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New listings surge as the spring buying season approaches

Housing Wire

New listings ticked up by 21% in February compared to last year, according to Zillow ’s February report. New listings rose 20% from January, and each of the 50 largest U.S. metros experienced an increase in new listings. Texas and Florida saw the biggest jump in new listings, year over year.

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Sellers Listing Their Homes … But Buyers Aren’t Biting 

Appraisal Buzz

May 2024 Market Report Highlights Home values climbed month over month in all 50 of the nation’s largest metro areas in May. The smallest monthly appreciation was in Austin (0.2%), Tampa (0.3%), San Antonio (0.3%), Orlando (0.3%), and New Orleans (0.4%). Home values are down from year-ago levels in three major metro areas.

Sellers 397
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Buyer Competition Expected to Ramp Up This Fall 

Appraisal Buzz

Measuring Inventory & New Listings MoM New listings decreased by 1.1% New listings increased by 0.8% New listings are 21.3% For-sale inventory (the number of listings active at any time during the month) in August increased by 0.2% home this month was listed at $362,143.

Buyers 396
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U.S. Rental Markets Experiencing ‘Regional Divide’

Appraisal Buzz

relative to pre-pandemic norms) and new listings (-17%) approached their pre-pandemic averages more closely than they had in previous months. Increased activity from both buyers and sellers maintained around equilibrium property values. Over the past year, home values have increased 2.4%

Marketing 221
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Housing Market Nears $50T Valuation Milestone

Appraisal Buzz

In a decade, the value of U.S. homes has more than doubled, rising nearly 120% from $22.7 Chen Zhao, Redfin’s Economics Research Lead, predicts that the market will likely surpass $50 trillion within the next 12 months due to a lack of new listings keeping prices elevated. New Brunswick’s total home value surged 13.3%

Valuation 417
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Homebuyers No Longer Spooked by Market Conditions

Appraisal Buzz

September 2024: National Housing Metrics Median listing price : (Change over September 2023: -1.0% 2019: +36.0 %) Active listings : (+34.0 %) (-23.2 %) New listings : (+11.6 %) (-11.8 %) Median days on market : (+7 days to 55 days) ( -7 days) Share of active listings with price reductions : (+0.5

Marketing 418
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Tiburon Home Values (Housing Market Trends and Charts)

Realvals

The red line represents the number of listings that are pending, and the numbers at the bottom of the bars show the number of new listings for the month. Tiburon Average Price Per Square Foot of Sold Homes. This is calculated by dividing the number of listed properties by the number of properties sold.