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The New Year Brings More Inventory to the Market

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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.

Positive
  • 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
Negative
  • 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 37.5% surge in new listings marks a pivotal shift in the real estate market, potentially signaling the beginning of inventory normalization after years of severe constraints. This trend carries significant implications for News Corp's digital real estate services segment, which includes Realtor.com.

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% and 31.0% listing growth respectively), while the Northeast still faces a substantial 58.1% 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 83% vs. 88% last year) suggests sustained listing growth through 2025, potentially driving increased advertising revenue and premium listing services.

  • 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

SANTA CLARA, Calif., Jan. 30, 2025 /PRNewswire/ -- Despite recent increases in mortgage rates, January showed a promising change in seller activity as newly listed homes grew 37.5% month-over-month, according to the Realtor.com® January Monthly Housing Report. Out of the top 50 metros, Sacramento (+31.7%), Phoenix (+27.3%), and Seattle (+24.7%) experienced the greatest bumps in newly listed homes this month 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

 -2.2% (to $400,500)

+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 15.6%)

-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 10.8% above last year's levels, an increase from December's slight rise of 0.9%, which puts new listing activity at its highest January level since 2021 and shows sellers are increasingly warming up to the market.  A recent Realtor.com analysis showed the share of mortgage holders with a rate under 6% fell to 83%, down from 88% just one year ago. Per the 2025 Realtor.com® Housing Forecast, that share is expected to decline to 75% by the end of the year.

Furthermore, annual inventory grew for the 15th straight month, with 24.6% more homes actively for sale on a typical day in January compared with the same time in 2024. When it comes to the most active markets, Denver (+54.8%), Las Vegas (+49.4%), and Tucson (+45.0%) experienced the highest increases in active listings year-over-year, while New York (+0.3%), Hartford, Conn. (+1.8%) and Milwaukee, Wis. (+5.0%) experienced the lowest growth in active listings year-over-year.

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, 15.6% of sellers cut prices in the month of January, up from 14.7% in January 2024. Interestingly, out of the top five markets with the highest share of price reduction, three markets are in Florida: Jacksonville (24.3%), Tampa (24.8%), Orlando (22.3%). In addition to the Florida markets, Phoenix, Ariz. (25.5%) and Portland, Ore. (22.1%) rounded out the top five markets with the highest share of price reductions.

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 31.0% while the South experienced a 27.2% growth in listings. The Midwest (+16.8%) and Northeast (+7.8%) trailed behind, though still saw increases. Additionally, when comparing inventory levels to pre-pandemic (2017-2019) levels, the inventory gap is also the smallest in the South (-10.0%) and West (-13.3%), a huge difference between the Midwest, where inventory is still down by 43.6% relative to pre-pandemic levels, and an even larger gap of 58.1% in the Northeast.

A look specifically at the top 50 metros shows Denver (+54.8%), Las Vegas (+49.4%), and Tucson (+45.0%) experienced the highest bumps in inventory growth this January.

January 2025 Housing Overview of the 50 Largest Metros 

Metro Area

Median Listing
Price

Median Listing
Price YoY

Median Listing
Price per Sq. Ft.
YoY

Median Listing
Price vs January
2019

Median Listing
Price per Sq. Ft.
vs January2019

Atlanta-Sandy Springs-Roswell, Ga.

$399,000

-2.7 %

-0.8 %

28.8 %

56.2 %

Austin-Round Rock-San Marcos, Texas

$494,667

-9.2 %

-5.2 %

41.9 %

54.5 %

Baltimore-Columbia-Towson, Md.

$349,900

6.8 %

1.4 %

17.0 %

27.1 %

Birmingham, Ala.

$284,925

0.7 %

0.2 %

25.6 %

36.3 %

Boston-Cambridge-Newton, Mass.-N.H.

$799,450

-1.3 %

1.4 %

49.7 %

69.0 %

Buffalo-Cheektowaga, N.Y.

$252,450

5.2 %

6.1 %

40.3 %

56.6 %

Charlotte-Concord-Gastonia, N.C.-S.C.

$420,000

5.0 %

1.7 %

29.2 %

63.1 %

Chicago-Naperville-Elgin, Ill.-Ind.

$343,498

-2.2 %

0.7 %

15.7 %

31.8 %

Cincinnati, Ohio-Ky.-Ind.

