The Latest Real Estate Market Data, January 2025 Market Stats

The latest real estate market data is here, and it’s revealing some interesting trends as we move into 2025. Here’s what you need to know:

✅ Median Sales Price: $344,995
➡️ Slight 0.9% increase year over year
⬇️ 5.5% decrease from December 2024

✅ Closed Sales: 1,484
⬇️ 3.9% decrease year over year
⬇️ 37.7% drop from December 2024

✅ Active Inventory: 11,011
📈 71.5% increase year over year
📈 14.1% increase from December 2024

✅ New Listings: 4,686
📈 40.3% increase year over year
📈 55.3% increase from December 2024

✅ Median Price Per Square Foot: $197
⬇️ 1.0% decrease year over year
⬇️ 2.0% decrease from December 2024

✅ Median Days on Market: 52 days
📈 10.6% increase year over year
⬇️ 3.7% decrease from December 2024

📌 What This Means for You:

• The rise in new listings and inventory means buyers have more options than they did a year ago. 🏡

• Sellers may need to adjust pricing strategies to stay competitive as more homes hit the market. 📉

• A slight dip in closed sales reflects a shifting market where buyers are being more selective. 🔍

🚀 At Rocket Title, we’re here to help agents, lenders, and investors navigate these changes. Whether you’re working with buyers looking for the best opportunities or sellers aiming for a competitive edge, our streamlined title services ensure smooth, stress-free closings.

📅 Let’s Talk! Want to strategize on how to maximize your success in this shifting market? Let’s grab a coffee and chat! ☕
📩 Reply to this email or call us at [your contact info] to schedule a time.

Stay ahead, stay informed, and let’s make 2025 your best year yet!

The Rocket Title Team 🚀