The New Year Brings More Inventory to the Market
January 2025 housing market shows increased seller activity with newly listed homes growing 37.5% month-over-month and 10.8% year-over-year. The median listing price decreased 2.2% to $400,500 compared to January 2024. Active listings increased 24.6% compared to last year, marking the 15th straight month of inventory growth.
Notable market trends include: Sacramento (+31.7%), Phoenix (+27.3%), and Seattle (+24.7%) saw the highest increases in new listings. Price reductions increased to 15.6% of listings, up from 14.7% last year, with Florida markets showing significant price cuts. The South and West regions led inventory growth at 31.0% and 27.2% respectively, while Denver (+54.8%), Las Vegas (+49.4%), and Tucson (+45.0%) experienced the highest inventory increases.
Il mercato immobiliare di gennaio 2025 mostra un aumento dell'attività dei venditori, con le nuove inserzioni che sono cresciute del 37,5% rispetto al mese precedente e del 10,8% rispetto all'anno precedente. Il prezzo medio di listino è diminuito del 2,2%, attestandosi a $400.500 rispetto a gennaio 2024. Gli immobili attivi sono aumentati del 24,6% rispetto all'anno scorso, segnando il 15° mese consecutivo di crescita dell'inventario.
Tendenze significative del mercato includono: Sacramento (+31,7%), Phoenix (+27,3%) e Seattle (+24,7%) hanno registrato i maggiori aumenti nelle nuove inserzioni. Le riduzioni di prezzo sono aumentate al 15,6% delle inserzioni, rispetto al 14,7% dell'anno scorso, con i mercati della Florida che mostrano significativi abbattimenti dei prezzi. Le regioni del Sud e dell'Ovest hanno guidato la crescita dell'inventario con il 31,0% e il 27,2% rispettivamente, mentre Denver (+54,8%), Las Vegas (+49,4%) e Tucson (+45,0%) hanno sperimentato i maggiori aumenti dell'inventario.
El mercado inmobiliario de enero de 2025 muestra un aumento en la actividad de los vendedores, con nuevas viviendas listadas que crecieron un 37.5% mes a mes y un 10.8% año a año. El precio medio de listado disminuyó un 2.2% a $400,500 en comparación con enero de 2024. Las propiedades activas aumentaron un 24.6% en comparación con el año pasado, marcando el décimo quinto mes consecutivo de crecimiento en el inventario.
Tendencias notables del mercado incluyen: Sacramento (+31.7%), Phoenix (+27.3%) y Seattle (+24.7%) vieron los mayores aumentos en nuevas listados. Las reducciones de precios aumentaron al 15.6% de las listados, subiendo desde el 14.7% del año pasado, con los mercados de Florida mostrando cortes de precios significativos. Las regiones del Sur y del Oeste lideraron el crecimiento del inventario con un 31.0% y un 27.2% respectivamente, mientras que Denver (+54.8%), Las Vegas (+49.4%) y Tucson (+45.0%) experimentaron los mayores incrementos en el inventario.
2025년 1월 주택 시장은 판매자 활동이 증가하고 있으며, 신규 등록 주택이 전월 대비 37.5%, 전년 대비 10.8% 증가했습니다. 중간 등록 가격은 2024년 1월에 비해 2.2% 감소하여 $400,500에 달했습니다. 활성 목록은 작년에 비해 24.6% 증가하여 재고 성장이 15개월 연속으로 이어졌습니다.
주목할 만한 시장 동향에는: 새크라멘토 (+31.7%), 피닉스 (+27.3%), 시애틀 (+24.7%)이 신규 목록에서 가장 높은 증가를 보였습니다. 가격 인하는 지난해 14.7%에서 15.6%로 증가했으며, 플로리다 시장에서 눈에 띄는 가격 인하가 나타났습니다. 남부 및 서부 지역이 각각 31.0% 및 27.2%로 재고 성장을 주도했으며, 덴버 (+54.8%), 라스베이거스 (+49.4%), 투손 (+45.0%)이 가장 높은 재고 증가를 경험했습니다.
Le marché immobilier de janvier 2025 présente une augmentation de l'activité des vendeurs, avec de nouvelles inscriptions de maisons qui ont augmenté de 37,5 % par rapport au mois précédent et de 10,8 % par rapport à l'année précédente. Le prix médian des inscriptions a diminué de 2,2 %, atteignant 400 500 $ par rapport à janvier 2024. Les inscriptions actives ont augmenté de 24,6 % par rapport à l'année dernière, marquant le 15ème mois consécutif de croissance de l'inventaire.
