Ellen Hicks

Keller Williams Town & Country

1520 Killearn Center Blvd
Tallahassee, FL


Cell: 850-294-3007   
Phone: 850-201-4663 
Fax: 850-201-4664

Housing Trends

May 2015

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National market update

Existing-Home Sales Lose Momentum in April

WASHINGTON (May 21, 2015) — Despite properties typically selling faster than at any time since July 2013, existing–home sales slowed in April but remained above an annual sales pace of five million for the second straight month, according to the National Association of Realtors®. All major regions except for the Midwest experienced sales declines in April.

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Owners Place High Value on Good Yards

Don't underestimate the importance of a beautiful yard to home owners and their neighbors. 84 percent of adults say that the quality of a home's landscape and yard would affect their decision on whether to purchase a home or not, according to a new survey of more than 2,000 adults conducted by the National Association of Landscape Professionals.

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National housing indicators

Existing home sales ()

5.04 millions units*

Existing home median price ()

$219,400

Housing Starts ()

11.35 millions units*

New home sales ()

4.81 millions units*

*Seasonally adjusted annual rate. Source: NATIONAL ASSOCIATION OF REALTORS®.

National economic indicators

Home ownership

1st Qtr 2015

+63.7%

1st Qtr 2014

+64.8%

The homeownership rate in the first quarter 2015 was 63.7 percent, down 1.1 (+/- 0.4) percentage points from the first quarter 2014 rate of 64.8 percent. The homeownership rates in the Northeast, South and West were lower than the rates in the first quarter 2014, while the rate in the Midwest was not statistically different from the rate a year ago.

New home sales

March 2015

-11.4%

February 2015

+5.6%

Sales of new single-family houses in March 2015 were at a seasonally adjusted annual rate of 481,000. This is 11.4 percent (+/- 18.6%)* below the revised February 2015 estimate of 543,000.

Source: U.S. CENSUS BUREAU

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Regional market updates

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Click on the links below to view data from two different industry sources. Choose information on local prices & state sales from any of 178 metropolitan housing markets prepared by the National Association of REALTORS® or information on sales & price activity from local area markets in 25 states prepared by Clarus MarketMetrics.

Ellen Hicks

It's Spring 2013! And the weather still feels like the end of winter! Brrrr! BUT, the Selling Market has Picked up, Heated up and is heading for a Blaze! Affordable housing is on Fire! I need listings! This is the Best time to List your home and perhaps have multiple offers! Do you know what multiple offers means to the Sellers?

It's the best time to Sell your home! Everyone wants to buy before school starts! School starts in Leon County August 22, 2011! Don't miss out! Call me today! 850-294-3007 or ellen@ellenhicks.com Read more

We are deep into Spring and around the corner from Summer! I have noticed that the Buyers are out and finding fantastic homes! If your home is Clean! Fresh! Painted! Staged (meaning de-cluttered)! and Priced to Sell then you have a chance for Success! Read more

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Existing Home Statistics

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