Q:

How do you find current MLS trends?

A:

Quick Answer

Sites such as Realtor.com and HouseHunt.com feature current market and multiple listing trends. Realtor.com provides a general analysis of housing demands and inventory, the median selling and listing prices of homes, and the current trends.

Continue Reading

Full Answer

To illustrate an example of what these websites report, in December, 2015, the real estate market followed a normal post-holiday cool down, with the median list price of a home slightly down from November of the same year. Listing inventory also trended down 8 percent during November as a result of holiday season decline. The total number of listings on Realtor.com as of 2015 was 1,631,974, down 3.6 percent from the previous year. The median list price of a home was $228,000.

Visitors to Realtor.com can access articles, information and advice about current housing trends and view a list of the five most expensive properties each week. They can also search homes that recently sold in a particular area or browse new listings with photos and descriptions.

HouseHunt.com offers real estate news, market conditions and trends for areas based on the visitor's search criteria. The site also provides a market snapshot of growth or slowdowns for the current real estate quarter. For example, the third quarter of 2015 was an impressive seller market, but the pace of increases in prices for homes slowed. There were more buyers than sellers in the market, giving sellers a clear edge.

HouseHunt.com also provides comparison charts for the market trends over several years that include the average amount of time a home is on the market, buyer activity and unsold inventory.

Learn more about Real Estate

Related Questions

Explore