Trends & Statistics 2024 https://lnkd.in/eBJ_WrkB #realestatemarket #centralfloridarealtor #yamisellscentralflorida #listingagent #markettrends #reels #buyersagent
To view or add a comment, sign in
-
🏡 Market Update: November 2024 📊 🔑 Sold & New Listings on the Rise indicating strong buyer demand and growing inventory. Homes are consistently selling above asking price which means sellers are seeing great returns, and buyers need to be prepared for competitive bidding situations. Despite the current interest rates, New Jersey's real estate market remains resilient. With low inventory in many areas and strong buyer demand, prices are holding steady, and multiple offers are still common. ! 🏠 Thinking of Buying or Selling? If you're considering entering the market, now is a great time. Sellers can still benefit from strong demand, while buyers may find more options to choose from. Let’s talk about how you can make the most of the current market conditions! #jacquelinemandellgroup #NJRealEstate #RealEstateUpdate #RealEstateTrends #toplistingagentnj
To view or add a comment, sign in
-
October 2024 Market Insights: Suffolk County Here’s a quick look at Suffolk County’s real estate trends for October 2024: • Months of Inventory: 3.15 (down 11.27%) – Inventory is tightening, keeping the market active. • List-to-Sold Price Ratio: 102.2% (up 0.11%) – Sellers are achieving slightly higher-than-asking prices, showing strong buyer demand. • Median Days on Market: 29 days – Homes are selling in under a month, reflecting consistent market movement. • Median Sold Price: $675,000 (down 1.46%) – A small dip in prices may present opportunities for buyers. These metrics highlight a competitive yet steady market. Whether you're buying or selling, understanding these trends helps you make confident decisions in Suffolk County’s real estate landscape. Stay informed to stay ahead! #LongIslandRealEstate #HouseHunting #FirstTimeHomeBuyer #HomesForSale #JustListed #SellingYourHome #HomeSellingTips #OpenHouse #DreamHome #MoveInReady #emptynest #dogfriendly #foreclosure #LadyAegisRealtyCorp #MarketTrends #RonyPrincivilRealtor #theonesource
To view or add a comment, sign in
2 followers