Is the Market Finally Balancing Out? 2025 Real Estate Update

Before you buy or sell a home in 2025, you need to hear this. The market is shifting and it could work in your favor if you know what to watch for. This is exactly what you need to know. Let's start with inventory. We're seeing more homes on the market now. Nationally, active listings have jumped by 27.5% compared to this time last year.

That's an increase from 664,745, all the way up to 847,825 homes. More inventory means more options and less pressure for buyers. Now let's talk prices. Home values are still rising, but at a more manageable pace. The national median home price went from $383,800 up to $398,400. That's a 3.8% increase. And it signals that the market is stabilizing. This is good news for buyers and sellers alike.

And here's another shift. Homes are sitting on the market a little longer. The average time a home stays on the market went from 61 to 66 days. A modest 8.2% increase. Of course, these are national trends. Your local market may look very different from this. So shoot me a message for a custom breakdown of what's happening in your neighborhood.

You can also visit SLOcounty.PillarRealEstate.Com to view current market trends for your area. Whether you're buying, selling or just staying informed, I'm here to help you make confident real estate decisions.