$319,450

-3.2 %

3.7 %

33.2 %

57.5 %

Cleveland, Ohio

$234,925

11.3 %

14.1 %

34.3 %

58.7 %

Columbus, Ohio

$340,725

-7.9 %

1.2 %

33.7 %

61.1 %

Dallas-Fort Worth-Arlington, Texas

$415,500

-3.6 %

-0.5 %

22.2 %

44.7 %

Denver-Aurora-Centennial, Colo.

$569,950

-5.0 %

-1.2 %

16.9 %

45.8 %

Detroit-Warren-Dearborn, Mich.

$239,950

4.5 %

3.8 %

9.7 %

28.3 %

Grand Rapids-Wyoming-Kentwood, Mich.

$374,500

-6.4 %

-2.2 %

38.8 %

52.3 %

Hartford-West Hartford-East Hartford, Conn.

$408,375

2.1 %

12.3 %

44.6 %

60.4 %

Houston-Pasadena-The Woodlands, Texas

$359,000

0.2 %

-0.7 %

17.1 %

38.4 %

Indianapolis-Carmel-Greenwood, Ind.

$300,000

-2.4 %

0.5 %

23.7 %

54.0 %

Jacksonville, Fla.

$385,000

-4.9 %

-2.8 %

29.6 %

52.1 %

Kansas City, Mo.-Kan.

$374,950

-10.3 %

-1.9 %

25.1 %

44.8 %

Las Vegas-Henderson-North Las Vegas, Nev.

$467,500

1.6 %

3.2 %

48.4 %

57.3 %

Los Angeles-Long Beach-Anaheim, Calif.

$1,089,500

-1.0 %

0.9 %

47.0 %

53.2 %

Louisville/Jefferson County, Ky.-Ind.

$305,950

-1.0 %

1.4 %

23.1 %

46.6 %

Memphis, Tenn.-Miss.-Ark.

$329,500

2.9 %

1.8 %

62.3 %

68.2 %

Miami-Fort Lauderdale-West Palm Beach, Fla.

$520,000

-7.9 %

-5.6 %

33.3 %

49.0 %

Milwaukee-Waukesha, Wis.

$362,500

6.0 %

8.0 %

45.2 %

53.9 %

Minneapolis-St. Paul-Bloomington, Minn.-Wis.

$425,000

0.0 %

-0.2 %

11.6 %

27.9 %

Nashville-Davidson-Murfreesboro-Franklin, Tenn.

$525,000

-6.2 %

-0.5 %

47.6 %

63.5 %

New York-Newark-Jersey City, N.Y.-N.J.

$750,000

0.1 %

0.0 %

37.6 %

81.1 %

Oklahoma City, Okla.

$312,368

-2.4 %

0.4 %

33.3 %

46.1 %

Orlando-Kissimmee-Sanford, Fla.

$419,900

-3.5 %

-2.3 %

40.0 %

54.8 %

Philadelphia-Camden-Wilmington, Pa.-N.J.-Del.-Md.

$352,000

4.4 %

5.0 %

40.9 %

61.0 %

Phoenix-Mesa-Chandler, Ariz.

$512,450

-4.2 %

0.0 %

47.3 %

60.2 %

Pittsburgh, Pa.

$229,700

-0.1 %

0.8 %

39.3 %

36.5 %

Portland-Vancouver-Hillsboro, Ore.-Wash.

$598,725

-0.8 %

0.1 %

26.4 %

40.6 %

Providence-Warwick, R.I.-Mass.

$521,175

3.2 %

8.3 %

48.9 %

54.1 %

Raleigh-Cary, N.C.

$440,000

-0.1 %

0.7 %

25.7 %

55.3 %

Richmond, Va.

$421,225

-4.9 %

2.5 %

35.9 %

61.3 %

Riverside-San Bernardino-Ontario, Calif.

$599,000

2.4 %

0.5 %

50.1 %

59.5 %

Sacramento-Roseville-Folsom, Calif.

$615,000

-2.4 %

-0.2 %

36.7 %

41.3 %

San Antonio-New Braunfels, Texas

$325,000

-3.2 %

-2.2 %

14.0 %

37.3 %

San Diego-Chula Vista-Carlsbad, Calif.

$950,000

-2.8 %

-0.7 %

44.1 %

64.9 %

San Francisco-Oakland-Fremont, Calif.

$882,000

-6.6 %

-5.7 %

6.0 %

18.3 %

San Jose-Sunnyvale-Santa Clara, Calif.

