Marco Santarelli

MARCH 13, 2025

To get a clearer picture of what's happening in the housing market, let's take a look at some key data points from Redfin for the four weeks ending March 9, 2025: Median Sale Price: $381,975 ( Up 3.2% year-over-year) New Listings: 88,739 ( Up 3.1% New Listings 88,739 3.1% Share of Homes Off Market in 2 Weeks 34.6%

Mortgages 52

Mortgages Pre-approval New Construction Sales 52

Marco Santarelli

FEBRUARY 17, 2025

The Numbers Don't Lie: A Deeper Dive into the Data Let's break down some of the key data points that highlight Manchester's hot market status: Median List Price: $579,000 in January (a nearly 4% increase from the previous month). Days on Market: 46 days , significantly lower than the national median.

Marketing 52

Marketing New Construction Construction Sales 52

RIS Media

MARCH 18, 2021

Conditions seem to be keeping some potential sellers on the sidelines, but that could change if or when they see more move-up options on the market. With seasonality, still-low interest rates, and gains in new construction, we hope to see some relief in supply during the coming months. Days on Market – Average of 53 Metro Areas.

Branding 98

Branding Days on market New Construction Sales 98

Marco Santarelli

FEBRUARY 13, 2025

Days on Market: A speedy 46 days , much faster than the national median of 73 days. Work with a Local Agent: An agent who knows the market inside and out can be invaluable. Be Prepared to Act Fast: Homes in these markets don't stay on the market for long, so be ready to make a quick decision.

Marketing 52

Marketing Pre-approval New Construction Construction 52

RIS Media

APRIL 3, 2022

With demand beginning to moderate as some home shoppers are priced out of the market and new construction at near 16-year highs, inventory is expected to hit positive territory year-over-year this summer. New Listings: Change from March 2021: -3.4%. Median Days on Market: Change from March 2021: -11.

New Construction 98

New Construction Construction Staging Days on market 98

Zillow Market Reports

APRIL 12, 2024

Meanwhile, appreciation is subdued in Southern metros where existing inventory has grown or nearly recovered since the outset of the pandemic – and has been helped along by robust injections of new construction. New construction is providing a pressure-relief valve in these metros, giving move-up buyers a place to go.

Marketing 89

Marketing New Construction Construction Mortgages 89

Real Trends

SEPTEMBER 13, 2022

A home that might have sold for over-list price in less than a day with multiple offers a few months ago — even with bad iPhone photos and monstrous dust bunnies under the coffee table — is going to need a little more love now that we are feeling a market shift , seeing increased days on market and inventory is growing. .

Marketing 108

Marketing Days on market Agents New Construction 108

Marco Santarelli

JUNE 15, 2024

They anticipate demographics, particularly a healthy labor market with a growing population, to keep demand for homes robust. Additionally, they believe existing supply constraints will persist, with new construction failing to keep pace with buyer interest. Dive deep into your local market.

Marketing 98

Marketing Construction New Construction Mortgages 98

Redfin

DECEMBER 29, 2022

million rental units under construction in the U.S., Inventory and supply are calculated in 90-day periods, e.g., January 2022 data is the three-month period from November 1, 2021, through January 31, 2022. New construction took up a growing share of housing inventory . million privately-owned new homes built in the U.S.

Marketing 83

Marketing New Construction Construction Investor 83

HomeLight

MAY 31, 2022

This post gives you a closer look at the best time to sell, market trends you need to know about, and insider tips to help you sell your Texas home faster and for more money. The current average days on market ( DOM ) — from listing to signed contract — for the state is around 34 days. Texas housing trends. Brent Germany.

Agents 111

Agents New Construction Sales Construction 111

BAM Media

NOVEMBER 22, 2024

Zillow’s data highlights how mortgage trends, home value changes, and new construction are shaping today’s housing market. Buyer’s markets are spreading from the South as housing inventory recovers, reducing competition and softening home price growth. Based on Zillow’s data for October, new listings are down 1.6%

Marketing 52

Marketing New Construction Days on market Construction 52

Realtor.com

DECEMBER 1, 2022

Some are looking to new construction to find the types of home features missing on the dusty listing pages. “In fact, new home sales picked up slightly in October,” says Hale. What increased days on market means for buyers and sellers. And so what’s a frustrated buyer to do?

