well-priced inventory is low: new york real estate in Q2 2023

well-priced inventory is low: new york real estate in Q2 2023

During the second quarter of 2023, New York City’s real estate market has been as volatile as our stock market. While the market for ultra-luxury apartments, both condo and co-op, has remained slow, the smaller units, which were having a run in April and much of May, have now sunk into the doldrums as well.

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there are fewer houses for sale in CT. Here’s why.

there are fewer houses for sale in CT. Here’s why.

A low inventory of homes for sale and high interest rates are creating a catch-22 in Connecticut’s real estate market: to push prices down would require more houses to go up for sale, but people don’t want to list their houses because prices are high, according to local real estate experts.

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not so hot july: low inventory, interest rates keep colorado housing market calm

not so hot july: low inventory, interest rates keep colorado housing market calm

The latest Market Trends Housing Report from the Colorado Association of Realtors shows the single-family home inventory in the seven-county Denver metro area dropped 3% between June and July and is 28% lower than in July 2022.

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how hot is the real estate market near white plains? home sale prices rise to $825K

how hot is the real estate market near white plains? home sale prices rise to $825K

The median sales price for a single-family home sold in Westchester County during May was $825,000. That's an increase of 13% compared with May 2021, according to a USA TODAY Network localized analysis generated with data from Realtor.com.

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here’s where the wealthiest connecticut residents moved in the pandemic

here’s where the wealthiest connecticut residents moved in the pandemic

In Connecticut, the wealthiest movers on average came from Fairfield County and moved to Palm Beach County, Fla. Palm Beach County is home to popular coastal cities like Palm Beach, West Palm Beach and Boca Raton. The data showed that 418 different families totaling 778 people filed their 2019 taxes in Fairfield County and their 2020 taxes in Palm Beach County. That means over $327 million in income moved from Connecticut down to Florida, making the average income per person just over $421,000.

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cities with the fastest-growing home prices in connecticut

cities with the fastest-growing home prices in connecticut

In Connecticut’s collegiate New Haven, where the median asking price for a home rose significantly over the Stacker compiled a list of cities with the fastest-growing home prices in Connecticut using real estate data from Zillow.

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drop in metro denver home sales will be steeper than expected

drop in metro denver home sales will be steeper than expected

Metro Denver’s housing market is facing some major headwinds that will contribute to a larger than expected drop in home sales and slower than predicted price gains, according to a mid-year update from the Denver Metro Association of Realtors.

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homes for sale in westchester and connecticut

homes for sale in westchester and connecticut

In Weston, Conn.: a three-bedroom, four-and-a-half-bath, 5,864-square-foot home with three fireplaces, a living room and dining room that have two-story windows and attractive wood ceilings, a new kitchen, a family room with a wall of windows, a primary suite that has a large bath with heated floors, a finished lower level that has a second family room, office and gym, a detached two-car garage, a heated in-ground pool with a stone patio, and a tennis court, on 5.36 acres.

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in one town, 50 offers for a house — but CT real estate bidding wars finally flattening

in one town, 50 offers for a house — but CT real estate bidding wars finally flattening

As Connecticut’s spring real estate market nears the finish line, in some towns half of the houses sold in May went to contract in five days or less — and in a few select locales, in the span of a weekend.

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denver housing market remains hot for potential sellers, experts say

denver housing market remains hot for potential sellers, experts say

Denver’s red hot housing market continues to generate record sale prices.

A new report from OJO Labs lists Denver as the second most competitive housing market out of the nation’s 50 largest metro areas. Denver saw seven in 10 homes sell for above list price in April, second only to the San Francisco Bay area.

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prices increase 9%, inventory remains historically low in hot denver housing market

prices increase 9%, inventory remains historically low in hot denver housing market

According to the Denver Metro Association of Realtors (DMAR), the average home is staying on the market for just four days. The month of March saw appreciation at a staggering 9 percent, and the average purchase price is now $705,000.

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home prices skyrocketed again in Denver and Colorado Springs in February, but people kept buying them anyway

home prices skyrocketed again in Denver and Colorado Springs in February, but people kept buying them anyway

Home prices reaching new record highs in Colorado’s two largest real estate markets is not new in the least. The last couple of years, not only are records set in the busy summer months; they’re being set in the dead of winter, when home sales typically slow.

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NY regional closed median home price for november 0.9% lower than in october

NY regional closed median home price for november 0.9% lower than in october

OneKey MLS, reporting detailed, month-over-month statistical information about residential, condo, and co-op sales transactions in the regional MLS coverage area, finds that the closed median sale price in November 2021 was less than it was in October 2021.

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suburban NYC home sales plunge because there’s nothing to buy

suburban NYC home sales plunge because there’s nothing to buy

Potential buyers are coming up empty in their search for a place-- and that’s sent contracts plunging for the fifth consecutive month in Westchester County and Long Island, according to a report Thursday by appraiser Miller Samuel Inc. and brokerage Douglas Elliman Real Estate.

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CT october home sales lag behind pandemic surge, but still above 2019, data shows

CT october home sales lag behind pandemic surge, but still above 2019, data shows

Fairfield County, which has been particularly affected by housing price hikes, saw a 35 percent drop in the number of closed sales in October — 858 — compared to the same month last year. But it also saw the largest increase in sales compared to 2019, at 23 percent.

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from summer heat to autumn chill, metro denver housing market continues to cool down

from summer heat to autumn chill, metro denver housing market continues to cool down

Both home sales and active listings in metro Denver dropped in October, with the housing market running much cooler than this time last year, according to the Denver Metro Real Estate Market Trends Report from the Denver Metro Association of Realtors.

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