B
right MLS has launched a new website providing housing market data for the Washington D.C. area, offering insights into local trends beyond national numbers. The site's debut report shows listings activity increasing in the region, with a 20.1% jump from the previous week and a 12.9% rise compared to the same period last year. However, price drops were also reported, with 7.5% of active listings experiencing decreases.

    In Florida, condo prices are rising inland, while beachside units see declines. According to Redfin's analysis of MLS data, inland condos had a median sales price 5.4% higher than the previous year, whereas coastal condos saw year-over-year drops of 4.8% (Gulf Coast) and 3% (Atlantic). The lower cost of insurance inland contributes to more affordable condo ownership.

    Florida Realtors reported a significant increase in active listings, with condo and townhouse inventory up 39.3% and single-family home listings up 31.3%. This translates to over 9 months of supply for condos and just over 5 months for single-family homes.

    In Texas, new home sales dipped in the four largest cities - Houston, Dallas, San Antonio, and Austin - but remain 11% higher than last year's January sales. The combined three-month average of home sales fell 6% from December to January, likely due to builders pushing hard to close the year with as many sales as possible.