Lamacchia Realty

AUGUST 25, 2023

JULY 2023 south florida housing report July Highlights Mortgage rates and limited inventory continue to be the driving factors behind today’s real estate market data – specifically sticking out when looking at home sales and new listings which are both down across all counties and categories in South Florida.

Inventory 69

Inventory New Listings Real Estate Sellers 69

Lamacchia Realty

DECEMBER 21, 2023

november 2023 south florida housing report Broward County In November of 2023, Broward County single-family homes as well as c ondos/townhomes saw decreases in closed sales and pending sales, but increases in average price and new listings. An increase in active inventory as well as new listings is great news for buyers!

New Listings 69

New Listings Real Estate Inventory Sellers 69

Lamacchia Realty

MARCH 24, 2025

In February 2025, national home sales decreased 1.2% in Home sales According to Mortgage News Daily , March mortgage rates started in the high 6% range, around 6.7% Year-over-year trends show a decrease in new listings and pending sales, possibly due to winter conditions or the leap year in 2024.

Sellers 59

Sellers Real Estate Buyers New Listings 59

Lamacchia Realty

OCTOBER 25, 2024

Following along with national housing market trends for the month, Rhode Island saw a decrease in home sales and quite a large percentage increase in sales price when compared to this time last year. The market is showing signs of rebalancing as new listings increase and overall sales begin to slow down.

Sellers 74

Sellers Real Estate Buyers Inventory 74

Lamacchia Realty

NOVEMBER 27, 2023

october 2023 south florida housing report Broward County In October of 2023, Broward County single-family homes saw a decrease in closed sales, but increases in new listings, pending sales, and average price. Condos/townhomes saw increases in average price and new listings but decreases in pending and closed sales.

New Listings 73

New Listings Sellers Real Estate Inventory 73

Lamacchia Realty

OCTOBER 20, 2023

September 2023 south florida housing report Broward County In September of 2023, Broward County single-family homes saw decreases in new listings and pending sales but increases in closed sales and average price. increase in new listings compared to September 2022. What’s happening in the market?

New Listings 69

New Listings Real Estate Sellers Inventory 69

Lamacchia Realty

OCTOBER 25, 2024

Following along with national housing market trends for the month, Massachusetts saw a decrease in home sales and an increase in sales price when compared to this time last year. The market is showing signs of rebalancing as new listings increase and overall sales slow down.

Sellers 74

Sellers Real Estate Buyers Inventory 74

Lamacchia Realty

JANUARY 24, 2025

The Connecticut housing market in December showed impressive growth compared to 2023, with increases in home sales, average sale prices, and pending transactions. However, new listings were down, resulting in lower inventory and increased competition among buyers.

Inventory 69

Inventory Real Estate Sellers Buyers 69

Lamacchia Realty

JANUARY 24, 2025

The New Hampshire housing market in December demonstrated significant strength compared to 2023, with home sales, average sale prices, and pending transactions all on the rise. Despite this, new listings have declined, leading to reduced inventory and heightened competition among buyers.

Real Estate 68

Real Estate Inventory Sellers Buyers 68

Lamacchia Realty

MARCH 28, 2023

February 2023 south florida housing report February Highlights Single family homes sales are significantly down again in Broward, Miami-Dade and Palm Beach counties in February compared to this time last year. The average price slightly increased for single-family homes and decreased for condos and townhomes.

New Listings 69

New Listings Sellers HOA Buyers 69

Lamacchia Realty

DECEMBER 19, 2023

As a result, there is increased competition for available homes and average prices have continued to increase as well. In fact, Hartford, CT saw the largest year-over-year increase in home prices amongst the 50 largest U.S. cities per the Zillow Home Value Index. What’s next?

Real Estate 74

Real Estate Sellers Home Value Buyers 74

Lamacchia Realty

JULY 25, 2023

Palm Beach County In June of 2023, Palm Beach single-family and condo/townhome closed sales and new listings decreased. However, the average price was down for single family homes but up for condos/townhomes. Also, pending sales were up for single family homes but down for condos/townhomes.

Sellers 69

Sellers Buyers Real Estate Inventory 69

Lamacchia Realty

JULY 29, 2024

While refinancing could potentially yield savings if rates drop substantially, it’s important to remember that rising home values might counteract these benefits. Many sellers are hesitating to put their homes on the market, therefore, the number of new listings is down year over year.

Inventory 74

Inventory Sellers Buyers Real Estate 74

Raleigh Realty

JULY 12, 2022

As supply chain issues cause construction material prices to soar, buyers are more likely to consider purchasing a resale home vs. a new construction home. 4,840 new apartments were constructed in Raleigh throughout 2021. Triangle MLS) The average resale home in Wake County spent 6 days on the market in April 2022.

Real Estate 78

Real Estate Supply Chain Construction Home Value 78

Lamacchia Realty

DECEMBER 19, 2023

However, the number of homes listed in New Hampshire is up by 7.3% which could indicate that those who have been delaying listing their homes are getting off the sidelines. Instant Home Evaluation See immediately how this market is impacting your home value. What’s next?

Real Estate 74

Real Estate Sellers Buyers Realtors 74

Lamacchia Realty

JANUARY 29, 2025

South Florida, despite a drop in sales has seen a steady rise in home value over the years due to demand and higher priced sales propping up average prices. 2024 Listings Rise for the First Time in Two Years After two years of sharp declines in home listings , including 2023’s record low since 1994, 2024 saw a 12.5%

Inventory 66

Inventory Insurance Real Estate Buyers 66

Lamacchia Realty

JANUARY 24, 2024

December 2023 south florida housing report Broward County In December of 2023, Broward County single-family homes saw no changes in the number of homes sold, increases in average price, and new listings, but a decrease in pending sales. Instant Home Evaluation See immediately how this market is impacting your home value.

New Listings 36

New Listings Sellers Real Estate Buyers 36