Mortgages 82

Mortgages New Construction Days on market Construction 82

Marco Santarelli

SEPTEMBER 21, 2020

Today, the general trend for SFR construction in San Diego County is still far below the 2002-2004 numbers. The next peak in single-family residential construction will likely begin around 2021 but it is highly unlikely to return to the frenzied mortgage-driven numbers seen during the Millennium Boom. Median Days on Market equaled 8.

Marketing 138

Marketing Construction Investor Sales 138

Marco Santarelli

JUNE 24, 2024

The market might be flooded with luxury homes or starter condos, leaving a gap for mid-range single-family homes most sought after by families. New Construction Slowdown: The confidence of homebuilders has declined, potentially leading to a slowdown in new construction.

Marketing 75

Marketing New Construction Construction Sales 75

HomeLight

JULY 12, 2021

On today’s show, we’ll talk with three agents about what’s happening on the streets right now, what’s happening in new construction, buyer and seller activity, and much more. And HomeLight’s managing editor is here to help make sense of the new data. All of that is straight ahead.

Marketing 81

Marketing New Construction Agents Construction 81

McKissock

NOVEMBER 20, 2020

. “One way to gain a better understanding of market reaction,” she advises, “is through completing relocation appraisals in which an appraiser closely monitors days on market, current active competition, withdrawn and expired listings, and overall real estate trends and heavily focuses on a home’s marketability.”

Residential 72

Residential New Construction Days on market Construction 72

Realtor.com

JULY 2, 2021

College towns like Austin and Boulder are seeing strong housing market performance year over year, according to data provided by Realtor.com. In Boulder, the median listing price for all property types is up 20% year over year, and median days on market is down 17%.

Investor 67

Investor Construction Days on market Development 67

Redfin

JULY 27, 2023

Competition This summer we have seen demand pick up again and the days on market have significantly dropped, so if you see a home you like, don’t wait too long. Do you want a new construction home or an older property with character? Are you looking for more space or a big backyard?

New Construction 59

New Construction Closing costs Construction Days on market 59

HomeLight

APRIL 14, 2023

And they can sell it faster , too, reducing the days on market and allowing you to move on from a divorce, sell a home you inherited, or jump into your next adventure. The days on market (DOM) — number of days between listing and a signed contract — really depends on individual neighborhoods.

Sales 104

Sales Due diligence Agents Closing 104

Marco Santarelli

JULY 31, 2021

Days on Market decreased 67.6 RVs can be found for less than $40,000, while snowbirds provide an instant market for renting out these cheap, low-maintenance properties. Demand in this area is so great that some are advocating the construction of new RV parks to help the Tucson economy. Good rental market.

Marketing 105

Marketing Investor Sales New Construction 105

Marco Santarelli

JULY 24, 2020

New construction permits in all cities often lag due to community resistance which blocks new housing. Median Days on Market equaled 19. . San Francisco Real Estate Market Forecast 2020 – 2021. There are also a wide variety of economic and political factors that can and do impact real estate markets.

Marketing 144

Marketing Investor Sales As-is 144

HomeLight

APRIL 21, 2023

The lack of land and the inability to build new construction has also limited development of additional housing, according to Cane. However, the sales volume has slowed, and days on market and prices have increased since 2022. Average days on market: 21 Average days on market: 29 + 38.1%

Investor 100

Investor Renovation Closing Sales 100

HomeLight

APRIL 29, 2021

The number of days on market (DOM), which marks how long a home is on the market before the seller accepts an offer, typically drops. In a balanced market, marketing time typically lasts around six weeks , according to The National Association of Realtors® (NAR). Factors that lead to a seller’s market.

Marketing 111

Marketing Sales Agents Construction 111

Marco Santarelli

AUGUST 27, 2020

Due to rising economic uncertainly of the likes of the infamous recession cou0pled with stay-at-home order, the number of home sales in the Las Vegas housing market for April dropped sharply when compared to March. Many construction projects were also canceled or postponed indefinitely. The average days on market is 91.

Marketing 128

Marketing Purchase and sale agreement Investor Sales 128

Redfin

DECEMBER 27, 2023

Other contributors to the quieter rental market: Strong new construction in the apartment industry, and fewer new households forming (two or more people living together). Supply is calculated in rolling 90-day periods, e.g., January 2023 data is the three-month period from November 1, 2022, through January 31, 2023.

