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 2017

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National market update

Existing-Home Sales Jumped 4.4% in March

WASHINGTON (April 21, 2017) — Existing-home sales took off in March to their highest pace in over 10 years, and severe supply shortages resulted in the typical home coming off the market significantly faster than in February and a year ago, according to the National Association of Realtors®. Only the West saw a decline in sales activity in March.



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First-Time Home Buyers by the Numbers: Are Your Habits Normal or Not?

If the plans of home shoppers on realtor.com® bear fruit, 52% will be buying their first home in 2017—a huge shift upward from a mere 33% in 2016. Could you be one of them this year, finally settling into a place that's all yours?



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National housing indicators

Existing home sales (March)

5.71 millions units*

Existing home median price (March)

$236,400

Housing Starts (March)

1.215 millions units*

New home sales (February)

0.592 millions units*

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

National economic indicators

Home ownership

1st Quarter 2017

63.5%

1st Quarter 2016

63.6%

The homeownership rate of 63.6 percent was not statistically different from the rate in the first quarter 2016 (63.5 percent) or the rate in the fourth quarter 2016 (63.7 percent).

New home sales

Feb 2017

+6.1%

March 2017

+5.8%

Sales of new single-family houses in March 2017 were at a seasonally adjusted annual rate of 621,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 5.8 percent (±15.5 percent)* above the revised February rate of 587,000 and is 15.6 percent (±15.0 percent) above the March 2016 estimate of 537,000.

Source: U.S. CENSUS BUREAU

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Regional market updates

View market statistics for your region.

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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Disclaimer: The views, opinions, statements and/or ideas expressed in this Message Section do not reflect the ideas, policy, position, views or opinion of Move,Inc.

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Existing Home Statistics

View statistics based on national data, regional data and data gathered from 159 cities & metropolitan areas.