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Real Estate Market Report Template EDITABLE | Editable Market Updates • Market Report Flyer | Canva – Instant access to Canvas
Real Estate Market Update Report
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National Real Estate Market Update 2023
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New listings fell 27.2 percent for single-family homes, but were flat for condominium properties. Pending sales fell 19.7 percent for single-family homes, but rose 34.4 percent for condominium properties. Inventory fell 40.7 percent for single-family homes and 48.6 percent for condominium properties.
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Median sales prices increased 21.8% to $432,250 for single-family homes and 26.4% to $350,000 for condominium properties. Days on market decreased by 41.7 percent for single-family homes and 48.9 percent for condominium properties. Month-to-month inventory levels fell 30.8 percent for single-family homes and 45.5 percent for condominium properties. Affordability challenges are limiting buying activity, and early signs suggest competition for homes may be easing a bit.
Nationwide, existing home sales fell 2.7 percent from the last measurement, while pending sales fell 1.2 percent, marking the fifth straight month of contract declines, according to the National Association of Realtors.
. Inventory remains low, with supply currently available for only 2 months, and home prices continue to rise, with the median existing homes at $373,500, up 15% from this time last year. However, homes are still selling quickly and multiple offers are common in many markets. Content marketing is evolving every day. New trends in content creation and promotion emerge regularly. However, one piece of content that has always been (and will continue to be) a staple for agents is real estate reports.
The reason? There are countless topics, statistics, news, trends, and updates you can cover in your real estate report that will be of interest to your audience.
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But the key is to make these reports not only comprehensive and educational, but also beautiful and even entertaining.
Find the most appropriate topic for your real estate marketing report, learn how to make it attractive and easy to read, and see examples of expert reports from various agencies and companies below.
The great thing about developing real estate reports for buyers and sellers is that there is no shortage of directions you can take. Here are several types of reports you can create, download to your website, and use to generate real estate leads.
Whether local housing conditions are tough or booming, sharing home prices, sales, and other important statistics in your reports can better inform your audience. Add your own perspective on the numbers — such as recommending neighborhoods that shoppers should visit or when you think the market may develop — to show that you are knowledgeable about the communities you serve.
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Where you can find the data depends on the size of your real estate market. If you operate in a large city, chances are there are statistics from major housing reports such as those published by the National Association of Realtors, CoreLogic, and RealtyTrac. If you work primarily in a smaller market, the best thing you can do is contact your local government for public housing records.
You can’t go wrong if you take advantage of what is usually the main reason real estate website visitors visit your site: viewing listings in local marketplaces.
Whether you’re lucky enough to land a deal or not, they highlight some of the most interesting and eye-catching properties for sale in your market. Potential house
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