12/23/2025
Welcome back to the Patton Allen Real Estate Market Update!
Lauren Eaddy Realtor is here with your November numbers, and while the data shows a clear seasonal slowdown, there is a key stability point for anyone looking at the long-term health of our market.
Let's start with the Median Sales Price which held firm at $415,000. That's two months in a row demonstrating price stability despite the expected holiday dip in activity.
Now, let's look at the seasonal shift. For both buyers and sellers, activity cooled last month.
🏡New Listings dropped to 895 homes (down from 1,328 in October).
✨Closed Sales also decreased, hitting 764 for the month (down from 952).
While these numbers are down, the decline is expected as people focus on the holiday season. The important context here is the Days on Market, which remained virtually flat at 69 days. This tells us that even with fewer transactions, the homes that are moving are still finding serious buyers quickly.
So, what does this mean for you?
For buyers: That price stability at $415,000 is your biggest takeaway. It suggests that prices aren't retreating, even in a quieter month. With fewer new listings coming to market, the best deals might be right in front of you. Focus your search, and be ready to move quickly when the right property appears, as the Days on Market signal serious competition remains.
For sellers: The market is rewarding commitment. Your home's value is holding up, and the virtually unchanged Days on Market tells you that buyers who are in the market right now are serious. If you're planning a spring listing, listing now while the competition is lower and prices are stable can give you a crucial edge and a strong chance to close before the true winter months.
Ready to talk strategy for a stable, yet competitive, market? Message Patton Allen Real Estate today, and let our team get you prepared for 2026!