$1,268,000

-1.6 %

2.6 %

26.8 %

20.4 %

Seattle-Tacoma-Bellevue, Wash.

$725,813

-3.2 %

0.0 %

29.0 %

56.3 %

St. Louis, Mo.-Ill.

$274,950

-0.9 %

-1.6 %

37.8 %

30.9 %

Tampa-St. Petersburg-Clearwater, Fla.

$396,973

-5.4 %

-5.7 %

49.5 %

62.7 %

Tucson, Ariz.

$391,255

-1.9 %

-0.2 %

40.0 %

57.0 %

Virginia Beach-Chesapeake-Norfolk, Va.-N.C.

$389,450

2.8 %

5.5 %

41.6 %

54.0 %

Washington-Arlington-Alexandria, DC-Va.-Md.-W. Va.

$577,000

-2.9 %

0.9 %

31.5 %

59.5 %


Metro Area

Active Listing
Count YoY

New Listing
Count YoY

Median Days
on Market

Median Days
on Market Y-Y
(Days)

Price-
Reduced
Share

Price-
Reduced
Share Y-Y
(Percentage
Points)

Atlanta-Sandy Springs-Roswell, Ga.

38.1 %

13.2 %

66

10

18.5 %

2.6 pp

Austin-Round Rock-San Marcos, Texas

16.4 %

14.3 %

82

5

19.8 %

-2.4 pp

Baltimore-Columbia-Towson, Md.

24.0 %

4.1 %

53

0

11.9 %

-0.3 pp

Birmingham, Ala.

17.6 %

-2.7 %

75

4

16.1 %

1.9 pp

Boston-Cambridge-Newton, Mass.-N.H.

7.5 %

13.8 %

56

3

11.2 %

2.3 pp

Buffalo-Cheektowaga, N.Y.

14.7 %

6.4 %

71

3

7.2 %

1.0 pp

Charlotte-Concord-Gastonia, N.C.-S.C.

38.0 %

9.1 %

67

8

19.0 %

2.0 pp

Chicago-Naperville-Elgin, Ill.-Ind.

8.4 %

13.2 %

57

2

11.1 %

1.7 pp

Cincinnati, Ohio-Ky.-Ind.

19.3 %

-8.5 %

61

7

13.5 %

-0.2 pp

Cleveland, Ohio

7.9 %

-5.3 %

65

6

15.2 %

0.4 pp

Columbus, Ohio

30.9 %

7.5 %

59

4

18.2 %

0.7 pp

Dallas-Fort Worth-Arlington, Texas

35.7 %

12.5 %

69

7

20.9 %

1.6 pp

Denver-Aurora-Centennial, Colo.

54.8 %

20.7 %

72

10

18.0 %

2.9 pp

Detroit-Warren-Dearborn, Mich.

10.9 %

1.1 %

57

7

11.9 %

1.1 pp

Grand Rapids-Wyoming-Kentwood, Mich.

31.9 %

19.7 %

65

5

13.8 %

4.8 pp

Hartford-West Hartford-East Hartford, Conn.

1.8 %

5.7 %

51

-1

7.3 %

0.6 pp

Houston-Pasadena-The Woodlands, Texas

25.9 %

5.9 %

62

3

16.6 %

1.1 pp

Indianapolis-Carmel-Greenwood, Ind.

17.3 %

5.2 %

68

2

19.0 %

1.0 pp

Jacksonville, Fla.

40.0 %

13.0 %

74

8

24.3 %

3.3 pp

Kansas City, Mo.-Kan.

11.0 %

-4.3 %

78

2

11.6 %

0.7 pp

Las Vegas-Henderson-North Las Vegas, Nev.

49.4 %

24.1 %

62

3

16.4 %

2.3 pp

Los Angeles-Long Beach-Anaheim, Calif.

32.9 %

19.3 %

64

8

8.5 %

0.3 pp

Louisville/Jefferson County, Ky.-Ind.

15.9 %

-1.5 %

59

6

16.9 %

1.3 pp

Memphis, Tenn.-Miss.-Ark.

23.1 %

17.5 %

77

5

18.1 %

-0.3 pp

Miami-Fort Lauderdale-West Palm Beach, Fla.

40.8 %

4.1 %

79

11

18.8 %

0.7 pp

Milwaukee-Waukesha, Wis.

