Realtor.com Weekly Data: Inventory Up 8.3% in Week Ending Nov. 7, Median List Price Slips Below $410,000
Realtor.com's weekly housing trends report, released November 12, shows that in the week ending November 7, the number of homes actively for sale nationwide rose 8.3 percent from a year earlier, while newly listed homes fell 10.3 percent year over year, a sign that seller activity is cooling further into the seasonal slowdown.
On pricing, the national median list price fell 1.2 percent from a year ago to just below $410,000; Realtor.com notes the median list price has now declined year over year for 43 consecutive weeks. The typical home spent a median 65 days on the market, one day longer than a year earlier. Year to date, inventory is up 5.0 percent.
Realtor.com publishes weekly national data on inventory, new listings, list prices and time on market. Analysts say the inventory build is being driven mainly by homes sitting longer rather than a surge of new listings, as buyers stay cautious at current mortgage rates and sellers hold off listing in the winter off-season.
(Source: Realtor.com)
Published by GSM · USA (original Chinese edition)
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