Real Estate Facts
Key Housing Market Stats
The median home-sale price in the U.S. as of January 2025 was $396,900, according to NAR. That’s an increase of 4.8 percent from January of last year and marks the 19th consecutive month for year-over-year price increases.Median Sold Price for Brooklyn January 2025
Based on all homes sold in the last 12 months, the median sold price for Brooklyn is $987,395. The average price per Sqft. is $714. That equates to +$35,307 which is up +3.7%. RocketMore Real Estate Facts from 2024
Home prices in September 2024, the median home sale price was $404,500, which is the highest September median on record. However, the National Association of Realtors (NAR) predicts that median home prices will remain largely unchanged in 202...EXISTING HOME SALES
In November 2024, existing-home sales rose to a seasonally adjusted rate of 4.15 million, the swiftest pace since March (4.22 million). Sales accelerated 6.1% from one year ago, the largest year-over-year gain since June 2021 (+23%).NARReal Estate Facts
92% of all mortgages in 2021 were fixed-rate. (National Association of Realtors)Real Estate Facts
In 2020, 96% of home buyers had their mortgage application approved. (National Association of Realtors)
Blog Post for Sellers
Signs that Now is the Time to Sell Your Home There are many reasons why it may be time to sell your home. You may need more space to make room for a growing family or you need to downsize after your kids leave the nest. Whatever your motivatio...