Competition over homes is easing, and the data says we may be heading toward a buyer’s market as the peak shopping season comes to a close. Pittsburgh and Louisville joined several Southern markets where the inventory recovery has already helped tip the scales in favor of buyers. Get the full data and details in our latest market report: https://lnkd.in/eT6K9qhE #RealEstate #HousingMarket #Zillow
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Welcome, all Washington Metro friends! Let’s jump into our weekly regional report for the Washington Metro area! This week, the median list price for the Washington Metro area is $764,990, with the market action index hovering around 51. This is less than last month's market action index of 53. Inventory has held steady at or around 4,627 For more information, go to homesbyrp.com This is definitely the perfect time to make a move in the Washington Metro area! Send a message to stay informed about the Washington market! #exprealty #HOMESbyRP #realtor #happyclients #Marketreport #MarketInsights #realestateagent #marketupdate #weeklyupdate #Weeklyreport
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???? #MetroDenverMarketReview: Yes, inventory is at its highest in 11 years, and buyer-to-seller ratios have softened the market. But don't worry—it’s not all bad news! For those newer to real estate, the ultra-competitive, seller-heavy market is all you've known. The past two years, however, are showing us a shift to a more balanced market—and it depends on where you look! ?? ?? Hot Suburban Spots: Areas to the north, west, and southwest of Denver are booming with just 1-2 months of inventory! ?? Cooler Central Areas: Neighborhoods like LoDo, Cherry Creek, and Highlands are cooling down, with 5-8 months of inventory. ?? October 2-8, 2024 Recap: Inventory has stabilized, buyer activity is steady, and sellers are more open to negotiation ??. Showings are up, and homes are taking longer to go under contract, giving buyers more time to make smart moves! When people ask, “How’s the market?” my answer is always: It depends. ?? #DenverRealEstate #MarketTrends #BuyerOpportunity #RealEstateUpdate #HotAndCoolMarkets
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Welcome, all Washington Metro friends! Let’s jump into our weekly regional report for the Washington Metro area! This week the median list price for the Washington-Metro area is $749,900, with the market action index hovering around 50. This is about the same as last month's market action index of 50. Inventory has held steady at or around 4,734 For more information, go to homesbyrp.com This is a great time to make a move in the Washington Metro area! Send a message to stay informed about the Washington market! #exprealty #HOMESbyRP #realtor #happyclients #Marketreport #MarketInsights #realestateagent #marketupdate #weeklyupdate #Weeklyreport
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Solid stats for Seattle during the typically slower winter holiday season. Low inventory continues which pushes supply vs demand dynamic in sellers favor, slightly. The median residential sold price in Seattle was $968,000 in November, marking a 3% year over year change. Also, 36% of homes sold after a price change, good news for buyers. Meanwhile, 68% of homes that sold in November were on the market for less than 30 days.
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Welcome, all Washington friends! Let’s jump into our weekly regional report for the DMV Metro area! This week the median list price for the Washington area is $709,990, with the market action index hovering around 46. This is less than last month's market action index of 47. Inventory has held steady at or around 3,431 For more information, go to homesbyrp.com This is a great time to move to the Washington Metro area! Send a message to stay informed about the DMV market! #exprealty #HOMESbyRP #realtor #happyclients #Marketreport #MarketInsights #realestateagent #marketupdate #weeklyupdate #Weeklyreport
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Welcome, all Washington Metro friends! Let’s jump into our weekly regional report for the Washington, DC, Metro area! This week the median list price for the Washington area is $750,000, with the market action index hovering around 49. This is about the same as last month's market action index of 49. Inventory has held steady at or around 5,637 For more information, go to homesbyrp.com This is a great time to make a move in the Washington Metro area! Send a message to stay informed about the Washington market! #exprealty #HOMESbyRP #realtor #happyclients #Marketreport #MarketInsights #realestateagent #marketupdate #weeklyupdate #Weeklyreport
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???? #MetroDenverMarketReview: The market in metro Denver took a slight turn this week as active inventory climbed back to over 10,000 listings across the 7 metro counties! ???? This wasn't due to new homes hitting the market but rather existing listings aging in place. While pending transactions stayed flat compared to last week, they're up a notable 10.7% from the same time last year, showing that buyers are starting to make their move. ??♂??? Showings followed a similar trend—steady compared to last week but up 11.2% over last year! ??? Buyers are more active, and as we head into Q4, this could be the perfect time to make a move before potential interest rate drops in 2024. ?? ?? Key Highlights ?? ?? Inventory remains strong after the post-Labor Day surge, giving buyers the most options they've had in a decade! ?? Sellers are open to negotiations, repairs, concessions, and contingent offers—flexibility is in the air! ???? ?? Showings and activity continue to rise, giving buyers more time to explore their options. ?? Sellers are adjusting prices thoughtfully, offering strategic reductions. This market is giving buyers more power than they've seen in years—don’t miss out on this unique opportunity! ???? #DenverRealEstate #MarketUpdate #BuyerOpportunity #RealEstateTrends
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Welcome, all Miami Metro friends! Let’s jump into our weekly regional report for the Washington Metro area! This week the median list price for the Miami area is $820,000, with the market action index hovering around 34. This is less than last month's market action index of 35. Inventory has held steady at or around 13,362. For more information, go to homesbyrp.com This is a great time to make a move in the Miami Metro area! Send a message to stay informed about the Miami market! #exprealty #HOMESbyRP #realtor #happyclients #Marketreport #MarketInsights #realestateagent #marketupdate #weeklyupdate #Weeklyreport #WashingtonDC
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Welcome, all Wilton Manors, FL, friends! Let’s jump into our weekly report! This week, the median list price for Wilton Manors, FL, is $978,500, with the market action index hovering around 30. This is less than last month's market action index of 32. Inventory has decreased to 92. The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand, however, it is likely that we will see downward pressure on pricing. To learn more, go to homesbyrp.com! Is this definitely the perfect time to make a move in Wilton Manors? Without a doubt! Go ahead and reach out to us, and accomplish your dreams! #weeklyreport #Weeklyupdate #Marketupdate #Realtor #exprealty #homesbyrp #RichardPearrell #Realestate #HOMESbyRP #WiltonManors
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Welcome, all Washington friends! Let’s jump into our weekly regional report for the DMV Metro area! This week the median list price for Washington-area is $729,900, with the market action index hovering around 47. This is less than last month's market action index of 48. Inventory has held steady at or around 4,797. For more information, go to homesbyrp.com This is a great time to make a move in the Washington Metro area! Send a message to stay informed about the DMV market! #exprealty #HOMESbyRP #realtor #happyclients #Marketreport #market insights #realestateagent #marketupdate #weeklyupdate #Weeklyreport
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