If you’re buying a home this fall, you’ll be happy to hear that more new listings are hitting the market across many U.S. cities. New listings, of course, mean more options to choose from.
According to the latest RE/MAX National Housing Report for August 2024, newly listed homes for sale throughout the country were up 1.6% from July 2024 and up 7.9% from August 2023. This intel was aggregated from the data of 49 metro areas.
Take a closer look at five markets – from coast to coast – where new listings saw the biggest annual spikes.
Phoenix, Arizona
Increase in New Listings over August 2023: 25%
Median Price of Homes Sold: $449,500
Average Days on Market: 59
San Diego, California
Increase in New Listings over August 2023: 24.4%
Median Price of Homes Sold: $873,000
Average Days on Market: 32
Dover, Delaware
Increase in New Listings over August 2023: 22.8%
Median Price of Homes Sold: $340,000
Average Days on Market: 18
Las Vegas, Nevada
Increase in New Listings over August 2023: 20.4%
Median Price of Homes Sold: $439,000
Average Days on Market: 37
Houston, Texas
Increase in New Listings over August 2023: 18.6%
Median Price of Homes Sold: $335,670
Average Days on Market: 45
To learn more about current market conditions heading into fall, check out the most recent National Housing Report coverage on RE/MAX News.
If you’re ready to make a move, get in touch with a local RE/MAX agent today.
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