Les tendances notables du marché incluent : Sacramento (+31,7 %), Phoenix (+27,3 %) et Seattle (+24,7 %) ont enregistré les plus fortes augmentations de nouvelles inscriptions. Les réductions de prix ont augmenté à 15,6 % des inscriptions, contre 14,7 % l'année dernière, les marchés de Floride affichant des réductions significatives. Les régions Sud et Ouest ont conduit la croissance de l'inventaire avec respectivement 31,0 % et 27,2 %, tandis que Denver (+54,8 %), Las Vegas (+49,4 %) et Tucson (+45,0 %) ont connu les plus fortes augmentations d'inventaire.
Der Immobilienmarkt im Januar 2025 zeigt eine erhöhte Aktivität der Verkäufer, wobei die neu gelisteten Immobilien im Vergleich zum Vormonat um 37,5 % und im Vergleich zum Vorjahr um 10,8 % gewachsen sind. Der Median-Listenpreis sank um 2,2 % auf $400.500 im Vergleich zu Januar 2024. Die aktiven Angebote stiegen im Vergleich zum Vorjahr um 24,6 % und markieren das 15. Monat in Folge mit Bestandswachstum.
Bemerkenswerte Markttrends umfassen: Sacramento (+31,7 %), Phoenix (+27,3 %) und Seattle (+24,7 %) verzeichneten die höchsten Zuwächse bei neuen Angeboten. Die Preisreduzierungen stiegen auf 15,6 % der Angebote, gegenüber 14,7 % im Vorjahr, wobei die Märkte in Florida signifikante Preisnachlässe zeigten. Die Regionen Süden und Westen führten das Bestandswachstum mit 31,0 % bzw. 27,2 % an, während Denver (+54,8 %), Las Vegas (+49,4 %) und Tucson (+45,0 %) die höchsten Bestandszuwächse erlebten.
- Newly listed homes increased 37.5% month-over-month and 10.8% year-over-year
- Active listings grew 24.6% compared to last year
- Inventory levels showing strong recovery in South (-10.0%) and West (-13.3%) regions compared to pre-pandemic levels
- Median listing price decreased 2.2% to $400,500 year-over-year
- Increased share of price reductions to 15.6% of listings
- Significant inventory gaps remain in Midwest (-43.6%) and Northeast (-58.1%) compared to pre-pandemic levels
Insights
The substantial
Three key developments warrant attention:
- The
24.6% year-over-year increase in active listings, combined with growing price reductions, suggests a market rebalancing that could accelerate transaction volumes - a positive indicator for listing-based revenues. - Regional disparities are creating unique market opportunities, with the South and West showing robust recovery (
27.2% and31.0% listing growth respectively), while the Northeast still faces a substantial58.1% inventory deficit compared to pre-pandemic levels. - The increasing share of price reductions, particularly in Florida markets (reaching
24.8% in Tampa), indicates a shift toward a more buyer-friendly market, which historically has led to higher engagement on real estate platforms.
The easing of the "lock-in effect" as more homeowners move away from sub-6% mortgage rates (now
- Newly listed homes increase
37.5% month-over-month - Homes actively for sale increase
24.6% compared with last year - Share of listings with price cuts grows
15.6% compared with the same time last year
"The shift in seller activity could mark a turning point in the high mortgage rate-induced standoff between buyers and sellers," said Danielle Hale, Chief Economist, Realtor.com®. "The uptick is likely due to some residual benefit from fall's lower mortgage rates, which could fade. But drivers such as the need for families to adapt to life changes and the easing of the lock-in effect, could bring more movement from sellers by year's end."
