The top five housing markets for buyers offer pricing and increased inventory

Er = platform “Spddoyds” = “JW-Player” Playlist = “W5xxwqya” playlistype = “dynamic” setting = “true” jwpropertyid = “xdernc08” /]

Buying for a home can be challenging, but searching for one in a real estate market that is more favorable to buyers can help relieve that pain.

Realtor.com reported on Monday that a small part of the cities were distinguished in May as the most “buyer-free”, offering a large and fully inventory of low prices.

Cities in seven different countries, all in the south or west, consisting of ten meters are that the most favorable host housing markets through the report.

According to Realtor.com, these are five of the ten most “buyer-free” areas:

Phoenix, Arizona

Phoenix, where over 1.67 million people live, is the capital of the Grand Canyon state. Of the properties the market had for sale in May, 31.3% made a price reduction, a percentage higher than any of the other cities in Top-10, through Realtor.com. The number of active lists in Phoenix posted a 23.1% jump from year to year last month.

Tampa, Florida

Homes in Tampa took 60 days to sell and demand an average price of $ 417,500. Approximately 29.9% of its lists in May had experienced a price reduction, the real estate market announced.

Denver, Colorado

The active count of the Denver list marked the largest jump from year to year, with Realtor.com dedicating it to 63.9%. Meanwhile, the percentage of sales houses that have undergone price landing was 29.4%.

Austin, Texas

Home buyers in Austin saw the average house demand $ 525,000 in May, according to the report. Realtor.com found that 29.1% of houses in the market had a discount. It serves as the capital of Texas, a state that has seen an influence of people in recent years.

Jacksonville, Florida

In May, the northeast city in Jacksonville’s Florida posted an increase of 31.2% of the active lists of a year, through Realtor.com. Approximately 28.8% of houses in the area showed a price reduction. The $ 405,000 medieval dollars that houses in the market demanded in May were beaten only by another included in Top-10 Realtor.com.

Other subway areas in Top-10 included Charleston, South Carolina; Salt Lake City, Utah; Dallas, Texas; Palm Bay, Florida; and Portland, Oregon, according to realtor.com.

Across the country, the US had over 1 million houses in May in May, a level that the US had not climbed higher since the winter of 2019, a special report released earlier during the month by the real estate market.

Mimets were reduced to 19.1% of houses set up for sale across the country last month, according to Realtor.com.

US home vendors demanded an average price of $ 440,000 in May, marking a 2% increase from the previous month and a rise of 0.1% from an action of the year.