Multiple listing service

Miami Total Home Sales Priced Between $600K to $1M Soar

Retrieved on: 
Thursday, September 21, 2023

MIAMI, Sept. 21, 2023 /PRNewswire-PRWeb/ -- Miami-Dade County total home sales priced between $600K to $1M jumped double digits year-over-year, according to August 2023 statistics released by the MIAMI Association of Realtors (MIAMI) and the Multiple Listing Service (MLS) system.

Key Points: 
  • MIAMI, Sept. 21, 2023 /PRNewswire-PRWeb/ -- Miami-Dade County total home sales priced between $600K to $1M jumped double digits year-over-year, according to August 2023 statistics released by the MIAMI Association of Realtors (MIAMI) and the Multiple Listing Service (MLS) system.
  • Miami August 2023 total home sales are down 8.3% year-over-year in comparison to pre-pandemic August 2019.
  • Short sales and REOs accounted for 0.3% and 0.9% year-over-year, respectively, of total Miami sales in August 2023.
  • Cash sales represented 40.3% of Miami closed sales in August 2023, compared to 39.7% in August 2022.

New York Residential Closed Median Sale Price and Closed Transactions Tick Upward in August

Retrieved on: 
Thursday, September 21, 2023

FARMINGDALE, N.Y., Sept. 21, 2023 /PRNewswire/ -- OneKey® MLS is the one source real estate marketplace for monthly statistics for residential real estate transactions from Montauk to Manhattan, north through the Hudson Valley and the Catskill Mountains. For August 2023, OneKey MLS reported a regional closed median sale price of $635,000, a 0.80% increase as compared to the $630,000 reported in July 2023. In a year-over-year comparison, the closed median sale price increased 2.40% from the $620,000 reported in August 2022. Between July 2023 and August 2023, closed regional sales transactions, including residential, condo, and co-op sales, increased to 5,243 from 4,383, representing a month-over-month increase of 19.60%. Across the region, pending sales transactions increased by 6.20% in a month-over-month comparison, reportedly 4,848 in August 2023 as compared to 4,566 in July 2023.

Key Points: 
  • For August 2023, OneKey MLS reported a regional closed median sale price of $635,000, a 0.80% increase as compared to the $630,000 reported in July 2023.
  • In a year-over-year comparison, the closed median sale price increased 2.40% from the $620,000 reported in August 2022.
  • Five of nine counties reported an increased closed median sale price in a month-over-month comparison, while four counties reported a decreased median sale price.
  • Sullivan (+23.20%), Bronx (+15.20 %), Suffolk (+2.60 %), Rockland (+0.80%), and Nassau (+0.70%) Counties reported month-over-month increases in closed median sale price.

MIAMI Realtors SEFMLS and BeachesMLS Announce Joint Launch of Nestfully, The Leading Consumer Home Listing Portal in South Florida

Retrieved on: 
Thursday, September 14, 2023

MIAMI, Sept. 14, 2023 /PRNewswire-PRWeb/ -- South Florida's two largest Multiple Listing Services are now providing complete listing data to Nestfully, the leading consumer home listing portal developed and run by the residential real estate industry. MIAMI REALTORS® SEFMLS and Broward, Palm Beaches & St. Lucie REALTORS®/BeachesMLS' partnership means consumers can now search all South Florida properties on a leading portal with no ads and a seamless connection to local agents.

Key Points: 
  • MIAMI REALTORS® SEFMLS and Broward, Palm Beaches & St. Lucie REALTORS®/BeachesMLS' partnership means consumers can now search all South Florida properties on a leading portal with no ads and a seamless connection to local agents.
  • MIAMI REALTORS® SEFMLS and BeachesMLS' addition means Nestfully is now powered by five of the top MLSs in the nation.
  • "MIAMI Realtors is thrilled to partner with BeachesMLS to launch the leading consumer-facing listing portal for the entire South Florida real estate market," MIAMI REALTORS® CEO Teresa King Kinney said.
  • "South Florida homebuyers and sellers will now have the freshest and most accurate listing information directly from the MIAMI SEFMLS and BeachesMLS.