January 2025 Housing Metrics – National
Metric | Change over Jan. 2024 | Change over Jan. 2019 |
Median listing price | - | +38.4 % |
Active listings | +25.3 % | -25.3 % |
New listings | +10.8 % | -18.0 % |
Median days on market | +5 days (to 73 days) | - 8 days |
Share of active listings with price reductions | +0.9 percentage points (to | -0.4 percentage points |
Median List Price Per Sq.Ft. | +1.2 % | +54.9 % |
Sellers Warm Up to the Market a Little More
Newly listed homes were
Furthermore, annual inventory grew for the 15th straight month, with
Price Cuts Increase
In addition to an increase in listing activity, sellers are cutting prices. The share of listings with price cuts grew once again compared with last year. In fact,
The South and West Get Closer to Closing the Inventory Gap While the Midwest and Northeast struggle
While January saw each of the four regions continue to close the inventory gap, the South and West are leading the way by far. In the West, listings grew by
A look specifically at the top 50 metros shows
January 2025 Housing Overview of the 50 Largest Metros
Metro Area | Median Listing | Median Listing | Median Listing | Median Listing | Median Listing | |
-2.7 % | -0.8 % | 28.8 % | 56.2 % | |||
-9.2 % | -5.2 % | 41.9 % | 54.5 % | |||
6.8 % | 1.4 % | 17.0 % | 27.1 % | |||
0.7 % | 0.2 % | 25.6 % | 36.3 % | |||
-1.3 % | 1.4 % | 49.7 % | 69.0 % | |||
5.2 % | 6.1 % | 40.3 % | 56.6 % | |||
5.0 % | 1.7 % | 29.2 % | 63.1 % | |||
-2.2 % | 0.7 % | 15.7 % | 31.8 % | |||
-3.2 % | 3.7 % | 33.2 % | 57.5 % | |||
11.3 % | 14.1 % | 34.3 % | 58.7 % | |||
-7.9 % | 1.2 % | 33.7 % | 61.1 % | |||
-3.6 % | -0.5 % | 22.2 % | 44.7 % | |||
-5.0 % | -1.2 % | 16.9 % | 45.8 % | |||
4.5 % | 3.8 % | 9.7 % | 28.3 % | |||
-6.4 % | -2.2 % | 38.8 % | 52.3 % | |||
2.1 % | 12.3 % | 44.6 % | 60.4 % | |||
0.2 % | -0.7 % | 17.1 % | 38.4 % | |||
-2.4 % | 0.5 % | 23.7 % | 54.0 % | |||
-4.9 % | -2.8 % | 29.6 % | 52.1 % | |||
-10.3 % | -1.9 % | 25.1 % | 44.8 % | |||
1.6 % | 3.2 % | 48.4 % | 57.3 % | |||
-1.0 % | 0.9 % | 47.0 % | 53.2 % | |||
-1.0 % | 1.4 % | 23.1 % | 46.6 % | |||
2.9 % | 1.8 % | 62.3 % | 68.2 % | |||
-7.9 % | -5.6 % | 33.3 % | 49.0 % | |||
6.0 % | 8.0 % | 45.2 % | 53.9 % | |||
0.0 % | -0.2 % | 11.6 % | 27.9 % | |||
-6.2 % | -0.5 % | 47.6 % | 63.5 % | |||
0.1 % | 0.0 % | 37.6 % | 81.1 % | |||
-2.4 % | 0.4 % | 33.3 % | 46.1 % | |||
-3.5 % | -2.3 % | 40.0 % | 54.8 % | |||
4.4 % | 5.0 % | 40.9 % | 61.0 % | |||
-4.2 % | 0.0 % | 47.3 % | 60.2 % | |||
-0.1 % | 0.8 % | 39.3 % | 36.5 % | |||
-0.8 % | 0.1 % | 26.4 % | 40.6 % | |||
3.2 % | 8.3 % | 48.9 % | 54.1 % | |||
-0.1 % | 0.7 % | 25.7 % | 55.3 % | |||
-4.9 % | 2.5 % | 35.9 % | 61.3 % | |||
2.4 % | 0.5 % | 50.1 % | 59.5 % | |||
-2.4 % | -0.2 % | 36.7 % | 41.3 % | |||
-3.2 % | -2.2 % | 14.0 % | 37.3 % | |||
-2.8 % | -0.7 % | 44.1 % | 64.9 % | |||
-6.6 % | -5.7 % | 6.0 % | 18.3 % | |||
-1.6 % | 2.6 % | 26.8 % | 20.4 % | |||
-3.2 % | 0.0 % | 29.0 % | 56.3 % | |||
-0.9 % | -1.6 % | 37.8 % | 30.9 % | |||
-5.4 % | -5.7 % | 49.5 % | 62.7 % | |||
-1.9 % | -0.2 % | 40.0 % | 57.0 % | |||
2.8 % | 5.5 % | 41.6 % | 54.0 % | |||
-2.9 % | 0.9 % | 31.5 % | 59.5 % | |||
Metro Area | Active Listing | New Listing | Median Days | Median Days | Price- | Price- |
38.1 % | 13.2 % | 66 | 10 | 18.5 % | 2.6 pp | |
16.4 % | 14.3 % | 82 | 5 | 19.8 % | -2.4 pp | |
24.0 % | 4.1 % | 53 | 0 | 11.9 % | -0.3 pp | |
17.6 % | -2.7 % | 75 | 4 | 16.1 % | 1.9 pp | |
7.5 % | 13.8 % | 56 | 3 | 11.2 % | 2.3 pp | |
