WEEKLY MARKET UPDATE
18 May 2024
𝐌𝐚𝐧𝐡𝐚𝐭𝐭𝐚𝐧 𝐖𝐞𝐞𝐤𝐥𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐔𝐩𝐝𝐚𝐭𝐞 – New – 30 day contract signed, gives another interesting stat, a running tally of what the month will look like. Price reductions are starting to take center stage in their number as are luxury contracts signed.
| Luxury contract signed over 3.5M | : | 41 | |
| Overall contract signed | : | 248 | |
| New listing inventory | : | 524 | |
| Overall inventory | : | 7,408 | |
| Market pulse | : | -2.7 | |
| Days on market | : | 83 | |
| Price reductions | : | 428 |
𝐈𝐟 𝐲𝐨𝐮 𝐡𝐚𝐯𝐞 𝐚𝐧𝐲 𝐪𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬 𝐨𝐫 𝐰𝐨𝐮𝐥𝐝 𝐥𝐢𝐤𝐞 𝐚 𝐇𝐨𝐦𝐞 𝐄𝐯𝐚𝐥𝐮𝐚𝐭𝐢𝐨𝐧 𝐑𝐞𝐩𝐨𝐫𝐭 𝐩𝐥𝐞𝐚𝐬𝐞 𝐜𝐨𝐧𝐭𝐚𝐜𝐭 𝐦𝐞.
WEEKLY MARKET UPDATE
11 May 2024
𝐌𝐚𝐧𝐡𝐚𝐭𝐭𝐚𝐧 𝐖𝐞𝐞𝐤𝐥𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐔𝐩𝐝𝐚𝐭𝐞 - Best week in a while!! Luxury contracts are helping the market, and this week overall contracts were good also. Inventory is climbing as are price reductions. The market is hopefully starting to ‘unfreeze’!
| Luxury contract signed over 3.5M | : | 42 | |
| Overall contract signed | : | 260 | |
| New listing inventory | : | 449 | |
| Overall inventory | : | 7,323 | |
| Market pulse | : | -1.65 | |
| Days on market | : | 87 | |
| Price reductions | : | 393 |
𝐈𝐟 𝐲𝐨𝐮 𝐡𝐚𝐯𝐞 𝐚𝐧𝐲 𝐪𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬 𝐨𝐫 𝐰𝐨𝐮𝐥𝐝 𝐥𝐢𝐤𝐞 𝐚 𝐇𝐨𝐦𝐞 𝐄𝐯𝐚𝐥𝐮𝐚𝐭𝐢𝐨𝐧 𝐑𝐞𝐩𝐨𝐫𝐭 𝐩𝐥𝐞𝐚𝐬𝐞 𝐜𝐨𝐧𝐭𝐚𝐜𝐭 𝐦𝐞.
WEEKLY MARKET UPDATE
04 May 2024
𝐌𝐚𝐧𝐡𝐚𝐭𝐭𝐚𝐧 𝐖𝐞𝐞𝐤𝐥𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐔𝐩𝐝𝐚𝐭𝐞 - Still in Spring Market but contracts signed moving sideways inventory moving up as it does in the Spring. Price reductions were significant and are having an impact on the market.
| Luxury contract signed over 3.5M | : | 31 | |
| Overall contract signed | : | 224 | |
| New listing inventory | : | 588 | |
| Overall inventory | : | 7,169 | |
| Market pulse | : | -1.04 | |
| Days on market | : | 92 | |
| Price reductions | : | 479 |
𝐈𝐟 𝐲𝐨𝐮 𝐡𝐚𝐯𝐞 𝐚𝐧𝐲 𝐪𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬 𝐨𝐫 𝐰𝐨𝐮𝐥𝐝 𝐥𝐢𝐤𝐞 𝐚 𝐇𝐨𝐦𝐞 𝐄𝐯𝐚𝐥𝐮𝐚𝐭𝐢𝐨𝐧 𝐑𝐞𝐩𝐨𝐫𝐭 𝐩𝐥𝐞𝐚𝐬𝐞 𝐜𝐨𝐧𝐭𝐚𝐜𝐭 𝐦𝐞.
Julian is in the top 8% of brokers nationwide, which demonstrates his exceptional skills and knowledge. With over 20 years in the business, and 200 apartments sold, Julian has a wealth of experience and knowledge to offer his clients. Contact him today so he can guide you through the buying and selling process.
