The latest January housing numbers are in, and they give us a helpful look at how the market has shifted since this time last year. We’re seeing more homes available, steady buyer activity, and home prices continuing to rise.
Here’s a quick snapshot of how this January compares to last January:
- Active Listings: 388 (up 16.9%)
- New Listings: 111 (up 4.7%)
- Pending Sales: 111 (up 5.7%)
- Closed Sales: 59 (up 9.3%)
- Median Sale Price: $350,000 (up 6.2%)
What’s Changing in the Market
More Homes for Sale
There are noticeably more active listings than last January, giving buyers more options and helping ease some of the tight inventory we’ve seen in recent years.
Steady Flow of New Listings
New homes coming on the market have increased slightly, which continues to support a healthier balance between buyers and sellers.
Buyers Are Still Moving Forward
Both pending and closed sales are higher than last January, showing that people are still actively buying and homes are successfully closing.
Home Values Continue to Rise
The median sale price is up just over 6% from last January, signaling continued strength in home values despite more inventory being available.
My Take
Compared to last January, the market feels more balanced but still very active. Buyers have more choice than they did a year ago, while sellers are benefiting from steady demand and rising prices.
The takeaway: things are moving, just with a bit more breathing room than last year.
If you’re curious what this means for your neighborhood, your home’s value, or your plans this year, let’s connect.
In Service,
Dr. Cal
Leave a Reply