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Key Take-Aways:
- The Average Sales Price increased 4% to $394,103 compared to $377,769 over the same period in 2024.
- Homes continue to sell quickly, and the Average Days on the Market decreased slightly, to 29 days.
- That being said, homes that are priced well still sell within the first few days of being on the market, resulting in a Median Days on Market of ONLY 6 days.
- The inventory of homes available for sale is down 24%, with an average of only 469 homes/month available for purchase, down from the 619 homes/month we had back in 2024.
- While Interest rates dropped .2% to 6.71% according to Mortgage News Daily, they are still significantly higher than they were just a few years ago, which is keeping the market stagnant.
If you are thinking about selling, you can request a free copy of our Max Price Seller Guide with bonuses:
