The August housing market report finds home listing prices are down, home inventory is up, and homes for sale are spending more time on the market. Combined, this gives buyers more choices during what is typically the best time of year to buy a home. © 2022 xpertRealtyMarketing. Sign [...]
Highlights Home listing prices decelerated for the second month in a row as of the end of August 2022. Buyers now have more active listings to choose from than at any time in the last 12 months. The national inventory of active listings in August 2022 increased by 26.6% [...]
July housing inventory levels continue to rise, providing more options to homebuyers who are actively looking for a new home. Home price reductions are also increasing as sellers adjust to the new normal. However, housing remains expensive and fast-paced, with the median asking price close to June’s all-time high. [...]
Highlights Nationally, the inventory of homes actively for sale on a typical day in July increased by 30.7% over July 2021, the largest inventory increase in Realtor.com® data history. Higher than June’s record-breaking growth rate of 18.7%. The total inventory of unsold homes, including pending listings, increased by just [...]
For the second month in a row, the June housing data shows an improvement in inventory. The count of active homes listed for sale increased 18.7% year-over-year. The increase in inventory resulted from a combination of sellers entering the market and moderating demand for homes. Home sales remain fast-paced, [...]
Highlights The national median listing home price hit a record high in June at $450,000, up 16.88% year-over-year and up 31.4% compared to June 2020. The national inventory of active homes listed for sale increased 18.7% year-over-year. The total inventory of unsold homes declined by 1.4% due to a [...]
The inventory of homes for sale grew in May, with more new listings entering the market than in any other month since June 2019. Despite the increase in inventory, typical housing costs are expensive and fast-paced. The median home asking price is at a new all-time high of almost $447,000. [...]
Highlights The count of homes for sale grew in May compared to last year for the first time since June 2019. New home listings increased 6.3% over 2021 levels. The typical home spent 31 days on the market in May, the shortest time on record since 2016. Homes for sale [...]
April housing inventory is closer to catching up with 2021; however, homebuyers still contend with fewer homes for sale. © 2022 xpertRealtyMarketing. Sign up to have real estate articles delivered to your website.
Highlights Home inventory is beginning to catch up with last year; however, homebuyers are still contending with fewer homes for sale. The number of homes for sale in April is comparable to this time last year, but the number is still fewer than what was typical before the pandemic. April [...]
