Real Estate Market Trends

If you're like a lot of other consumers, trite slogans and marketing come- ons aren't convincing. Especially when it comes to the most expensive investment you may ever make; numbers are far pithier.


Think about it -- which of these is of more value to you: “Now is the best time to buy or sell a house!” or “Real Estate Market Report for Yourtown, Yourstate?”


Not only is this section of ActiveRain chock full of up-to-date real estate market reports but market statistics and market trends as well. Best of all, they're written in plain English by the experts – those that actually work in these markets on a daily basis.


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Recent blogs on Real Estate Market Trends
By Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417, Real Service. Real Results. Real Estate
(HomeSmart Stars)
Real Estate Market Trends for Addison TX:  February 2024 Residential Real Estate For Sale in Addison, TexasThe total number of currently available residential properties for sale in Addison, Texas is 22, the same number of active listings at the beginning of last month. Fifteen are pre-owned and 7 are new construction at Addison Grove. Currently for sale, there are: 6 single family homes (ranging in price from $850,000 to $3,500,000) No half-duplexes 3 condos ($235,000 to $495,000) 13 townhomes ($509,000 to $880,000) Sixteen of the 22 available homes have been on the market for longer than 30 days. The average number of days on the market for the current "active" status, pre-owned homes is 75 days, as compared to 74 last month. The median number of days on the market is 56 days, compare...
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By Jim Crawford, Jim Crawford Broker Associate Fredericksburg VA
(Long & Foster)
King George County VA Active Home for Sale ListingsThese are the active MLS homes for sale listings for the King George County VA for March 1, 2024.  Inventory changes all the time, so check back frequently for newly listed homes for sale in King George County VA. View the Current Listing of King George County VA Homes for sale
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By Jim Crawford, Jim Crawford Broker Associate Fredericksburg VA
(Long & Foster)
Caroline County VA Active Home for Sale ListingsThese are the active MLS homes for sale listings for the Caroline County VA for March 1, 2024.  Inventory changes all the time, so check back frequently for newly listed homes for sale in the Caroline County VA. View Current Listing of Caroline County VA Homes for sale
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By Jim Crawford, Jim Crawford Broker Associate Fredericksburg VA
(Long & Foster)
Orange County VA Active Home for Sale ListingsThese are the active MLS homes for sale listings for the Orange County VA for March 1, 2024.  Inventory changes all the time, so check back frequently for newly listed homes for sale in the City of Fredericksburg VA. View Current Listing of Orange County VA Homes for sale
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By Jim Crawford, Jim Crawford Broker Associate Fredericksburg VA
(Long & Foster)
Stafford County VA Active Home for Sale ListingsThese are the active MLS homes for sale listings for the Stafford County VA for March 1, 2024.  Inventory changes all the time, so check back frequently for newly listed homes for sale in the City of Fredericksburg VA. View the Current Listing of Stafford County VA Homes for sale
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By Jim Crawford, Jim Crawford Broker Associate Fredericksburg VA
(Long & Foster)
Spotsylvania County VA Active Home for Sale ListingsThese are the active MLS homes for sale listings for the Spotsylvania County VA for March 1, 2024.  Inventory changes all the time, so check back frequently for newly listed homes for sale in the City of Fredericksburg VA. View Current Listing of Spotsylvania County VA Homes for sale
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By John Krol, Naples,Luxury Homes,International Buyers / Sellers
(Top Producers Realty, Inc. Krol Group International)
NAPLES, FL REAL ESTATE MARKET UPDATE 2/24 FOR MORE INFORMATION CALL OR TEXT BROKER JOHN 239-289-2336. EMAIL JOHN@KROLGRP.COMN  OR VISIT OUR WEBSITE WWW.BUYORSELLNAPLESPROPERTIES.COM  
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By Jim Crawford, Jim Crawford Broker Associate Fredericksburg VA
(Long & Foster)
Fredericksburg VA Active Home for Sale Listings These are the active MLS homes for sale listings for the City of Fredericksburg VA for March 1, 2024.  Inventory changes all the time, so check back frequently for newly listed homes for sale in the City of Fredericksburg VA. View Current Listing of City of Fredericksburg VA Homes for sale
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By Mike Tolj, Commercial Real Estate Without the Stress!
