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Year-to-date 2025, there have been more new listings than in 2024. After two years of tightly constricted inventory, this has been a welcome relief for buyers. Closed sales are trending up despite stubborn interest rates, and it is still a seller’s market with under two months of inventory. The increased selection has tempered the month-over-month price growth to typical historical levels versus the rapid uptick during the pandemic. Interest rates have decreased since last year and are expected to recede slowly throughout the year.
Delayed seller demand is starting to mount as some people are giving up their low rate to pivot to a home that better fits their lifestyle. With this increase, we anticipate more sustainable and stable price growth, which will rest on the shoulders of strong equity levels built over the last decade plus. Evaluating and applying the trends to your options will help you make informed and powerful decisions. Please don’t hesitate to reach out if you or someone you know would like to learn more, discuss goals, and create a winning plan.
