03/08/2025
š Swipe left to explore the latest trends from February 2025ās real estate market and what they mean for you!ā
ā
The market saw 4,037 sales, reflecting a 27.4% decrease from February 2024. Meanwhile, new listings increased by 5.4% to 12,066, and active listings surged by 76% to 19,536. The average price stands at $1,084,547, down 2.2% year-over-year, while the average days on market rose by 12% to 28 days.ā
ā
What does this mean?ā
š Buyers: More inventory means more choices! With prices slightly lower and properties staying on the market longer, itās a great time to negotiate.ā
š” Sellers: A higher number of active listings means more competitionāpricing strategically and staging your home will help attract the right buyers.ā
š¼ Investors: The increase in active listings and longer market times can present great opportunities for those looking to secure long-term value.ā
ā
Need expert advice on your next move? Letās talk!ā
ā