Days on market New Construction Pre-approval 
Housing Wire
DECEMBER 6, 2024
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Marco Santarelli
FEBRUARY 28, 2025
Zillow's Methodology: How They Predict the Heat Their “hottest market” ranking isn't just a guess; it's based on a sophisticated index that takes several factors into account: Forecasted Home Value Appreciation: This looks at how much Zillow expects home values to increase over the coming year. Shorter times suggest high demand.
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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%
Marco Santarelli
FEBRUARY 13, 2025
Days on Market: A speedy 46 days , much faster than the national median of 73 days. Even with the increase, the hottest markets had only about half the number of homes for sale in January compared to pre-pandemic levels. Work with a Local Agent: An agent who knows the market inside and out can be invaluable.
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.
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. So, you’d find a lot of distressed sellers in this area and get some discounted off-market deals. Pre Foreclosures. Prior Month.
Housing Wire
MARCH 22, 2024
Get pre-approved with a local lender. Yes, many buyers will hop online and get a generic pre-approval letter. Yet they’ll be unable to because they aren’t pre-approved for that amount. Even new construction properties have flaws, and buyers need a complete picture of the property they’re buying.
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