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What’s Happening in the Housing Market? | February 2025 National Report Summary

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What’s Happening in the Housing Market? | February 2025 National Report Summary

📈 New Listings Begin to Dominate

For the first time in months, new listings are starting to outpace sales, signaling renewed seller confidence and more options for buyers. As inventory builds, we’re watching closely to see how this shift impacts home prices and market velocity.

🏡 Who’s Buying Homes Right Now?

  • 28% of homes were purchased by first-time homebuyers, showing ongoing demand at entry levels.
  • 17% of purchases came from investors or vacation-home buyers, particularly in lifestyle markets.
  • A strong 29% of all sales were all-cash transactions, underscoring the presence of affluent and investment-focused buyers.
  • A striking 84% of buyers opted for suburban or rural areas, continuing the trend of moving away from dense urban cores in favor of space and lifestyle.

💰 Home Prices: The High End Is Hot

  • Homes priced over $1,000,000 saw a 27% increase in sales year-over-year, a testament to the growing influence of luxury buyers.
  • Conversely, sales of homes under $250,000 declined, reflecting both shrinking inventory in that price range and affordability challenges.

📌 A Note on National Trends

While national data is helpful for understanding broad market shifts, it’s important to remember that real estate is local. Market dynamics in Naples, Bonita Springs, Estero, and Marco Island may vary significantly from the national picture.

Want to dive deeper into the full Compass February 2025 National Market Report?
Click here to view the digital flipbook: Compass February 2025 Market Report