The May 2016
closed median home price for Long Island, which includes Nassau, Suffolk, and Queens's housing data, was $ 397,500 representing a 3.8 % increase over last year.
Queens reported
a closed median home price of $ 529,000, representing an increase of 10.7 % over $ 478,000 reported in July 2016
Queens reported
a closed median home price of $ 451,500, which represents a double digit gain of 11.5 % over last year.
Nassau County reported a $ 470,000
closed median home price in August, representing a slight increase over $ 468,500 reported by MLSLI last year.
Queens reported
a closed median home price of $ 529,000, representing an increase of 10.7 % over $ 478,000 reported in July 2016 Call us at 516-575-7500 and find out what your home is worth!
Not exact matches
But the
median price of single - family
homes for sale in Monrovia is currently
closer to $ 650,000.
Among
homes valued at $ 5 million or more, Trulia says the
median price is
close to $ 7.4 million and comes with 5,663 square feet of living space on nearly an acre of land.
It's also
close to the
median home price in San Diego.
The
median price for a new
home contracted (signing of contract, not actually
closing) was $ 326,800 while the average
price of a new
home last month posted at $ 376,700.
On the
median existing
home priced at $ 208,300 in 2014, the
closing costs could range from $ 4,000 to $ 12,500.
In an attempt to give a general answer to the question of real estate affordability in the United States, the National Association of Realtors (NAR) puts together a monthly report that uses
median income,
median home price, mortgage rates, and
closing cost.
The answer, usually, is that they recently had a child, and that they were about to
close on a house somewhere on the SF Peninsula where the
median home price is over $ 1Million.
The
median existing single - family
home price increased in 73 percent of measured markets, with 125 out of 172 metropolitan statistical areas (MSAs) showing gains based on
closings in the third quarter compared with the third quarter of 2013.
The national
median existing -
home price is
close to $ 170,000.
The main drivers in our model include current
median home prices and effective rents, mortgage rates, insurance costs, maintenance costs, taxes, and opportunity costs of committed capital such as down payment and
closing costs.
«For the year, the
median down payment for loans secured by single - family
homes and condos was 6 percent of the
median sales
price nationwide, the lowest down payment percentage since 2012, but still
close to twice the 3.3 percent in 2006 during the last housing boom.»
Upon reviewing the report, NABOR ® President and Broker Associate with Berkshire Hathaway
Home Services Florida Realty Rick Fioretti said, «a quick analysis of
price behavior since December of 2015 shows
median closed prices leveled out.»
CATEGORIES 2016 2015 CHANGE Total
homes under contract (pending sales) 8,903 10,366 -14 % Total
closed sales 8,510 9,751 -13 %
Median closed price (month / month) $ 320,000 $ 308,000 4 % Total active listings (inventory) 5,946 4,426 34 % Average days on market 89 78 14 % Single - family closed sales 4,268 4,640 -8 % Single - family median closed price (month / month) $ 400,000 $ 385,000 4 % Single - family inventory 3,015 2,434 24 % Condominium closed sales 4,242 5,111 -17 % Condominium median closed price (month / month) $ 253,000 $ 250,000 1 % Condominium inventory 2,931 1,99
Median closed price (month / month) $ 320,000 $ 308,000 4 % Total active listings (inventory) 5,946 4,426 34 % Average days on market 89 78 14 % Single - family
closed sales 4,268 4,640 -8 % Single - family
median closed price (month / month) $ 400,000 $ 385,000 4 % Single - family inventory 3,015 2,434 24 % Condominium closed sales 4,242 5,111 -17 % Condominium median closed price (month / month) $ 253,000 $ 250,000 1 % Condominium inventory 2,931 1,99
median closed price (month / month) $ 400,000 $ 385,000 4 % Single - family inventory 3,015 2,434 24 % Condominium
closed sales 4,242 5,111 -17 % Condominium
median closed price (month / month) $ 253,000 $ 250,000 1 % Condominium inventory 2,931 1,99
median closed price (month / month) $ 253,000 $ 250,000 1 % Condominium inventory 2,931 1,992 47 %
Interestingly, the
median closed price for condominiums in the $ 2 million and above
price category dropped 42 percent in October to $ 2,545,000, while the
median closed price for single - family
homes in the same
price category increased 22 percent to $ 2,237,000.
Interestingly, the
median closed price for single - family
homes decreased 5 percent to $ 402,000 in February 2017 from $ 425,000 in February 2016.
