{"id":838300,"date":"2025-04-16T16:23:36","date_gmt":"2025-04-16T20:23:36","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/re-max-national-housing-report-for-march-2025\/"},"modified":"2025-04-16T16:23:36","modified_gmt":"2025-04-16T20:23:36","slug":"re-max-national-housing-report-for-march-2025","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/re-max-national-housing-report-for-march-2025\/","title":{"rendered":"RE\/MAX NATIONAL HOUSING REPORT FOR MARCH 2025"},"content":{"rendered":"
\n

PR Newswire<\/p>\n<\/p><\/div>\n

\n

\n March Home Sales Jump 23% over February as Inventory Mounts, Prices Rise<\/i>\n <\/p>\n

\n
\n DENVER<\/span>
\n <\/span>, April 16, 2025<\/span><\/span> \/PRNewswire\/ — March, a pivotal month in the seasonal ramp-up of home sales toward the peak summer selling months, did not disappoint. March sales increased 23.0% over February, marking the largest month-over-month sales increase since 37.4% in March 2023<\/span>. Compared to March 2024<\/span>, however, sales were down 1.4%.<\/p>\n

\n

\n
\n \"Active
\n <\/a>\n <\/p>\n<\/p><\/div>\n

The surge in month-over-month sales across the 50 metro areas surveyed may have been fueled by a growing number of sellers and available properties. The number of homes for sale in March increased 8.0% from February and totaled 35.5% more than March 2024<\/span>. Boosting the inventory was a 29.8% increase in new listings compared to February \u2013 and a 7.9% increase compared to a year ago.<\/p>\n

March’s Median Sales Price increased to $435,000<\/span>, which was nearly $8,000<\/span> (1.8%) higher than in February and $15,000<\/span> (3.5%) more than a year ago.<\/p>\n

“As we enter the prime homebuying season, the uptick in sales and inventory may lead to even more positive market activity,” said RE\/MAX Holdings CEO Erik Carlson<\/span>. “With a relatively good supply of homes for sale, and rates holding with signs of some improvement, many buyers are finding current market conditions to be the most favorable they’ve seen in the past few years.”<\/p>\n

\n Washington D.C.<\/span> saw the largest jump in month-over-month active listings in March, increasing 25.3% from February. Bryan Cantio<\/span> of RE\/MAX Allegiance in Washington D.C.<\/span> said the nation’s capital started to experience the increase mid-month. “We’ve seen a steady uptick in inventory since January, but we felt more of a surge mid-March. It’s great for buyers who’ve been dealing with low inventory for nearly two decades, but sellers are used to brisk sales and rising prices. They might need to be prepared for more uncertainty.”<\/p>\n

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