RE/MAX NATIONAL HOUSING REPORT FOR MARCH 2025
RE/MAX reports significant market activity in March 2025, with home sales surging 23.0% from February, marking the largest month-over-month increase since March 2023. However, sales declined 1.4% year-over-year. Inventory levels showed substantial growth, with available homes up 35.5% from March 2024 and new listings increasing 29.8% from February.
The Median Sales Price reached $435,000, up 1.8% from February and 3.5% year-over-year. Market efficiency indicators remained stable, with buyers paying 99% of asking price and average Days on Market decreasing to 44 days from February's 51 days. The Months' Supply of Inventory stood at 2.3, showing improvement from last year's 1.7.
Regionally, Burlington, VT led price gains (+22.4% YoY), while San Francisco maintained the highest close-to-list price ratio at 104.8%. Washington D.C. experienced the largest monthly inventory increase at 25.3%.
RE/MAX segnala un'attività di mercato significativa a marzo 2025, con le vendite di case in aumento del 23,0% rispetto a febbraio, registrando la crescita mensile più alta da marzo 2023. Tuttavia, le vendite sono diminuite dell'1,4% su base annua. I livelli di inventario hanno mostrato una crescita considerevole, con case disponibili in aumento del 35,5% rispetto a marzo 2024 e nuove inserzioni cresciute del 29,8% rispetto a febbraio.
Il Prezzo Medio di Vendita ha raggiunto i 435.000 dollari, in aumento dell'1,8% rispetto a febbraio e del 3,5% su base annua. Gli indicatori di efficienza del mercato sono rimasti stabili, con gli acquirenti che hanno pagato il 99% del prezzo richiesto e i giorni medi sul mercato diminuiti a 44 giorni rispetto ai 51 di febbraio. L'offerta di mesi di inventario si è attestata a 2,3, mostrando un miglioramento rispetto all'1,7 dell'anno precedente.
A livello regionale, Burlington, VT ha guidato i guadagni di prezzo (+22,4% su base annua), mentre San Francisco ha mantenuto il rapporto prezzo di chiusura/prezzo richiesto più alto al 104,8%. Washington D.C. ha registrato l'aumento mensile più consistente dell'inventario, pari al 25,3%.
RE/MAX informa de una actividad significativa en el mercado en marzo de 2025, con las ventas de viviendas aumentando un 23,0% respecto a febrero, marcando el mayor incremento mensual desde marzo de 2023. Sin embargo, las ventas disminuyeron un 1,4% interanual. Los niveles de inventario mostraron un crecimiento considerable, con viviendas disponibles aumentando un 35,5% respecto a marzo de 2024 y las nuevas listas incrementándose un 29,8% respecto a febrero.
El Precio Medio de Venta alcanzó los 435,000 dólares, un aumento del 1,8% respecto a febrero y del 3,5% interanual. Los indicadores de eficiencia del mercado se mantuvieron estables, con los compradores pagando el 99% del precio solicitado y los días promedio en el mercado disminuyendo a 44 días desde los 51 de febrero. El suministro en meses de inventario se situó en 2,3, mostrando una mejora respecto al 1,7 del año pasado.
A nivel regional, Burlington, VT lideró las ganancias de precio (+22,4% interanual), mientras que San Francisco mantuvo la relación más alta de precio de cierre sobre precio solicitado con un 104,8%. Washington D.C. experimentó el mayor aumento mensual de inventario con un 25,3%.
RE/MAX는 2025년 3월에 시장 활동이 크게 증가했다고 보고했습니다. 2월 대비 주택 판매가 23.0% 급증하며 2023년 3월 이후 최대 월간 증가율을 기록했습니다. 그러나 전년 대비 판매는 1.4% 감소했습니다. 재고 수준은 크게 증가하여 2024년 3월 대비 이용 가능한 주택이 35.5% 증가했고, 신규 매물도 2월 대비 29.8% 늘어났습니다.
중간 판매 가격은 435,000달러에 달하며 2월 대비 1.8%, 전년 대비 3.5% 상승했습니다. 시장 효율성 지표는 안정적이었으며, 구매자는 요청 가격의 99%를 지불했고 평균 시장 체류 기간은 2월의 51일에서 44일로 감소했습니다. 재고 월 공급량은 2.3으로 지난해 1.7보다 개선되었습니다.
지역별로는 버링턴, VT가 가격 상승을 주도(+22.4% 전년 대비)했으며, 샌프란시스코는 가장 높은 마감가 대비 요청가 비율인 104.8%를 유지했습니다. 워싱턴 D.C.는 월간 재고 증가율이 25.3%로 가장 컸습니다.
RE/MAX rapporte une activité significative du marché en mars 2025, avec une hausse des ventes de logements de 23,0% par rapport à février, marquant la plus forte augmentation mensuelle depuis mars 2023. Cependant, les ventes ont diminué de 1,4% sur un an. Les niveaux d'inventaire ont connu une croissance importante, avec une augmentation de 35,5% des logements disponibles par rapport à mars 2024 et une hausse de 29,8% des nouvelles annonces par rapport à février.
