October 2024
Quick Facts - 5.8 % + 3.8
Monthly Indicators
October 2024
U . S . existing-home sales unexpectedly slipped 1.0 % month-over-month and 3.5 % year-over-year to a seasonally adjusted annual rate of 3.84 million , the lowest level in more than a decade , according to the National Association of REALTORS ® ( NAR ). Prospective buyers have pulled back in recent months , despite lower mortgage rates and more home choices compared to the same time last year .
New Listings were up 3.3 percent to 592 . Pending Sales increased 22.0 percent to 427 . Inventory grew 24.9 percent to 1,732 units .
Prices moved higher as Median Sales Price was up 3.8 percent to $ 545,000 . Days on Market increased 6.9 percent to 155 days . Months Supply of Inventory was up 25.0 percent to 4.0 months .
There were 1.39 million homes for sale heading into October , a 1.5 % increase from the previous month and a 23 % increase from the same period last year , for a 4.3- month supply at the current sales pace , according to NAR . Even with improving supply and the slower sales pace , home prices have continued to rise nationwide , with NAR reporting a median existing-home price of $ 404,500 as of last measure , a 3 % increase from one year ago .
Quick Facts - 5.8 % + 3.8
One-Year Change in Closed Sales
One-Year Cha Median Sales
A research tool provided by the Hilton Hea Percent changes are calculated using roun
Market Overview New Listings Pending Sales Closed Sales Days on Market Until Sale Median Sales Price Average Sales Price Percent of List Price Received Housing Affordability Index Inventory of Homes for Sale Months Supply of Inventory
Current as of November 10 , 2024 . Data © 2024 REsides , INC . All Rights Reserved . | Sponsored by South Caro