January’s Month of Inventory

February 5, 2025

The first month of the new year has brought some promising changes to the housing market. With interest rates beginning to lower, there has been a noticeable increase in the average sale price of properties. This shift in pricing signals a positive trend for sellers and an overall upward movement in the market. At the same time, we’re seeing a balanced market emerge, where supply and demand are relatively in harmony, offering both buyers and sellers a fair environment. This combination of lower interest rates and a more stable, balanced market is creating favorable conditions for a variety of real estate transactions, and it seems like this momentum may continue as the year progresses.