WealthSquadAce on Nostr: Real Estate by the Numbers š”: As of January 2025, U.S. home prices increased by ...
Real Estate by the Numbers š”:
As of January 2025, U.S. home prices increased by 4.1% compared to the previous year, with a median sale price of $418,489. The number of homes sold rose by 2.5% year over year, reaching 297,838 this January, up from 290,612 in January of last year. The national average for a 30-year fixed mortgage rate stands at 7.0%, reflecting a 0.3-point increase from the previous year.
In January 2025, the U.S. housing market had 1,552,358 homes for sale, an 11.7% increase compared to the previous year. Newly listed homes totaled 463,716, up 6.8% year over year. The median time a home remained on the market was 56 days, seven days longer than the previous year. The average housing supply remained steady at four months.
In January 2025, 22.4% of homes in the U.S. sold for more than the listed price, a decrease of 1.7 percentage points from the previous year. Meanwhile, 19.1% of homes saw price reductions, up from 15.0% in January of last year. The sale-to-list price ratio stood at 98.2%, down 0.16 percentage points year over year.
Between November 2024 and January 2025, 27% of homebuyers nationwide looked to move to a different metro area. The top five states attracting the most interest were Florida, North Carolina, Arizona, Tennessee, and South Carolina, while California, New York, Washington, Illinois, and Maryland saw the highest number of homebuyers looking to leave.
Among major U.S. metros, Sacramento was the most sought-after destination for relocating buyers during this period, followed by Phoenix, Cape Coral, Las Vegas, and Sarasota. Los Angeles had the highest number of homebuyers searching to leave, with New York, San Francisco, Seattle, and Washington following closely behind.
#realestate #invest #stats #nostr
As of January 2025, U.S. home prices increased by 4.1% compared to the previous year, with a median sale price of $418,489. The number of homes sold rose by 2.5% year over year, reaching 297,838 this January, up from 290,612 in January of last year. The national average for a 30-year fixed mortgage rate stands at 7.0%, reflecting a 0.3-point increase from the previous year.
In January 2025, the U.S. housing market had 1,552,358 homes for sale, an 11.7% increase compared to the previous year. Newly listed homes totaled 463,716, up 6.8% year over year. The median time a home remained on the market was 56 days, seven days longer than the previous year. The average housing supply remained steady at four months.
In January 2025, 22.4% of homes in the U.S. sold for more than the listed price, a decrease of 1.7 percentage points from the previous year. Meanwhile, 19.1% of homes saw price reductions, up from 15.0% in January of last year. The sale-to-list price ratio stood at 98.2%, down 0.16 percentage points year over year.
Between November 2024 and January 2025, 27% of homebuyers nationwide looked to move to a different metro area. The top five states attracting the most interest were Florida, North Carolina, Arizona, Tennessee, and South Carolina, while California, New York, Washington, Illinois, and Maryland saw the highest number of homebuyers looking to leave.
Among major U.S. metros, Sacramento was the most sought-after destination for relocating buyers during this period, followed by Phoenix, Cape Coral, Las Vegas, and Sarasota. Los Angeles had the highest number of homebuyers searching to leave, with New York, San Francisco, Seattle, and Washington following closely behind.
#realestate #invest #stats #nostr