• New Listings: 12,907 homes hit the market — that’s a 21.1% increase year-over-year. (That’s the highest April listing count since 2019!)
• Active Inventory: Now sitting at 35,059 listings, up 35% from this time last year. Inventory hasn’t been this high in years — and that’s giving buyers more options.
• Average List Price: Holding steady at $448,919, a slight 0.1% increase from April 2024.
• Pending Sales: Up 7.8% from last year, signaling renewed buyer interest.
If You’re a Buyer: You now have more homes to choose from — and less pressure to jump into bidding wars.
While prices haven’t dropped, the increase in inventory gives you stronger negotiation power, especially on homes that have been sitting. But smart buyers know: the best homes still move quickly.
Tip: Look closely at homes with longer days on market — there may be room to negotiate price, repairs, or closing costs.
If You’re a Seller: More inventory = more competition.
The homes that are priced well and marketed effectively are still flying off the shelf — especially in high-demand neighborhoods.
Tip: Don’t overprice. Overexposure without traction hurts your negotiating leverage. Price to attract — then negotiate from strength.
This preview just scratches the surface. The full breakdown includes:
- Median vs average pricing trends
- Submarket performance (suburbs vs city core)
- Days on market by price range
- Year-over-year shifts in contract activity
DM me or send a quick message if you’d like the full report emailed directly — no pressure, just insight.
Whether you're thinking of buying, selling, or just watching the market, having a local expert in your corner makes a difference. If you're planning a move this summer or fall, now’s the time to start planning.
Call or text me anytime to chat strategy — or shoot me a message with your questions.