(Tolj Commercial Real Estate )
I have witnessed firsthand the rapid growth of remote work arrangements over my 18 years in commercial real estate. This fundamental shift, accelerated by COVID-19, is impacting urban and suburban office markets in some profound ways. In my conversations with clients and industry peers, here are the most salient transformations we see unfolding.Key Takeaways Remote work adoption is driving down demand for traditional urban office spaces, with higher vacancies and new flexible workspace models emergingProperty owners are repurposing buildings through adaptive reuse and integrating amenities to remain competitive Impacts vary by region – suburban and smaller markets benefit as people migrate from city centers The future outlook suggests continued evolution in how spaces are designed, leas...
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On February 16, 2024, California Association of Realtors (C.A.R) reported the homes values down 2.4% to the price of $833,000 in January of 2024 from price of $853,340 in December of 2023, but rose 7.0% from price of $778,540 in January of 2023 in Los Angeles County, California. While, homes sales fell 17.1% in January of 2024 from December of 2023, but up 0.8% from in January of 2023 in Los Angeles County, California.There were 3.2 months supplies of available inventory of home in January of 2024, higher from 2.6 months in December of 2023, but lower from 3.7 months in January of 2023 in Los Angeles County, California.An average it took 28.0 days to sell a home in January 2024, gained from 23.0 days in December of 2023, but decreased from 37.0 days in January of 2023 in Los Angeles Cou...
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On February 14, 2024, Realtor.com reported that in La Canada, California median list price was $3,249,000 in January of 2024 higher from $3,195,000 in December of 2023, and jumped 14.0% from $2,782,500 in January of 2023. While, median sales price for a home and a condo was $2,300,000 in January of 2024, rose 7.0% from January of 2023 in La Canada, California.Houses stayed 56.00 days in the market in January of 2024 decreased from 65.00 days in December of 2023, and dropped from 71.00 days in January of 2023 in La Canada, California.The median listing price per square foot of a home and a condo was $948.00 in January of 2024 up from $945.00 in December of 2023, and gained 8.0% from $875.00 in January of 2023 in La Canada, California.For complete more detailed information about Realtor.c...
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By Ritu Desai 703-625-4949, Northern Virginia,Washington DC & Maryland Realtor
(Samson Properties)
Are you curious about the latest trends in the DC Metro housing market? Here's a roundup of what's been happening in the past week.Growing InventoryGood news for buyers! Last week saw a 6.9% increase in new listings compared to the same time last year. This marks the fourth consecutive week of surpassing last year's numbers, indicating a healthy boost in inventory.Stable Contract TimesWhile homes are taking slightly longer to sell compared to the previous week, the downward trend in median time to contract has stopped. Despite this, homes are still selling two days faster than they did last year, maintaining a swift pace in the market.Affordable PricesThe median list price in the Mid-Atlantic region dipped slightly below $400k, a 2.5% drop from the previous week. Despite this decrease, ...
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By June Piper-Brandon, Creating Generational Wealth Through Homeownership
(Coldwell Banker Realty)
Are Home Prices Going to Drop?It’s no secret that inflation has improved over the past couple of months, but it has edged up a little with the rising cost of goods and transportation. The Federal Reserve has indicated that interest rates could drop over the coming months. There is still a possibility of rate hikes, depending on what happens with inflation and other economic factors, but so far, the future looks hopeful. Lower rates would make it more affordable for people to buy a home.What does this mean for the price of homes? While home value appreciation is expected to slow down some, it isn’t yet clear if home prices will decrease. Given recent trends, some areas may experience a price increase of around 3-4%, while others may see a 1-2% drop. Prices are directly connected to housi...
