How Did 2025 Stack Up?
From our Insider Email • A quick look at some key historical metrics in the local market.
New Listings and Closed Sales Were Steady
For the most part, the single-family market kept pace with 2024. As with the full residential market, these numbers still represent a relative low point in the past five years, only beat out by 2023. The market is cooler than it was pre-pandemic and will likely stay that way going into the new year as we recover into a new market equilibrium.
Houses Were Also on The Market for a Similar Amount of Time
While single-family homes sold about as fast as last year, selling times have been drastically shorter for single-family homes when looking at longer-term trends. Before 2020, the homes never sold within 20 days on average; since then, every year has seen homes sell faster than that.
Prices Continue to Rise, But Faster Than the Overall Market
Overall, residential properties saw prices increase at something approaching historic averages. On the other hand, the price of single-family homes in the 7-county metro grew faster than the historical average at 5% since 2024.
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