{"id":814476,"date":"2025-02-18T16:42:33","date_gmt":"2025-02-18T21:42:33","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/re-max-national-housing-report-for-january-2025\/"},"modified":"2025-02-18T16:42:33","modified_gmt":"2025-02-18T21:42:33","slug":"re-max-national-housing-report-for-january-2025","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/re-max-national-housing-report-for-january-2025\/","title":{"rendered":"RE\/MAX NATIONAL HOUSING REPORT FOR JANUARY 2025"},"content":{"rendered":"
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PR Newswire<\/p>\n<\/p><\/div>\n

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\n New Listings and Inventory Increase While Median Sales Price Drops Month to Month<\/i>
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\n DENVER<\/span>
\n <\/span>, Feb. 18, 2025<\/span><\/span> \/PRNewswire\/ — Across 52 metro areas, the number of new listings in January surged 53.7% over December and was nearly the same (down just 0.1%) as in January 2024<\/span>. Inventory in January rose 5.0% from December and was 30.9% higher than a year ago.<\/p>\n

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\n \"www.remax.com
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The median sales price of $422,000<\/span> was down 1.8% from December but up 5.3% \u2013 or approximately $21,000<\/span> \u2013 from January 2024<\/span>.<\/p>\n

Typical for the season, home sales dropped 24.3% from December but were 6.0% higher than January 2024<\/span> \u2013 and marked the fourth consecutive month of home sales rising year over year.<\/p>\n

“This is about what we expected,” said RE\/MAX Holdings CEO Erik Carlson<\/span>. “January is typically a quiet month due to the winter weather and the holidays wrapping up, but the market remained relatively active \u2013\u00a0with home sales 6% higher than last year. Buyers who needed to move took advantage of the increased inventory, and sellers benefited from having motivated buyers out there looking at homes.”<\/p>\n

\n Burlington, Vermont<\/span> experienced one of the biggest year-over-year increases in active inventory, shooting up 64.1%; however, it also had some of the lowest active inventory levels of the 52 metros surveyed at 320.<\/p>\n

\n Rich Gardner<\/span>, broker\/owner of RE\/MAX North Professionals in Colchester, Vermont<\/span>, said although the local spike in inventory is a positive shift for buyers looking for more options, his market isn’t necessarily balanced.<\/p>\n

“The increase in inventory isn’t evenly distributed. While more homes are hitting the market, availability varies by price range and home type \u2013 mid-range, single-family homes remain scarce while luxury listings and some condo markets are more plentiful.\u00a0 So although there are slightly more choices, competition remains intact and buyers still need to act quickly.”<\/p>\n

Other metrics of note:<\/p>\n