1. The Supply of Homes for Sale
There are more homes for sale, which means more options for your move.
- Homes Available for Sale (Active Listings):
- February 2024: 664,745
- February 2025: 847,825
- Trend: Up 27.5%
2. Home Prices
Prices are still rising, but at a slower, more normal pace than in recent years.
- Median Sales Price of Existing Homes:
- February 2024: $383,800
- February 2025: $398,400
- Trend: Up 3.8%
3. Time on Market
Because of inventory growth, homes aren’t selling quite as fast, allowing buyers to feel less rushed.
- Median Days a Home Is on the Market:
- February 2024: 61 Days
- February 2025: 66 Days
- Trend: Up 8.2%
Do you want to know how your area compares? Connect with a real estate agent to go over what's happening locally and what this means for you.
Sources: NAR, Realtor.com
Some Highlights
- At a national level, the housing market has shifted over the past year.
- There are more homes for sale, price growth has moderated, and homes are taking a little longer to sell.
- Do you want to know how your area compares? Connect with a real estate agent to go over what's happening locally and what this means for you.
