Mina Peterson’s Post

Eastside The Eastside residential market didn’t follow a linear path in July. Single-family home prices were up 8% year over year ($1,620,000 vs. $1,500,000 a year ago) and down 1% month over month. Inventory was up 7% year over year but flat compared to June. July saw 8% more closed units than June, but a lower percentage of multiple-offer scenarios. Let’s discuss how these trends relate to your real estate plans!

#Eastside #MarketReport #March Eastside home prices jumped 10% in February compared to a year ago, up from $1,340,000 last year to $1,470,000 this year. Low supply is putting pressure on Eastside buyers to bring their A-game and is motivating prospective sellers to get their homes ready quickly. Let’s connect to see how these trends might affect your immediate real estate goals. #SarahMcGrath #Windermere #RealEstate #WeAreWindermere #sarahstrategies

2024 JULY EASTSIDE REAL ESTATE STATS In June, the median sold price of an Eastside single-family home rose 13% year over year but dropped 4% from May. This month-over-month price decrease is likely due to growing supply: the number of active residential listings grew by 16% during June. Although demand still exceeds supply on the Eastside, rising inventory levels should help modulate prices in the coming months. Let’s connect to discuss how this affects your real estate goals.

#Eastside #MarketReport #April Eastside home prices jumped 19% last month compared to a year ago, reaching a median of $1,682,500. More than half of all homes sold above asking price, as buyers had to compete hard for limited inventory – just 0.6 months of supply by the end of March, a 46% year-over-year decline. Let’s connect to see how these trends might impact your real estate goals. #SarahMcGrath #Windermere #RealEstate #WeAreWindermere #sarahstrategies

#Eastside #MarketReport #April Eastside home prices jumped 19% last month compared to a year ago, reaching a median of $1,682,500. More than half of all homes sold above asking price, as buyers had to compete hard for limited inventory – just 0.6 months of supply by the end of March, a 46% year-over-year decline. Let’s connect to see how these trends might impact your real estate goals. #BrianMcRae #Windermere #Eastside #RealEstate #WeAreWindermere #AllInForYou

Real Estate News You Can You! Brought to you by The MK Realty Group Hoping for a big drop in home prices? Here’s why experts say that’s not likely. A nationwide housing shortage means demand is still outpacing supply, and that’s keeping prices steady or rising in most areas. Even though inventory has grown this year, the change isn’t enough to tip the scales. Let’s chat so I can help you understand what’s driving prices in our market, and why working with a local agent is key. #homeprices #housingshortage To schedule a conversation with us at 313-771-0948!

#Eastside #MarketReport #April Eastside home prices jumped 19% last month compared to a year ago, reaching a median of $1,682,500. More than half of all homes sold above asking price, as buyers had to compete hard for limited inventory – just 0.6 months of supply by the end of March, a 46% year-over-year decline. Let’s connect to see how these trends might impact your real estate goals. #JohnBarker #Windermere #AllInForYou #WeAreWindermere #WindermereYarrowBay #RealEstate #BellevueRealEstate #KirklandRealEstate

🏠📉 Did you know that nearly 20% of San Francisco home sellers are taking a loss on their sale? This is more than four times the national share! Dive into our latest blog post to learn more about the current real estate market trends. 👇 Key Insights: - San Francisco's median sale price has fallen 15% ($250,000) from its peak at $1.66 million in April 2022. - Over 1 in 10 Detroit sellers are also taking a loss on their home sale. - Sellers in New England and Southern California are least likely to take a loss. - Nationwide, about 96% of sellers are earning money on their sale, with a median gain of $196,016. At Pruthvi Estate Consultant, we're dedicated to guiding you through your real estate journey with utmost professionalism and industry expertise. 🏡💼 Read more at [blog_url]. Read more here: https://lnkd.in/d6zQRvAU #RealEstateTrends #HomeSelling #PruthviEstate #ch1 #ch2 #ch3g #e

#Eastside #MarketReport #March Eastside home prices jumped 10% in February compared to a year ago, up from $1,340,000 last year to $1,470,000 this year. Low supply is putting pressure on Eastside buyers to bring their A-game and is motivating prospective sellers to get their homes ready quickly. Let’s connect to see how these trends might affect your immediate real estate goals. #BrianMcRae #Windermere #Eastside #RealEstate #WeAreWindermere #AllInForYou

Tampa-St. Petersburg: April 2024 Real Estate Update Catch up on the latest trends in Tampa-St. Petersburg's real estate market with our April analysis. 📈🏠 April data for the Tampa-St. Petersburg real estate market indicates a slight increase in home sales volume, reaching 3,983 transactions, an 8.2% rise from March 2024 and a marginal 0.8% year-over-year growth. Median home prices climbed to $400k, reflecting a 2.0% month-over-month increase and a 4.2% rise compared to the previous year. Single-family home prices increased by 1.2% from March, reaching $425k, while new construction prices saw a more significant monthly increase of 3.1%, settling at $422k. Conversely, condominium prices declined by 3.8% month-over-month to $250k, marking a 5.1% decrease compared to April 2023. 📥 Download the report here: rezitrade.com/statistics Explore our full report for a comprehensive breakdown of these trends with detailed graphs and analysis. Stay updated with the latest market insights by following our updates, and share this information to keep your network informed about the real estate dynamics in Tampa-St. Petersburg. #TampaRealEstate #StPetersburgRealEstate #MarketUpdate #RealEstateTrends #HomeSales #PropertyMarket #RealEstateInsights #HousingMarket