realMLS’ Post

Monthly Market Snapshot New listings were up for the quarter, as was inventory on hand. Prices have already started to move up. With the spring market just opening, we expect a busy second quarter with further price increases. Contact us today to learn how you can navigate the market successfully. #monthlymarketsnapshot #realestatemarket #marketupdate #danecountyrealestate #veronawirealestate

Monthly Market Snapshot New listings were up for the quarter, as was inventory on hand. Prices have already started to move up. With the spring market just opening, we expect a busy second quarter with further price increases. Contact us today to learn how you can navigate the market successfully. #monthlymarketsnapshot #realestatemarket #marketupdate #danecountyrealestate #veronawirealestate

September market stats are now available! Active Inventory and New Listings are up 75.7% and 20.2% respectively.

Monthly Market Snapshot New listings were up for the quarter, as was inventory on hand. Prices have already started to move up. With the spring market just opening, we expect a busy second quarter with further price increases. Contact us today to learn how you can navigate the market successfully. #monthlymarketsnapshot #realestatemarket #marketupdate #danecountyrealestate #veronawirealestate

This answers “How’s the Market?” by comparing the rate of sales versus inventory. While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. Yet, inventory still places us in a Seller’s market. Check out whats happening in your County and City here: https://lnkd.in/gHNbz5uV

🚨 📊 May 2024 Market Updates 🏡 May brought a substantial influx of new listings, bolstering inventory levels. Concurrently, buyer demand slowed, pushing us over the hump of our historically busy spring season much earlier than we're used to and earlier than we expected. 🌷📉 Traditionally, we see price increases from January through June, but this year, the market seems to have peaked in April. 📈🔚 Our inventory is now at the highest levels we've seen in ten years! 📊 Combine this increase in inventory with buyers who have become increasingly discerning, and now we see prices declining. 💰📉 In the coming months, we expect more inventory to enter the market, leading to continued price softening, with stabilization anticipated towards the end of the year. 📅📉 This period presents a prime opportunity for buyers to negotiate, with concessions becoming more common and sellers more willing to address inspection issues to close deals. 🤝💼

🚨 📊 May 2024 Market Updates 🏡 May brought a substantial influx of new listings, bolstering inventory levels. Concurrently, buyer demand slowed, pushing us over the hump of our historically busy spring season much earlier than we're used to and earlier than we expected. 🌷📉 Traditionally, we see price increases from January through June, but this year, the market seems to have peaked in April. 📈🔚 Our inventory is now at the highest levels we've seen in ten years! 📊 Combine this increase in inventory with buyers who have become increasingly discerning, and now we see prices declining. 💰📉 In the coming months, we expect more inventory to enter the market, leading to continued price softening, with stabilization anticipated towards the end of the year. 📅📉 This period presents a prime opportunity for buyers to negotiate, with concessions becoming more common and sellers more willing to address inspection issues to close deals. 🤝💼

🍂 Fall Market Report Inventory continues to increase, although it is still low by historical standards.  As a result, both days on market and sold to list price ratios have increased slightly. This is a bit deceiving as quality inventory is still limited in many segments of the market and the more attractive listings that are priced correctly sell relatively quickly in these market areas. This has led to prices remaining steady throughout the market and up slightly in those segments of the market where inventory is limited. The sales pace has remained steady and there is a good market out there for both Buyers and Sellers.  I expect this trend to continue as we head into 2025 with lower interest rates and more options for Buyers to choose from. If you have any other questions or would like to discuss the market in greater detail, feel free to contact me directly anytime at 443-614-9179. View Full Report @ https://bit.ly/3D03JF3

Weekly inventory growth is on the rise, outpacing last year's figures, with back-to-back weeks of healthy increases. Plus, new listings are on the rise, indicating more sellers entering the market. Read more about this, here:https://buff.ly/4aUa1qS #IronTitle #HousingMarket

Key highlights from this month’s report include: Inventory growth: Total inventory is up 28.9% from November 2023, reaching the highest levels since the pandemic. Contract volume surge: November 2024 saw a 19.5% year-over-year increase in contract volume, with strong activity in higher price tiers. Pricing trends: Median closed prices rose 8.2% YoY, signaling ongoing demand amid shifting market conditions. https://lnkd.in/ejSVZdEC