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By Charles Stallions, 850-476-4494 - Pensacola, Pace or Gulf Breeze, Fl.
(Charles Stallions Real Estate Services )
Charles Stallions, a seasoned real estate broker with 28 years of experience, anticipates steady growth in the Pensacola housing market for 2024. Fueled by its picturesque coastline, thriving economy, and desirable lifestyle, housing demand continues to soar. However, potential growth may be moderated by factors like interest rate fluctuations and supply chain disruptions affecting construction. While home prices could experience gradual increases, affordability remains a concern for some prospective buyers. Nevertheless, the market is projected to maintain its strength, offering opportunities for both buyers and sellers in the upcoming year. Monitoring economic indicators and local developments will be essential for informed decision-making in this dynamic market.Stallions highlight th...
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On February 16, 2024, California Association of Realtors (C.A.R) reported the homes values down 1.4% to the price of $870,000 in January of 2024 from price of $882,500 in December of 2023, but rose 6.7% from price of $815,000 in January of 2023 in Ventura County, California. While, homes sales fell 10.0% in January of 2024 from December of 2023, but jumped 15.8% from in January of 2023 in Ventura County, California.There were 2.9 months supplies of available inventory of home in January of 2024, higher from 2.4 months in December of 2023, but lower from 3.4 months in January of 2023 in Ventura County, California.An average it took 37.0 days to sell a home in January 2024, unchanged from 37.0 days in December of 2023, but decreased from 41.0 days in January of 2023 in Ventura County, Cal...
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By Chuck Carstensen, Minnesota/Wisconsin Real Estate Expert
(RE/MAX Results)
Welcome to the Real Estate Shift Show where we update you more frequently on What's Happening In Minnesota Real Estate with quick real estate tips, updates, and more!    2024 Real Estate Shift Show #26- New Construction Vs Existing Homes   2024 Real Estate Shift Show #27- - What You Should Not Offer on a Home   2024 Real Estate Shift Show #28- Will The Real Estate Market of 10- 15 Years Ago Return?   2024 Real Estate Shift Show #29- How Many Rentals Do You Own?   2024 Real Estate Shift Show #30- Reminder that Real Estate is Local You can catch up on prior real estate updates and Real Estate Shift recordings by clicking here!   Please feel free to reach out with any of your real estate questions or concerns. We strive to be the best real estate team in the area and would be happy to ass...
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On February 22, 2024, National Association of Realtors® (NAR) reported that that median home value price was $379,100 in January of 2024 gained 5.1% from the price of $360,800 in January of 2023.Single family home sales were at annual rate of 3.6 million units in January of 2024 up 3.4% from the annual rate of 3.48 million home sales in December of 2023, but lower 1.4% from January of 2023. The median single family home price was $383,500 in January of 2024, increased 5.0% from January of 2023.Condominium and co-op sales unchanged 0.0% to an annual rate of 400,000 units in January of 2024 from 400,000 in December of 2024, but dropped 4.8% from 420,000 units in January of 2023. Median existing condo price was $339,400 in January of 2024, rose 5.7% from $321,100 in January of 2023.Distres...
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By Eric Engelbert 949-430-7500, Broker/Owner
(Orange County Real Estate, Inc.)
The latest Orange County Real Estate Market Report, dated February 26th, 2024, delves into the current state of interest rates holding above 7% and their impact on the local real estate market. Orange County Real Estate, Inc. underscores its dedication to offering crucial statistical insights from the MLS, assisting clients in making informed decisions in a fluctuating market environment.Read the full report at this link.The report recaps ongoing high buyer demand and reduced days on market across all price ranges, highlighting the competitive landscape buyers face. It discusses the strategic removal of contingencies on a case-by-case basis, balancing the benefits against potential risks for buyers.It also notes opportunities in properties listed for over 90 days, suggesting these may o...
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