Marketing 66

Marketing Mortgages Investor New Construction 66

HomeLight

APRIL 5, 2023

In addition, builders can be incentivized to negotiate to clear new construction inventory at the end of the year. It’s also very tech driven so tech companies coming to the area and tech layoffs affect the surrounding housing markets. Ultimately, the best time of year to buy a house in California depends on your goals.

Agents 105

Agents Closing As-is Sales 105

HomeLight

MARCH 21, 2023

In addition, Leonard points out that builders can be incentivized to negotiate to clear new construction inventory at the end of the year, offering deals in December that are no longer available in January. It’s important to point out that days on market in 2022 were fewer in Q1, so, while inventory is down, buyers are still hungry.

Agents 105

Agents Pre-approval Sales Closing costs 105

HomeLight

MARCH 31, 2021

The sting of the market tumble kept cautious home builders from excessive building in the decade to follow, suppressing inventory while buyer demand continued to grow. Zoning restrictions cause building delays or thwart construction completely: Many cities limit new housing with strict zoning laws and building regulations.

Marketing 98

Marketing Banks Land Sales 98

The Close

JULY 22, 2022

In The Close’s Business Plan Templates, we ask you to examine and record your local market’s: General Trends (average days on market, typical commission rate, average sold price, etc.). Market Opportunities (any observed imbalances in supply and demand). Market Saturations (where is there too much and of what).

Brokerage 105

Brokerage Branding Agents As-is 105

The Close

DECEMBER 27, 2022

Further out, suburban areas begin to lose value as homebuilders continue to overbuild because new construction timelines are longer. If you still have a speculation itch that needs scratching, do not close unless you have checked and double-checked current prices and days on market. This will further increase inventory.

Investor 105

Investor Staging Marketing Banks 105

Marco Santarelli

JULY 9, 2021

According to new data from local realtors, seller activity in May grew slightly, up 2.6 Housing demand continues to rise, resulting in a scarcity of available inventory on the market. In May, homes spent a median seven days on market, which is down 56.3 New construction sales dropped 5.5

Marketing 85

Marketing Purchase and sale agreement Investor Construction 85

Marco Santarelli

DECEMBER 17, 2020

New Listings are up by 10%. Days on Market Until Sale are 18, down 43.8%. Days on Market Until Sale are 18, down 14.3%. Points in favor of the Richmond VA real estate market included its intellectual and creative life, affordability, and quality of healthcare. Pending Sales are up by 35.4%.

Marketing 116

Marketing Sales Investor As-is 116

Marco Santarelli

APRIL 29, 2021

It compares key housing metrics of the San Jose housing market from March 2021 with March 2020. . Median Days on Market was 8. Impact of the Pandemic on San Jose Housing Market. Samsung opened a new campus here in 2015. Apple’s new San Jose campus is under construction. year-over-year. year-over-year.

Marketing 126

Marketing Investor Residential Sales 126

Realtor.com

JULY 2, 2021

College towns like Austin and Boulder are seeing strong housing market performance year over year, according to data provided by Realtor.com. In Boulder, the median listing price for all property types is up 20% year over year, and median days on market is down 17%.

Investor 52

Investor Construction Days on market Development 52

Marco Santarelli

MAY 16, 2022

The average number of days on the market in the first quarter of 2022was 54, representing a decrease of 34.8% from 83 days on market in the first quarter of 2021. New Construction: The 60 new homes sold represented 11.3% increase from the first quarter of 2021's median sales price of $191,445.

Marketing 96

Marketing Residential Sales As-is 96

Marco Santarelli

SEPTEMBER 5, 2020

With 2020 being, theoretically, in the middle of a boom, there are still 4 years for residential construction to surge. Impact of Covid-19 on The Phoenix Housing Market. Phoenix housing market 2020 started so strong that only something as drastic as the ongoing pandemic could have impeded the real estate sector. year-over-year.

Marketing 135

Marketing Purchase and sale agreement Investor Sales 135

Marco Santarelli

AUGUST 21, 2020

On average, homes in Miami, FL sell after 93 days on the market. The trend for median days on market in Miami, FL has gone down since last month, and slightly up since last year. More detailed Miami housing market trends and forecasts are given below. The median listing price per square foot was $261. in 2021.

Marketing 126

Marketing Investor Sales As-is 126