AirDNA Unveils Revolutionary Transformation with Free Access to Global Short-Term Rental Data and Intuitive New Product Design

Retrieved on: 
Thursday, September 7, 2023

DENVER, Sept. 7, 2023 /PRNewswire/ -- AirDNA , the leading provider of short-term rental (STR) data and analytics, today launches the most significant product update in its history.

Key Points: 
  • DENVER, Sept. 7, 2023 /PRNewswire/ -- AirDNA , the leading provider of short-term rental (STR) data and analytics, today launches the most significant product update in its history.
  • The reimagined interface enables everyone to explore the globe for free and drill down into details to find the best STR investments.
  • With these changes and enhanced access to the sector's most comprehensive data, AirDNA users reinforce their position at the helm of the $169.5 billion industry.
  • Whether you're an existing member of the AirDNA community or curious about joining, these updates will revolutionize your hosting or investment journey."

RESIDES CEO COLETTE STEVENSON TO BE HONORED AS RISMEDIA NEWSMAKER IN WASHINGTON DC

Retrieved on: 
Wednesday, September 6, 2023

HILTON HEAD ISLAND, S.C., Sept. 6, 2023 /PRNewswire/ -- REsides, the first and only multiple listing service (MLS) to launch a revolutionary equity-ownership model for its members, announced today that Colette Stevenson, CEO, will join real estate industry leaders for the RISMedia 2023 CEO & Leadership Exchange. Leaders will share perspectives, trends and forward-looking views on key topics that include the state of the economy, current housing policy and staying current in an evolving real estate market. The conference is scheduled from September 5-7 at The Mayflower Hotel in Washington, DC. 

Key Points: 
  • The conference is scheduled from September 5-7 at The Mayflower Hotel in Washington, DC.
  • Stevenson will be honored as a 2023 RISMedia Newsmaker in the Futurist category.
  • Stevenson seized the opportunity to shift the focus and reward brokers for the strategic value of their listing data.
  • In 2017, Stevenson founded the INDIE MLS forum in an effort to focus on the advantages of an Independent MLS.

Fraser Valley real estate sales dip in August; prices hold steady

Retrieved on: 
Tuesday, September 5, 2023

The Fraser Valley Real Estate Board recorded 1,273 sales on its Multiple Listing Service (MLS®) in August 2023, a decrease of 6.9 per cent compared to July.

Key Points: 
  • The Fraser Valley Real Estate Board recorded 1,273 sales on its Multiple Listing Service (MLS®) in August 2023, a decrease of 6.9 per cent compared to July.
  • “Many buyers are in “watchful waiting” mode as they hold off on decisions in anticipation of potential further rate changes,” said Narinder Bains, Chair of the Fraser Valley Real Estate Board.
  • Benchmark prices in the Fraser Valley, remained relatively unchanged compared to last month with gains of less than one per cent across all property types.
  • The Fraser Valley Real Estate Board is an association of 5,105 real estate professionals who live and work in the BC communities of Abbotsford, Langley, Mission, North Delta, Surrey, and White Rock.

Miami Home Prices, Household Income Continue to Rise with Wealth Migration; More Inventory Needed for High-Demand Market

Retrieved on: 
Tuesday, August 22, 2023

MIAMI, Aug. 22, 2023 /PRNewswire-PRWeb/ -- Miami-Dade single-family pending sales and total South Florida showing appointments increased year-over-year, according to July 2023 statistics released by the MIAMI Association of Realtors (MIAMI) and the Multiple Listing Service (MLS) system.