5.0 %

14.0 %

51

5

12.0 %

1.9 pp

Minneapolis-St. Paul-Bloomington, Minn.-Wis.

8.8 %

4.3 %

59

2

10.6 %

1.5 pp

Nashville-Davidson-Murfreesboro-Franklin, Tenn.

23.1 %

13.6 %

65

19

14.1 %

-0.8 pp

New York-Newark-Jersey City, N.Y.-N.J.

0.3 %

5.1 %

77

-3

5.8 %

-1.1 pp

Oklahoma City, Okla.

27.8 %

17.7 %

61

2

17.3 %

-2.2 pp

Orlando-Kissimmee-Sanford, Fla.

39.4 %

14.7 %

81

15

22.3 %

2.1 pp

Philadelphia-Camden-Wilmington, Pa.-N.J.-Del.-Md.

11.5 %

5.0 %

63

-3

12.3 %

0.7 pp

Phoenix-Mesa-Chandler, Ariz.

38.6 %

27.3 %

67

7

25.5 %

2.5 pp

Pittsburgh, Pa.

13.9 %

-1.7 %

84

5

13.1 %

-2.1 pp

Portland-Vancouver-Hillsboro, Ore.-Wash.

20.1 %

17.3 %

82

11

22.1 %

10.5 pp

Providence-Warwick, R.I.-Mass.

11.1 %

12.6 %

52

-3

13.3 %

5.4 pp

Raleigh-Cary, N.C.

32.2 %

10.1 %

71

9

14.7 %

3.1 pp

Richmond, Va.

13.4 %

-4.6 %

56

-5

11.8 %

3.4 pp

Riverside-San Bernardino-Ontario, Calif.

39.1 %

14.2 %

71

7

14.1 %

1.7 pp

Sacramento-Roseville-Folsom, Calif.

33.9 %

31.7 %

61

6

13.5 %

2.1 pp

San Antonio-New Braunfels, Texas

15.5 %

-2.5 %

78

3

20.9 %

-0.7 pp

San Diego-Chula Vista-Carlsbad, Calif.

44.5 %

15.9 %

51

8

12.7 %

2.7 pp

San Francisco-Oakland-Fremont, Calif.

23.9 %

21.3 %

56

7

8.1 %

1.1 pp

San Jose-Sunnyvale-Santa Clara, Calif.

19.4 %

20.6 %

44

2

6.0 %

0.8 pp

Seattle-Tacoma-Bellevue, Wash.

31.5 %

24.7 %

62

3

11.8 %

3.9 pp

St. Louis, Mo.-Ill.

10.0 %

2.3 %

62

3

12.3 %

-1.1 pp

Tampa-St. Petersburg-Clearwater, Fla.

27.4 %

11.8 %

70

6

24.8 %

-0.2 pp

Tucson, Ariz.

45.0 %

22.9 %

64

10

18.4 %

-0.7 pp

Virginia Beach-Chesapeake-Norfolk, Va.-N.C.

22.2 %

6.9 %

52

3

17.1 %

2.5 pp

Washington-Arlington-Alexandria, DC-Va.-Md.-W. Va.

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 U.S. metropolitan areas as defined by the Office of Management and Budget (OMB-202301) and Claritas 2025 estimates of household counts. With the release of its January 2025 housing trends report, Realtor.com® has restated data points for some previous months. As a result of these changes, some of the data released since January 2025 will not be directly comparable with previous data releases (files downloaded before January 2025) and Realtor.com® economics research reports.

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

Cision View original content:https://www.prnewswire.com/news-releases/the-new-year-brings-more-inventory-to-the-market-302363699.html

SOURCE Realtor.com

FAQ

What was the median home listing price in January 2025?

The median home listing price in January 2025 was $400,500, representing a 2.2% decrease compared to January 2024.

Which cities saw the highest inventory growth in January 2025?

Denver (+54.8%), Las Vegas (+49.4%), and Tucson (+45.0%) experienced the highest inventory growth in January 2025.

What percentage of homes had price reductions in January 2025?

15.6% of listed homes had price reductions in January 2025, up from 14.7% in January 2024.

Which regions showed the strongest inventory recovery compared to pre-pandemic levels?

The South (-10.0%) and West (-13.3%) regions showed the strongest inventory recovery compared to pre-pandemic levels.

How much did new listings increase month-over-month in January 2025?

New listings increased by 37.5% month-over-month in January 2025.

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