#days-on-market

#days-on-market

Inventory on the Rise In December, Virginia Beach experienced an 8.2% increase in active listings compared to the previous year, bringing the total to 749 homes on the market. While this rise in inventory was more modest than the national average of 12.1%, the market saw a remarkable 38.6% year-over-year surge in newly listed homes, with 366 properties entering the scene. This substantial influx signaled a vibrant and dynamic market, teeming with opportunities for sellers to capitalize on increased buyer interest.

In December, Memphis saw its active listing count soar to 2,123, marking an impressive 20.7% increase compared to the same time last year. This was a significant rise above the national increase of 12.1%. While the number of newly listed homes in Memphis dipped to 446, a 9.3% decrease from the previous year, the overall swell in inventory signaled that homes were lingering on the market longer, creating a prime environment for buyers to explore their options.

Louisville, KY, renowned for its rich history and vibrant culture, experienced exhilarating real estate trends in December. This city, with its diverse neighborhoods and strong sense of community, emerged as an enticing destination for buyers seeking opportunities in the housing market. In December, Louisville's active listings skyrocketed by 29.1% compared to the previous year, reaching a total of 1,634 homes. This robust increase surpassed the national growth rate of 12.1%, offering buyers a wider array of options.

In December, El Paso experienced an impressive surge in its active listing count, reaching 2,355 properties. This represented a substantial year-over-year growth of 15.7%, well ahead of the national inventory growth rate of 12.1%. With 562 newly listed homes, marking a 17.6% increase from the previous year, sellers showcased their enthusiasm to join the market. This robust influx of new listings, combined with the rise in active listings, underscored a unique opportunity for sellers to capture buyer interest.

In December, Chicago's real estate market showcased a striking decline in inventory, setting the stage for sellers to shine. The active listing count fell to 3,403, marking a 17.0% decrease from the previous year. This was in stark contrast to the national trend, where active listings increased by 12.1%. The city also experienced a notable reduction in newly listed homes, down 12.7% year-over-year, compared to a 1.8% decline nationally.

In December, Albuquerque's active listings rose by an impressive 8.3% compared to the same month last year, totaling 1,065 homes. While the national active listing count grew by a higher 12.1%, Albuquerque's inventory expansion was commendable, with 392 newly listed homes marking a 3.2% year-over-year increase. This surge in new listings, against a national decline of 1.8%, highlighted Albuquerque's potential for sellers eager to meet the active demand.

The number of listings on the market grew 6.1% from last month, which is a smaller increase than normal for this time of the year in Tulsa, and homes are also selling close to the same pace as the same time last year. Typically, home price per square foot in Tulsa tend to rise in July. But the most recent data shows that the price per square foot decreased by 0.6% compared with the month before.

In May, home prices rose moderately from the month before, with a median listing price of $268,500. The number of listings on the market grew 12.9%, which is a bigger increase than normal for this time of the year in Indianapolis, and homes are also selling slower than at the same time last year. Home prices in Indianapolis Typically, home price per square foot in Indianapolis tend to rise in May.

In November, home prices rose moderately from the month before, with a median listing price of $299,900. The number of listings on the market remained practically unchanged from last month, but it is a bigger increase than normal for this time of the year in El Paso, and homes are also selling slower than at the same time last year.

In November, home prices rose slightly from the month before, with a median listing price of $386,590. The number of listings on the market shrank 2.1% from last month, which is a smaller decrease than normal for this time of the year in Albuquerque, and homes are also selling close to the same pace as the same time last year.

In November, home prices remained unchanged from the month before, with a median listing price of $345,000. The number of listings on the market shrank 5.4% from last month, which is a bigger decrease than normal for this time of the year in Fort Worth, and homes are also selling slower than at the same time last year. Typically, home price per square foot in Fort Worth tend to rise in November. And the most recent data shows that the price per square foot remained practically unchanged compared with the month before.

In 2025, the Boston condo market has shifted toward a more balanced state, with an overall increase in Days on Market (DOM) that provides buyers with more leverage than in previous years. Increased Buyer Leverage: The median DOM for Boston condos has climbed to approximately 28-32 days, a significant increase from roughly 20 days in 2023. Negotiation Power: Homes sitting on the market for 14+ days are increasingly seeing price drops and seller concessions, with roughly 30% of listings seeing price reductions

In November, home prices fell slightly from the month before, with a median listing price of $574,000. The number of listings on the market shrank 10.3% from last month, which is typical for this time of the year in Austin, and homes are also selling close to the same pace as the same time last year. Home prices in Austin Typically, home price per square foot in Austin tend to rise in November.

In November, home prices fell slightly from the month before, with a median listing price of $107,900. The number of listings on the market remained practically unchanged from last month, which is typical for this time of the year in Detroit, and homes are also selling close to the same pace as the same time last year. Home prices in Detroit Typically, home price per square foot in Detroit tend to rise in November. But the most recent data shows that the price per square foot decreased by 0.4% compared with the month before.

The number of listings on the market shrank 3.0% from last month, which is a bigger decrease than normal for this time of the year in San Antonio, and homes are also selling slower than at the same time last year.

Average home prices in these metros fell from $1.04 million to $1.01 million, marking a sharper correction than in the overall national housing market, which remained essentially flat. Listings are also staying on the market longer. Average days on market rose to 73.2 days, up more than 20% compared with last year. Nearly 40% of homes underwent price reductions, signaling an increasingly selective buyer pool.