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February
20

As we move out of winter and look ahead to warmer days, longer evenings, and a renewed sense of momentum in our community, it's a great time to reflect on where our real estate market stands and what lies ahead. With each new season comes opportunity, and this past quarter has given us plenty of insight into how buyers and sellers are positioning themselves for the year to come.

Following are some quick statistics related to our market.

  • Closed and pending transactions increased by 39% and 34% respectively in the fourth quarter compared to the prior year.  These gains reflect continued confidence and engagement from buyers, even in a shifting economic environment.
  • For-sale listings declined 5.9% year-over-year at the end of 2025 with 9 months of inventory available at year end. At these levels of inventory, strategic pricing and strong home presentation for sellers is vital. 
  • Average list prices declined 3% and average and average sold prices decreased 4.2% from 2024 to 2025.  This decline is primarily due to inventory that has been on the market for greater than 120 days is finally being sold. 
  • The average amount of time (days) a property was on the market before it sold, cumulative days on market, rose from 129 days in 2024 to 157 days in 2025. This suggests that some long-standing inventory is finally finding buyers, often after meaningful price adjustments.  In many of these cases, the property was listed at a price well above the then current market pricing.  Meanwhile, we continue to see that properties priced appropriately from the start are still selling in under 90 days.

Taken together, these trends point to a market that rewards preparation, accurate pricing, and informed decision-making. Buyers are thoughtful, sellers are strategic, and experience matters more than ever.

Our agents study and are trained on these statistics regularly. They understand the nuances behind the numbers and know how to position our clients for success whether that means maximizing value, negotiating effectively, or identifying the right opportunity at the right time. If you are considering buying or selling in the coming months, our team is ready to guide you with clarity, confidence, and local expertise.

As always, thank you for trusting us with one of your most important investments. We look forward to serving you this season and beyond.

Click Here to Read Quarterly Market Report 

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