All signs point to a Buyers Market at the close of the
2nd Quarter 2025 Housing Report.
Closed sales are down compared to Q2 of 2024. Months of inventory is up slightly and days on market is competitive at 48 Days.
Months of inventory is up compared to this time last year. Days on market and active listings indicate a Buyers Market in some areas.
Active Listings and Closed Sales are up compared to Q2 2024 indicating a balanced market.
Closed Sales are down, Active Listings are up. Median Sales Price continues to rise, where Days on Market reflect a balanced market.
Median Sales price is growing but so is Months of Inventory. Sellers can expect to be on market for 60+ days before receiving an offer.
Median Sale Price soared, up nearly 16%, encouraging more Active Listings, up 81% from last year. Months of Inventory is growing, as Closed Sales are down compared to Q2 2024.
Active Listings are up, Median Sales price is down, Months of Inventory is growing – all indicators of a Buyers Market.
Fewer properties are available but also, closed sales are down – holding months of inventory just over 4.