And while the overall
median closed price for
homes above $ 300,000 increased 8 percent to $ 590,000 in May 2017 from $ 547,000 in May 2016, the overall
median closed price for this top reported
price category decreased 8 percent to $ 2,950,000 in May 2017 from $ 3,220,000 in May 2016.
Naples, Fla. (October 20, 2016)-- The Naples Area Board of REALTORS ® (NABOR ®) released its Third Quarter 2016 Market Report, which tracks
home listings and sales within Collier County (excluding Marco Island), and it showed overall inventory increased 40 percent with little change in
median closed prices.
CATEGORIES September 2016 September 2015 CHANGE Total
homes under contract (pending sales) 661 749 -12 % Total
closed sales 566 703 -19 %
Median closed price $ 318,000 $ 310,000 3 % Total active listings (inventory) 5,044 3,606 40 % Average days on market 92 79 16 % Single - family closed sales 301 381 -21 % Single - family median closed price $ 378,000 $ 375,000 1 % Single - family inventory 2,669 2,049 30 % Condominium closed sales 265 322 -18 % Condominium median closed price $ 245,000 $ 235,000 4 % Condominium inventory 2,375 1,55
Median closed price $ 318,000 $ 310,000 3 % Total active listings (inventory) 5,044 3,606 40 % Average days on market 92 79 16 % Single - family
closed sales 301 381 -21 % Single - family
median closed price $ 378,000 $ 375,000 1 % Single - family inventory 2,669 2,049 30 % Condominium closed sales 265 322 -18 % Condominium median closed price $ 245,000 $ 235,000 4 % Condominium inventory 2,375 1,55
median closed price $ 378,000 $ 375,000 1 % Single - family inventory 2,669 2,049 30 % Condominium
closed sales 265 322 -18 % Condominium
median closed price $ 245,000 $ 235,000 4 % Condominium inventory 2,375 1,55
median closed price $ 245,000 $ 235,000 4 % Condominium inventory 2,375 1,557 53 %
In fact,
homes in the $ 500,000 to $ 1 million
price category experienced only a 3 percent decrease in their overall
median closed price to $ 650,000 in year ending 2016 from $ 667,000 in year ending 2015.
According to Realtor.com, the
median list
price of
homes currently on the market sits at $ 887,000, with the
median closing price at $ 875,000.
In January 2007 the
median house
price of Detroit was $ US76, 000 ($ 99,000) but in the 10 years since the GFC and
closing down of major manufacturers in the city has seen
home values fall off a cliff.
As far as
pricing, there is not enough data yet in 2018 to make any determination of trends although pending sales reflect a lower segment of the market selling and that may reflect a lower
median sales
price when these
homes close in a month or two.
The
median closed sale
price continues to see a 15 % improvement from 2016 when the
median price of residential
home sales was $ 204,000.
As far as
pricing, there is not enough data yet in 2018 to make any determination of trends although the pending sales
median listed
price of $ 199,000, may reflect a lower
median sales
price when these
homes close in a month or two.
In August, Thurston County saw
closed home sales up more than 25 percent over last year, with a
median price of $ 287,450.
As far as
pricing, Ledyard continues to see a positive real estate market as the
median closed sale
price has improved by over 10 % from 2016 when the
median price of residential
home sales was $ 204,000.
Sellers have been seeing the sales
prices of their
homes close to list
price, with the
median sales
price at 98 percent of the listing
price.
Regional Spotlight —
Closed sales, pending sales,
median prices and average
prices rose in Florida's housing market in November, while the inventory of
homes and condos for sale shrunk, according to the latest housing data released by Florida REALTORS ®.
Contract
closings climbed 1.1 percent to a 5.57 million annual rate (forecast was 5.48 million), the most since February 2007 Sales increased 1.9 percent from June 2015 before seasonal adjustment
Median price of an existing
home rose 4.8 percent from June 2015 to $ 247,700 Inventory of available properties dropped 5.8 percent from a year earlier to 2.12 million units, the lowest for a June since 2001
While there were more sales
closed in December, the
median price of an existing, single - family detached California
home also rose by a historic margin.
The company is on track to
close $ 15 million in sales this year, in a market with a
median home price of about $ 110,000, says Claudia.
The study, released this month, measured the
median price of
homes in towns relative to
prices in other beach towns, as well as the
home prices that weren't too
close to their housing - bubble peaks.