Le prix médian de vente a atteint 435 000 dollars, en hausse de 1,8% par rapport à février et de 3,5% sur un an. Les indicateurs d'efficacité du marché sont restés stables, les acheteurs payant 99% du prix demandé et la durée moyenne sur le marché diminuant à 44 jours contre 51 en février. Le stock disponible en mois d'inventaire s'est établi à 2,3, montrant une amélioration par rapport à 1,7 l'année précédente.
Au niveau régional, Burlington, VT a enregistré les plus fortes hausses de prix (+22,4% sur un an), tandis que San Francisco a conservé le ratio le plus élevé de prix de vente par rapport au prix demandé à 104,8%. Washington D.C. a connu la plus forte augmentation mensuelle des stocks avec 25,3%.
RE/MAX meldet eine signifikante Marktaktivität im März 2025, mit einem Anstieg der Hausverkäufe um 23,0% gegenüber Februar, was den größten monatlichen Zuwachs seit März 2023 darstellt. Die Verkäufe gingen jedoch im Jahresvergleich um 1,4% zurück. Die Bestandsmengen zeigten ein deutliches Wachstum, wobei verfügbare Häuser im Vergleich zu März 2024 um 35,5% zunahmen und neue Angebote im Vergleich zu Februar um 29,8% stiegen.
Der mittlere Verkaufspreis erreichte 435.000 Dollar, ein Anstieg von 1,8% gegenüber Februar und 3,5% im Jahresvergleich. Die Markteffizienzindikatoren blieben stabil, Käufer zahlten 99% des geforderten Preises und die durchschnittlichen Tage auf dem Markt sanken von 51 Tagen im Februar auf 44 Tage. Die Angebotsmonate lagen bei 2,3 und verbesserten sich damit gegenüber 1,7 im Vorjahr.
Regional führte Burlington, VT die Preissteigerungen an (+22,4% im Jahresvergleich), während San Francisco das höchste Verhältnis von Verkaufspreis zu Listenpreis mit 104,8% beibehielt. Washington D.C. verzeichnete den größten monatlichen Anstieg des Bestands mit 25,3%.
- Home sales increased 23.0% month-over-month, strongest since March 2023
- Median Sales Price rose 3.5% year-over-year to $435,000
- Available inventory increased 35.5% year-over-year
- New listings grew 29.8% from February and 7.9% year-over-year
- Days on Market improved to 44 days from 51 in February
- Home sales declined 1.4% compared to March 2024
- Days on Market increased by 5 days compared to March 2024
- Some major markets showed significant sales declines (Bozeman -11.9%, New Orleans -11.7%, Atlanta -9.5%)
Insights
RE/MAX's March report shows robust spring market with strong month-over-month sales growth despite slight YoY decline; favorable for company's transaction revenue.
The March housing report presents a strengthening spring market that should positively impact RE/MAX's transaction-based revenue model. The 23% month-over-month sales increase represents the strongest February-to-March jump since 2023, signaling robust seasonal momentum despite the marginal 1.4% year-over-year decline.
The 35.5% year-over-year inventory increase coupled with 7.9% more new listings compared to March 2024 creates a healthier market balance that facilitates more transactions - the lifeblood of RE/MAX's business model. The $435,000 median sales price (up 3.5% year-over-year) maintains solid price appreciation without severely impacting affordability.
For RE/MAX's business specifically, these metrics translate to more potential transactions per agent and sustained commission values due to price appreciation. The 99% close-to-list price ratio indicates sellers are still achieving near-asking prices, which supports agent productivity and commission stability.
The days-on-market increase to 44 days (from 39 last year) reflects a normalizing market rather than distress, giving buyers more time for decision-making while still representing relatively quick sales in historical context. Most importantly, the 29.8% month-over-month surge in new listings provides fresh inventory that can translate directly into more transaction opportunities for RE/MAX agents heading into the critical summer selling season.
CEO Erik Carlson's assessment that conditions are "the most favorable they've seen in the past few years" signals management confidence in the current market environment. The data supports this view, as the combination of improved inventory, price stability, and transaction volume creates an operating environment conducive to brokerage growth.
March Home Sales Jump
The surge in month-over-month sales across the 50 metro areas surveyed may have been fueled by a growing number of sellers and available properties. The number of homes for sale in March increased
March's Median Sales Price increased to
"As we enter the prime homebuying season, the uptick in sales and inventory may lead to even more positive market activity," said RE/MAX Holdings CEO Erik Carlson. "With a relatively good supply of homes for sale, and rates holding with signs of some improvement, many buyers are finding current market conditions to be the most favorable they've seen in the past few years."
Other metrics of note:
- Buyers paid
99% of the asking price in March – the same as in February 2025 and March 2024. - Days on Market dropped to 44 days compared to 51 in February, while homes were on the market five days longer than in March 2024.
- Months' Supply of Inventory was 2.3, down from 2.7 in February but up from 1.7 a year ago.
