January 2025 Market Stats are in!
- Median Sales Price: $344,995, a slight increase of 0.9% year over year, but down 5.5% from December 2024.
- Closed Sales: 1,484, reflecting a 3.9% decrease year over year and down 37.7% from December 2024.
- Active Inventory: 11,011, a 71.5% increase year over year and up 14.1% from December 2024.
- New Listings: 4,686, an increase of 40.3% year over year and up 55.3% from December 2024.
- Median Price Per Square Foot: $197, down 1.0% year over year and 2.0% from December 2024.
- Median Days on Market: 52 days, showing a 10.6% increase year over year but down 3.7% from December 2024.
These stats highlight a cooling in closed sales but growing inventory and new listings, offering more opportunities for buyers in the market.