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Mid-Atlantic Home Sales Up Despite Fewer Listings, Higher Prices

Mid-Atlantic Home Sales Up Despite Fewer Listings, Higher Prices

by Phil Hall | Dec 12, 2024 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Home sales activity was on the rise across the Mid-Atlantic region in November, according to new data from Bright MLS. Across the Bright MLS service area, there was a 5.7% year-over-year increase in the number of homes for sale. This marked the third consecutive month...
Pending Sales Up in Mid-Atlantic Region

Pending Sales Up in Mid-Atlantic Region

by Phil Hall | Oct 10, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 19,945 new pending sales were recorded during September in the Mid-Atlantic region covered by Bright MLS, up 10.3% from year ago. The increase in pending sales was fueled by a regional housing inventory that has been increasing for eight consecutive months....
Pending Sales Up in Mid-Atlantic Region

Active Listings Expand, Median Home Prices Up in Mid-Atlantic Region

by Phil Hall | Sep 11, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The number of active listings in the Mid-Atlantic region totaled 37,340 at the end of August, up 21.4% year-over-year, according to new data from Bright MLS. This represented a 2.06-month supply regionwide. Sales activity last month was more robust in the Mid-Atlantic...
New Listing Activity Percolates Across Mid-Atlantic Region

New Listing Activity Percolates Across Mid-Atlantic Region

by Phil Hall | Aug 12, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

New listing activity in the Mid-Atlantic region is up 5.5% year-to-date, with active listings at the end of July up 24.7% year-over-year, according to new data from Bright MLS. The median sold price in the Bright MLS service area in July was $420,000, up 5%...
Home Sales Decline Across Mid-Atlantic Region

Home Sales Decline Across Mid-Atlantic Region

by Phil Hall | Jul 10, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Home sales across the Mid-Atlantic region totaled 20,552 transactions in June, according to new data from Bright MLS. This represents a 3.2% decline from the previous month and a 10.4% drop from one year ago. Although fewer homes were being sold, more properties were...
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