REI
MARKET REPORT

Welcome to Real Estate IQ’s free monthly housing market report! We know it’s critical for real estate investors to have the best information available to make intelligent investing decisions. For that reason, we created our own real estate market trends!

Welcome to September’s Real Estate Market Report!

September marked the end of Q3 where high mortgage rates have put pressure on the housing market throughout the year, including some counties showing slow sales indicating affordability constraints for buyers. Additionally, homes are sitting on the market longer, causing months of inventory to rise.

Despite these challenges, 35% of homes are selling for more than their asking price due to a limited number of homes on the market according to Dr. Jessica Lautz, Deputy Chief Economist at the National Association of REALTORS.

Before we begin, if this is your first time here, in the following slides, you will find data in all the states and metro areas where Real Estate IQ is present: Texas, Florida, Georgia, and Utah. For every region, we curated and gathered information on Median Sales Price, Total Number Of Active Listings, Days on the Market, and Months of Inventory.

Furthermore, we added two types of comparisons to show you the whole picture so that you can make wiser decisions for your business. Each area includes its monthly and yearly variations. And lastly, we added statistics on our own data, the one we daily deliver to our subscribers.

Download now and find out what’s new in the housing market.


January’s Real Estate Market Trends highlights

November and December were quiet months, with slight variations in the most relevant indicators. However, the holidays made their appearance and – as expected – contributed to a decrease in the available inventory. Typically, December is a slow month, and sellers tend to hold their properties until spring. And this trend can be seen in the month-over-month variation in Nº of Active Listings. With an average drop of 13%, some of the measured areas reached higher levels – like Dallas, with 22.8% less houses on the market during December.

However, year-over-year numbers still showed that the market remains strong. For instance, in the measured areas, Median Sales Prices went up from 11.7% (in Miami – Dade, FL) to 29.7% (in Austin – Round Rock, TX). But not all hope is lost. Even though 2021 was the strongest housing market in 15 years, according to the National Association of Realtors (NAR), there are some hidden gems to keep an eye on! NAR spotted ten housing markets with “strong underlying housing market fundamentals but where home prices are still undervalued and relatively affordable.” Learn where they are and how to take advantage of them in our free real estate market trends report!

Request Our Free REI Market Report

hbspt.forms.create({
region: “na1”,
portalId: “22805130”,
formId: “42046bdb-7936-464f-87ae-d93831b32377”
});

<!--
Spin & Win
-->

<span data-metadata=""><span data-buffer="">Don’t miss our Friday Open House, starting in

Days
Hours
Minutes

<span data-metadata=""><span data-buffer="">Don’t miss our Friday Open House, starting in

Days
Hours
Minutes