Key Points: 
  • "Even with mortgage rates at 20-year highs, Miami real estate continues to show rising single-family pending sales and increasing condo luxury sales," MIAMI Chairman Ines Hegedus Garcia said.
  • Most of the homes purchased in July 2023 came to terms in June when mortgage rates peaked at 6.71%.
  • Even with the elevated rates, Miami-Dade single-family pending sales rose for the second consecutive month, increasing year-over-year from 1,016 to 1,032 transactions.
  • Miami single-family median prices have risen for 140 consecutive months (11.7 years), the longest running-streak on record.

Texas new home market remains “healthy”

Retrieved on: 
Monday, August 21, 2023

In Texas' top four markets, last month's 3-month moving average new home price was $462,363 versus $462,307 in June.

Key Points: 
  • In Texas' top four markets, last month's 3-month moving average new home price was $462,363 versus $462,307 in June.
  • Caballero points out that new homes have significantly higher Days on Market or DOM than existing homes because most are listed while under construction.
  • The 3-month moving average for active listings in Texas' top four markets last month was 26,662 new homes versus 26,324 in June.
  • ( See Chart 4: Texas Sales-to-List Price Ratio )
    Based on local MLS data, pending new home sales decreased in all four Texas major markets last month.

Between June and July, New York Residential Closed Median Sale Price Increases by 3.40%

Retrieved on: 
Friday, August 18, 2023

FARMINGDALE, N.Y., Aug. 18, 2023 /PRNewswire/ -- OneKey® MLS is the one source real estate marketplace for monthly statistics for residential real estate transactions from Montauk to Manhattan, north through the Hudson Valley and the Catskill Mountains. For July 2023, OneKey MLS reported a regional closed median sale price of $633,000, a 3.40% increase as compared to the $612,000 reported in June 2023. In a year-over-year comparison, the closed median sale price rose slightly as well, increasing 2.10% from the $620,000 reported in July 2022. Between June 2023 and July 2023, closed regional sales transactions, including residential, condo, and co-op sales, decreased to 4,288 from 4,899, representing a month-over-month decrease of 26.00%. Across the region, pending sales transactions decreased in a month-over-month comparison, reportedly 4,642 in July 2023 as compared to the reported 5,313 in June 2023.

Key Points: 
  • For July 2023, OneKey MLS reported a regional closed median sale price of $633,000, a 3.40% increase as compared to the $612,000 reported in June 2023.
  • In a year-over-year comparison, the closed median sale price rose slightly as well, increasing 2.10% from the $620,000 reported in July 2022.
  • Seven of nine counties reported an increased closed median sale price in a month-over-month comparison, while two counties reported a decreased median sale price.
  • Putnam (+7.70%), Queens (+6.30 %), Nassau (+4.30 %), Westchester (+4.30%), Orange (+2.10%), Rockland (+2.10%), and Suffolk (+1.80%) Counties reported month-over-month increases in closed median sale price.

OneKey® MLS and Sullivan County Board of REALTORS® Strengthen Partnership

Retrieved on: 
Monday, August 14, 2023

FARMINGDALE, N.Y., Aug. 14, 2023 /PRNewswire/ -- OneKey® MLS is pleased to announce an agreement to continue our partnership with the Sullivan County Board of REALTORS®, which will provide more opportunities for members to grow their businesses. In addition to serving as SCBR's Multiple Listing Service, OneKey MLS will be a strong supporter and premier sponsor for SCBR's initiatives and events.

Key Points: 
  • FARMINGDALE, N.Y., Aug. 14, 2023 /PRNewswire/ -- OneKey® MLS is pleased to announce an agreement to continue our partnership with the Sullivan County Board of REALTORS®, which will provide more opportunities for members to grow their businesses.
  • In addition to serving as SCBR's Multiple Listing Service, OneKey MLS will be a strong supporter and premier sponsor for SCBR's initiatives and events.
  • In the spirit of cooperation, OneKey MLS will continue to focus on the synergies that have existed between the two organizations.
  • Sullivan County is the northern-most part of the OneKey MLS's footprint, adjacent to Ulster, Delaware, and Orange Counties.