Remove 2009 Remove Contracts Remove New Listings
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New listings data is growing and prices still aren’t crashing

Housing Wire

The rules of supply and demand economics always end up winning and weekly new listing data is key. New listing data is growing year over year, but it will be the second-lowest new listing data ever recorded in history. This contract data will grow if mortgage rates head lower and stay lower.

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The health of this housing market: Comparing 2024 data to 2011

Housing Wire

But since we have such low active listings today, even with 2024 being another year of low home sales, the days on the market are still under 30 days, which means homes that are priced right are selling quickly. New listings The most significant and glaring difference between 2011 and 2024 is the weekly new listings data for the peak season.

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How much will home prices climb over the next year?

Housing Wire

The median price of the new listings this week is $399,900. As the summer progresses, each subsequent week of new listings gets priced at a slight discount to the previous weeks. The median price of the homes in contract is $385,000. There are now 376,000 single-family homes in contract.

Inventory 370
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Expanding Supply, Easing Prices Bring Relief to King County Housing Market

Will Springer Realtor

Meantime, the number of contract listings – known as Pending sales – rose 6.1% Realtor.com reported that our broader market (including Bellevue and Tacoma) experienced the sharpest rise in new listings compared with last year, up 42%. The number of Active listings is another eye-opener. was up 27% YoY.

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Appraiser Salaries

Appraisal Today

The sellers custom built the home between 2007 and 2009, using high-end materials and finishes, including a wall of windows and 26-foot-high ceilings in the great room. In Bakersfield, for example, Golden Empire MLS participants can submit a form to post new listings, open houses and price changes. percent from 7.16

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King County Housing Activity Muted by High Purchase Costs

Will Springer Realtor

The number of buyer-seller contracts in one month tends to be a preview of the next month’s sales figures; deals typically take 4-6 weeks to close after going Pending. The number of new listings fell off the cliff in July, down 23% in Seattle (323 units), off 15% on the Eastside (261) and 14% across the county (770).

Buyers 54
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Home Prices Rising Toward Record Highs – Again

Will Springer Realtor

The county saw the combined number of single-family, townhome and condo listings increase in June by 4.4% While that percentage may appear strong, it’s nothing compared to the April-to-May rise of 18%, signaling a probable cooling of new listings in the future. New single-family-home listings rose 3.8%