14.7 % | 6.4 % | 71 | 3 | 7.2 % | 1.0 pp | |
38.0 % | 9.1 % | 67 | 8 | 19.0 % | 2.0 pp | |
8.4 % | 13.2 % | 57 | 2 | 11.1 % | 1.7 pp | |
19.3 % | -8.5 % | 61 | 7 | 13.5 % | -0.2 pp | |
7.9 % | -5.3 % | 65 | 6 | 15.2 % | 0.4 pp | |
30.9 % | 7.5 % | 59 | 4 | 18.2 % | 0.7 pp | |
35.7 % | 12.5 % | 69 | 7 | 20.9 % | 1.6 pp | |
54.8 % | 20.7 % | 72 | 10 | 18.0 % | 2.9 pp | |
10.9 % | 1.1 % | 57 | 7 | 11.9 % | 1.1 pp | |
31.9 % | 19.7 % | 65 | 5 | 13.8 % | 4.8 pp | |
1.8 % | 5.7 % | 51 | -1 | 7.3 % | 0.6 pp | |
25.9 % | 5.9 % | 62 | 3 | 16.6 % | 1.1 pp | |
17.3 % | 5.2 % | 68 | 2 | 19.0 % | 1.0 pp | |
40.0 % | 13.0 % | 74 | 8 | 24.3 % | 3.3 pp | |
11.0 % | -4.3 % | 78 | 2 | 11.6 % | 0.7 pp | |
49.4 % | 24.1 % | 62 | 3 | 16.4 % | 2.3 pp | |
32.9 % | 19.3 % | 64 | 8 | 8.5 % | 0.3 pp | |
15.9 % | -1.5 % | 59 | 6 | 16.9 % | 1.3 pp | |
23.1 % | 17.5 % | 77 | 5 | 18.1 % | -0.3 pp | |
40.8 % | 4.1 % | 79 | 11 | 18.8 % | 0.7 pp | |
5.0 % | 14.0 % | 51 | 5 | 12.0 % | 1.9 pp | |
8.8 % | 4.3 % | 59 | 2 | 10.6 % | 1.5 pp | |
23.1 % | 13.6 % | 65 | 19 | 14.1 % | -0.8 pp | |
0.3 % | 5.1 % | 77 | -3 | 5.8 % | -1.1 pp | |
27.8 % | 17.7 % | 61 | 2 | 17.3 % | -2.2 pp | |
39.4 % | 14.7 % | 81 | 15 | 22.3 % | 2.1 pp | |
11.5 % | 5.0 % | 63 | -3 | 12.3 % | 0.7 pp | |
38.6 % | 27.3 % | 67 | 7 | 25.5 % | 2.5 pp | |
13.9 % | -1.7 % | 84 | 5 | 13.1 % | -2.1 pp | |
20.1 % | 17.3 % | 82 | 11 | 22.1 % | 10.5 pp | |
11.1 % | 12.6 % | 52 | -3 | 13.3 % | 5.4 pp | |
32.2 % | 10.1 % | 71 | 9 | 14.7 % | 3.1 pp | |
13.4 % | -4.6 % | 56 | -5 | 11.8 % | 3.4 pp | |
39.1 % | 14.2 % | 71 | 7 | 14.1 % | 1.7 pp | |
33.9 % | 31.7 % | 61 | 6 | 13.5 % | 2.1 pp | |
15.5 % | -2.5 % | 78 | 3 | 20.9 % | -0.7 pp | |
44.5 % | 15.9 % | 51 | 8 | 12.7 % | 2.7 pp | |
23.9 % | 21.3 % | 56 | 7 | 8.1 % | 1.1 pp | |
19.4 % | 20.6 % | 44 | 2 | 6.0 % | 0.8 pp | |
31.5 % | 24.7 % | 62 | 3 | 11.8 % | 3.9 pp | |
10.0 % | 2.3 % | 62 | 3 | 12.3 % | -1.1 pp | |
27.4 % | 11.8 % | 70 | 6 | 24.8 % | -0.2 pp | |
45.0 % | 22.9 % | 64 | 10 | 18.4 % | -0.7 pp | |
22.2 % | 6.9 % | 52 | 3 | 17.1 % | 2.5 pp | |
35.9 % | 8.9 % | 52 | -1 | 9.1 % | -0.1 pp |
Methodology
Realtor.com housing data as of January 2025. Listings include the active inventory of existing single-family homes and condos/townhomes/row homes/co-ops for the given level of geography on Realtor.com; new construction is excluded unless listed via an MLS that provides listing data to Realtor.com. Realtor.com data history goes back to July 2016. The 50 largest
About Realtor.com®
Realtor.com® is an open real estate marketplace built for everyone. Realtor.com® pioneered the world of digital real estate more than 25 years ago. Today, through its website and mobile apps, Realtor.com® is a trusted guide for consumers, empowering more people to find their way home by breaking down barriers, helping them make the right connections, and creating confidence through expert insights and guidance. For professionals, Realtor.com® is a trusted partner for business growth, offering consumer connections and branding solutions that help them succeed in today's on-demand world. Realtor.com® is operated by News Corp [Nasdaq: NWS, NWSA] [ASX: NWS, NWSLV] subsidiary Move, Inc. For more information, visit Realtor.com®.
Media contact: Asees Singh, press@realtor.com
View original content:https://www.prnewswire.com/news-releases/the-new-year-brings-more-inventory-to-the-market-302363699.html
SOURCE Realtor.com
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