One of the most widely used methods real estate professionals use to determine the value of a home is the sales comparison approach. The sales comparison approach, also known as the market data approach, estimates a property’s value by comparing it to similar properties that have recently sold in the same area. Think of it like this: if you want to know what your car is worth, you’d look at what...
If your house is on the market but you haven’t gotten any offers you’re comfortable with, you may be wondering: what do I do if it doesn’t...
Experts say homeowners are avoiding costly projects given the state of the economy. Should you follow...
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St. Louis’s housing market is heating up, with a median sale price of $247,250, rising 9.4% year-over-year. Homes here sell quickly, often in under three weeks, making it a very competitive market with a Redfin Compete Score of 79. Buyers will find a mix of historic brick homes, charming bungalows, and modern builds across the region. Sellers benefit from fast-moving inventory, as demand continues to...
West Palm Beach is running cooler right now. The market is not very competitive, with homes receiving about 2 offers and taking roughly 101 days to sell. The median sale price is $423,000 (up 0.6% year over year), and the median price per square foot is $274 (down 1.3% YoY). In July 2025, 144 homes sold (down from 177 last year). On average, homes sell for about 6% below list price, while hot homes can go...
With the housing market more competitive than ever, more and more buyers are feeling the pressure to make their offer stand out. One tactic is waiving the home inspection contingency. While this move can make your offer more attractive to sellers, it’s important to know the risks of waiving the home inspection. Waiving the home inspection contingency means the buyer is giving up their right to...
Milwaukee’s housing market is very competitive. Homes receive about 3 offers on average and sell in around 39 days. In July 2025, the median sale price was $235,000, up 4.4% year over year. The typical home sold for about 100.9% of list price, and 52.4% of homes sold above list. Hot homes can sell for about 5% above list and go pending in around 26 days. Milwaukee’s median sale price is 47% lower than...
Steeped in history and alive with bustling neighborhoods, Philadelphia combines timeless charm with modern city living. The Philadelphia housing market is somewhat competitive. Homes sell in about 34 days on average. In July 2025, the median sale price was $285,000, up 3.6% year over year, with a median $207 per square foot. The sale-to-list price ratio is 99.1%. On average, homes go pending in...
Set along the Missouri River with a vibrant culture and growing neighborhoods, Kansas City offers an inviting mix of affordability and opportunity. The Kansas City housing market is somewhat competitive. Homes sell in about 24 days on average. In July 2025, the median sale price was $280,000, up 5.7% year over year, with a median $167 per square foot. The sale-to-list price ratio is 99.7%. On...
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