Realty One Group Orca’s Post

Time to Wake Up! This is not the time to think it's a good plan to wait until home prices come down before you purchase a home. The real estate market is not balanced and that is largely due to low housing inventory. Home sellers are loving this market as they see home buyers outbidding each other in some areas just to get their offer accepted. Last week real estate brokers in King County turned in 530 pending sales, posted 446 new listings and completed 126 price reductions. #realtyonegrouporca #kingcountyrealestate #mondaymarketupdate

ALMOST 500! Five hundred pending sales over a seven day period is a good number for this housing market number. The Spring market is in full effect as we are seeing pending home sales approach this level. With higher inventory levels we would be seeing greater numbers of pending sales but the shortage of housing inventory is keeping the number low. Home buyers can expect home prices to continue to increase in every sector, from condominiums, new construction, resale and multi-family, prices are not coming down. Last week real estate brokers in King County turned in 489 pending sales, posted 393 new listings and completed 109 price reductions. #realtyonegrouporca #mondaymarketwatch #kingcountyrealestate

Calgary Real Estate Board released last months real estate stats for Calgary and the Surrounding Area. In October, home sales remained steady year-over-year, with 2,174 transactions—up 24% from long-term averages. Gains in sales of homes over $600,000 offset declines in lower price ranges. Ann-Marie Lurie, Chief Economist at CREB®, noted that while demand is strong, activity could improve if there were more lower-priced options. Inventory has increased, now at 4,966 units—up from last October’s low of 3,205—but nearly half are priced above $600,000. Market conditions are shifting away from the tight spring environment, yet supply remains tight overall, with 2.3 months of inventory. The benchmark price for residential properties rose to $592,500, over 4% higher than last year. Do you want to know what this means for your real estate journey? Call us today and we can walk you through the process. #monthlystats #realestatestats #calgarystats #exprealtycalgary #exprealtycanada #exprealty #exprealtyyyc #realtor #forsale #reevesrealty #yycliving #calgary #yycrealestate #yycrealtor #calgaryrealtor #reeves Reeves & Associates eXp Realty 587.200.2728

Calgary Real Estate Board released last months real estate stats for Calgary and the Surrounding Area. In October, home sales remained steady year-over-year, with 2,174 transactions—up 24% from long-term averages. Gains in sales of homes over $600,000 offset declines in lower price ranges. Ann-Marie Lurie, Chief Economist at CREB®, noted that while demand is strong, activity could improve if there were more lower-priced options. Inventory has increased, now at 4,966 units—up from last October’s low of 3,205—but nearly half are priced above $600,000. Market conditions are shifting away from the tight spring environment, yet supply remains tight overall, with 2.3 months of inventory. The benchmark price for residential properties rose to $592,500, over 4% higher than last year. Do you want to know what this means for your real estate journey? Call us today and we can walk you through the process. #monthlystats #realestatestats #calgarystats #exprealtycalgary #exprealtycanada #exprealty #exprealtyyyc #realtor #forsale #reevesrealty #yycliving #calgary #yycrealestate #yycrealtor #calgaryrealtor #reeves

January 2024 New York Regional Median Home Price Climbs 8.2% Compared to the Previous Year Contact me to discuss the latest scoop in real estate! #newyorkrealestate #newyorkrealestateagent #newyorkrealestatebroker #longislandrealestate #hamptonsrealestate #nyrealestate #realestatenyc #realestateny #manhattanrealestate #compassny

What’s happening in the market? Santa Barbara’s real estate market in 2024 has seen significant growth in home prices 📈🏡. As of September 2024, the median sales price for single-family homes reached $2.62 million 💰, a 24.6% increase from the previous year. Similarly, the average sales price rose by 39%, hitting $2.96 million 🌟. While the market remains competitive ⚔️, homes are taking about 36 days to sell ⏳, with fewer multiple-offer situations than in 2023.

What’s happening in the market? Santa Barbara’s real estate market in 2024 has seen significant growth in home prices 📈🏡. As of September 2024, the median sales price for single-family homes reached $2.62 million 💰, a 24.6% increase from the previous year. Similarly, the average sales price rose by 39%, hitting $2.96 million 🌟. While the market remains competitive ⚔️, homes are taking about 36 days to sell ⏳, with fewer multiple-offer situations than in 2023.

Home sale prices show little change in Florida and Ocala area Contact me to discuss the latest scoop in real estate! #HousingMarket #Properties #HomeSearch #RealEstateInvesting #MiamiRealtor #MiamiHomeBuying #305 #RealEstateFlorida #AvantiWay #MiamiRealEstate

🏡 November 2024 Real Estate Market Update for Yellowstone County 🏡 Curious about the latest trends in our local real estate market? Here’s a snapshot of the November 2024 stats compared to past years! 📊 ✨ Average Home Price continues to rise, hitting $378,257, a 6.5% increase from last year! ✨ Months of Inventory are up to 4.1 months, giving buyers more options in the market. ✨ Homes Sold dropped slightly to 157, reflecting a shift in market dynamics. ✨ List Price Received remains strong at 97.8%, showing stability in pricing. Whether you’re looking to buy, sell, or simply stay informed, now is the perfect time to connect with a local expert. Let’s navigate the market together! 📞 Call me, Elizabeth Shumaker, at 406-860-4207 or visit www.whitelotusrealty.com for personalized advice. 🔗 Check out the full report in the image for more insights. #YellowstoneCounty #RealEstateTrends #WhiteLotusRealty #MarketUpdate #MontanaHomes #RealEstateBroker

Tim Tepes Real Estate LLC power by Better Homes & Gardens Real Estate Cassidon Realty Seeing headlines that the median price of a home has dropped? It's easy to assume that means home prices are falling. But that’s not the case. While median prices have dipped, that's because smaller, less expensive homes are hitting the market—and that’s impacting the mix of sales and driving the median down. A closer look shows prices are still rising nationally. Have questions? DM me. #homeprices #homevalues www.timtepes.com