While some US market segments are still struggling to recover from a slow year of purchase and sale marked by high mortgage rates – and the remaining inventory, four markets in the south and west are steaming full forward.
Atlanta, Charlotte, NC, Raleigh, NC and Dallas are all experiencing rising awards and questions at home sales, according to a new data analysis by John Burns Research & Consulting.
The usual thread that permeates these four distinct markets of real estate of the Sun. .Comâ Jones.
â € œPHOME Buyers looking for more noise for their lid, without sacrificing access to equipment and work opportunities, located in these markets, â € say Jones. “A flow of demand led to reduce home supply and climbing prices while buyers face fierce competition.”
In 2022, this fourth market saw that home inventory levels are plunged between 48% and 76% compared to pre-landmark levels between the escalating demand for housing.
“These very close inventory conditions paved the way for the sharp price rise,” Jones explains.
1. Atlanta, ga ga
The latest figures available from Realtor.com show that the average home sales price in Atlanta in November 2024 reached $ 415,000, with 7% more than year and 35.7% compared to 2019.
It is worth noting that the average home sale price in the US was $ 360,000 in November.
Home prices were significantly raised in Atlanta in 2018, and continued to climb through the Pandemic and Post-Fandemic periods, â € Jones say.
There are many reasons why people are gathering for “great peace,” Atlanta is known by love. The city of half a million people is an extraordinary economic center that offers full job opportunities in a variety of industry, from technology to health care to film production, gaining it nicknamed South Hollywood.
Moreover, Atlanta boasts gentle winters, an abundance of parks and forewords for the exterior species, a flowering arts scene for the cultured group, and a high -level restaurant cornnukopi to satisfy any palate.
2. Charlotte, nc
In Charlotte, the average home sales price in November was $ 423,500, marking an increase of 8.6% compared to the same period a year earlier “and a giant jump of just less than 60% from 2019.
According to Jones, house prices have climbed to Charlotte since 2015, but passed to Overdrive five years ago and through pandemia.
Charlotte, called the city of Icqueen, â € has a lot to recommend, from the New South Levine Museum to the science of establishing a family -friendly discovery.
Charlotte is also home to no less than three professional sports teams, including Carolina Panters, Charlotte Hornets and Mlsâ Charlotte FC, plus the Nascar fame hall.
Those who enjoy an outdoor lifestyle will not be disappointed with the National Water Water Center – boasting 1,300 hectares of the Catawba River.
3. Raleigh, nc
Located about 165 miles east of Charlotte, Raleigh, NC, has seen an influence of newcomers in recent years, making it one of the fastest growing metrotes in the US
The average home sales pricing in â € œCity of OAKSâ € in November 2024 reached $ 465,000, with 8.4% from the same period in 2023, and up to a stunning 67.7% compared to five years ago.
Rraleigh saw that rising prices meant during the pandemic, but has seen a steady price increase over the past 10 years, – say Jones.
North Carolina’s capital, Raleigh, is best known for its educational institutions, head of them North Carolina State University.
The city is also celebrated for its live music scene and viewing of performance such as Lincoln Theater, many of its museums and parks, and its thriving craftsmen and food halls.
4. Dallas, tx
With â texas, being the fastest group state in the US, it is not surprising that the average home sales price in Dallas without a rise of 7.2% from year to year, to $ 357,000.
Compared to November 2019, the average sale price in Dallas increased by 28.5%.
â € œDallas saw the pre-prior increase in steady prices, but quite low, but prices really began to be taken during the pandemia, â € according to Jones.
With a population of 1.3 million people, Dallas is the ninth most populous city in the US is also a major economic center, attracting young professionals looking for financial sector work, information technology, health care and production.
In terms of leisure, the city is painted with several world -class museums, including the sixth floor museum in Dealey Plaza dedicated to the murder of John F. Kennedy, and the Museum of Nature and Science Perot.
For gourmands, Dallas offers a diverse food scene that goes beyond its roots in Tex-Mex and Barbecue, including Tatsu Dallas with Michelin stars.
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