Highlights and local market results for March include:
New Listings
In the 50 metro areas surveyed in March 2025, the number of newly listed homes was up
New Listings: | |||
Market | Mar 2025 | Mar 2024 | Year-over-Year % |
4,766 | 3,724 | +28.0 % | |
6,286 | 4,969 | +26.5 % | |
389 | 308 | +26.3 % | |
16,032 | 13,299 | +20.6 % | |
4,307 | 3,665 | +17.5 % | |
Closed Transactions
Of the 50 metro areas surveyed in March 2025, the overall number of home sales was down
Closed Transactions: | |||
Market | Mar 2025 | Mar 2024 | Year-over-Year % |
119 | 135 | -11.9 % | |
770 | 872 | -11.7 % | |
6,133 | 6,780 | -9.5 % | |
1,888 | 2,081 | -9.3 % | |
3,171 | 3,478 | -8.8 % | |
Median Sales Price – Median of 50 metro area prices
In March 2025, the median of all 50 metro area sales prices was
Median Sales Price: | |||
Market | Mar 2025 | Mar 2024 | Year-over-Year % |
+22.4 % | |||
+9.7 % | |||
+8.8 % | |||
+8.1 % | |||
+7.2 % | |||
Close-to-List Price Ratio – Average of 50 metro area prices
In March 2025, the average close-to-list price ratio of all 50 metro areas in the report was
Close-to-List Price Ratio: | |||
Market | Mar 2025 | Mar 2024 | Year-over-Year |
104.8 % | 105.0 % | -0.2 pp | |
103.3 % | 103.5 % | -0.2 pp | |
101.3 % | 102.0 % | -0.7 pp | |
101.2 % | 101.5 % | -0.3 pp | |
100.8 % | 101.8 % | -0.9 pp | |
*Difference displayed as change in percentage points | |||
Days on Market – Average of 50 metro areas
The average days on market for homes sold in March 2025 was 44, up five days compared to the average in March 2024 and down seven days compared to February 2025. The metro areas with the highest days on market averages were
Days on Market: | |||
Market | Mar 2025 | Mar 2024 | Year-over-Year % |
84 | 66 | +27.3 % | |
80 | 79 | +1.7 % | |
75 | 61 | +23.8 % | |
75 | 60 | +25.6 % | |
74 | 65 | +14.9 % | |
Months' Supply of Inventory – Average of 50 metro areas
The number of homes for sale in March 2025 was up
Months' Supply of Inventory: | |||
Market | Mar 2025 | Mar 2024 | Year-over-Year % |
0.7 | 0.7 | +6.1 % | |
0.9 | 0.7 | +26.2 % | |
0.9 | 0.6 | +51.1 % | |
1.0 | 0.8 | +19.3 % | |
1.1 | 0.9 | +20.2 % | |
About the RE/MAX Network
As one of the leading global real estate franchisors, RE/MAX, LLC is a subsidiary of RE/MAX Holdings (NYSE: RMAX) with more than 145,000 agents in nearly 9,000 offices and a presence in more than 110 countries and territories. Nobody in the world sells more real estate than RE/MAX, as measured by residential transaction sides. RE/MAX was founded in 1973 by Dave and Gail Liniger, with an innovative, entrepreneurial culture affording its agents and franchisees the flexibility to operate their businesses with great independence. RE/MAX agents have lived, worked and served in their local communities for decades, raising millions of dollars every year for Children's Miracle Network Hospitals® and other charities. To learn more about RE/MAX, to search home listings or find an agent in your community, please visit www.remax.com. For the latest news about RE/MAX, please visit news.remax.com.
Report Details
The RE/MAX National Housing Report is distributed monthly on or about the 15th. The Report is based on MLS data for the stated month in 50 metropolitan areas, includes single-family residential property types, and is not annualized. For maximum representation, most of the largest metro areas in the country are represented, and an attempt is made to include at least one metro area in almost every state. Metro areas are defined by the Core Based Statistical Areas (CBSAs) established by the
Definitions
Closed Transactions are the total number of closed residential transactions during the given month. Months Supply of Inventory is the total number of residential properties listed for sale at the end of the month (current inventory) divided by the number of sales contracts signed (pending listings) during the month. Where "pending" data is unavailable, an inferred pending status is calculated using closed transactions. Days on Market is the average number of days that pass from the time a property is listed until the property goes under contract. Median Sales Price for a metro area is the median sales price for closed transactions in that metro area. The nationwide Median Sales Price is calculated at the nationwide aggregate level using all sale prices from the included metro areas. The Close-to-List Price Ratio is the average value of the sales price divided by the list price for each closed transaction.
MLS data is provided by Seventy3, LLC, a RE/MAX Holdings company. While MLS data is believed to be reliable, it cannot be guaranteed. MLS data is constantly being updated, making any analysis a snapshot at a particular time. Every month, the previous period's data is updated to ensure accuracy over time. Raw data remains the intellectual property of each local MLS organization.
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SOURCE RE/MAX, LLC
FAQ
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