HOW’S THE MARKET REALLY?

[WINTER 2025]

The Market In One Sentence

Updated properties in prime locations are still in demand and can receive multiple offers, and dated properties in slower locations are lingering on the market.

Market Statistics

Local Inventory

Inventory is climbing back up, but we are still slightly below pre-pandemic norms.

+38.2% Active Inventory (Year Over Year)
-2.7% Active Inventory (vs. 2019 Pre-Pandemic)

Local Home Price Changes

Yearly price growth has flattened, after the huge post-pandemic run up.

+0.6% Year Over Year
+30.0% Since March 2020 (Pre-Pandemic)

Interest Rate Context

The market is slowly adjusting to the current interest rate levels. I have included a few reference points for historical context.

December 20256.28%
January 20212.83%
November 20184.97%
July 20086.45%
May 20008.43%

Local Existing Home Sales (Resales Only)

Transaction volume has slowed significantly year over year, and also compared to the pre-pandemic market.

-14.4% Monthly Transactions (Year Over Year)
-43.2% Monthly Transactions (vs. 2019)

Local Days on Market

Homes are taking slightly longer to sell than last year.

38 Days Average Time to Sell
+4 Days Trend (Year Over Year)
MORE MARKET DATA COMING WITH THE SPRING 2026 UPDATE:
I will be adding a third section to this update specifically for those who crave a deeper understanding of market conditions and advanced analytics.