May 2025 Real Estate Market Snapshot: What Buyers & Sellers Need to Know

As we step into May, it’s clear that our real estate market is staying active and evolving. Whether you’re planning to buy, sell, or simply keeping an eye on trends, here’s a breakdown of the key stats you need to know — and what they mean for you.

The Numbers at a Glance

Average Sales Price: $592,686 Properties Sold: 7,284 Under Contract: 7,057 Active Listings: 26,852 Average Days on Market: 72

Market Trends: A Closer Look

Prices Are on the Rise The average sales price has climbed to $592,686 — up 3.2% from April 2024. This steady appreciation reflects both strong buyer demand and continued confidence in the market. For homeowners, this is encouraging news if you’re considering selling and want to maximize your return. Buyers Are Active With 7,057 properties under contract and 7,284 homes sold last month, buyer activity remains robust. These numbers represent a 3.8% increase in homes sold and a 3.2% increase in contracts compared to last month. If you’re a seller, this means motivated buyers are still out there — but pricing and presentation remain key. Inventory is Expanding There are 26,852 active and coming-soon listings on the market, giving buyers more options than they’ve had in recent months. If you’re house hunting, now is a great time to explore the increased inventory — but be prepared to act quickly on homes that are well-priced and well-presented. Homes Are Moving Steadily The average days on market is 72. While this indicates a balanced pace (not too fast, not too slow), homes that are competitively priced and show-ready are still moving faster.

What Does This Mean for You?

Sellers: Now is a prime time to list. Rising prices and strong buyer demand work in your favor. With homes spending just over two months on the market, a well-prepared listing can attract serious offers.

Buyers: While prices are rising, increased inventory means more choices. Acting strategically and working with an experienced Realtor will position you to secure a great property before prices rise further.

Investors: Market growth signals potential for appreciation, and with rental demand still high in many areas, it’s worth evaluating both purchase and rental opportunities.

Let’s Talk About Your Goals

Every market shift brings opportunities — and having the right guidance makes all the difference. Whether you want to sell your home or curious about your home’s current value, interested in buying, or just want to stay informed, we’re here to help.

Reach out to The Araizas today and let’s strategize your next move.

The Araizas

602.529.8356