April 2025
Overall, April remained fairly consistent with market trends we've seen so far in 2025. New Listings were up slightly, and Total Active Inventory is 34% higher than April 2024. Total Homes Sold were also up slightly, with 35 sold in April 25. Days on Market has slowly been increasing, and homes in April sold on average in 84 days compared to 48 days in April 2024. New Pending Sales saw a jump, rising 25% over last April.
Year to Date - January - April 2025
As the whole, the market is down slightly, with most statistics showing decreases between 13-24%. Don't let this scare you! The market remains strong - it's just settling into a normal pace. There have been 20 less homes sold so far in 2025, and average prices (and median sold prices) have dropped around 14%. An encouraging piece of data is that almost half - 45% to be exact - of homes sold so far in 2025 were cash closings. What does that mean for the market? It means that serious buyers are active in the market and truly looking to find the right home.
Buyers
We're in the thick of listing season! New homes are properties are hitting the market every day and it can be easy to get lost in notifications and miss a listing. It's also not always easy to see a home's true representation online! That's where an experienced and local agent comes into play. Your Railey Realty REALTOR is not only familiar with the area, but they're familiar with all of the currently listed properties and most likely have past experience with homes in similar areas or neighborhoods. Instead of submitting a Zillow inquiry and getting emails or calls from random agents, you'll have one agent to connect with about properties. They're happy to do virtual tours, preview homes prior to your showings to make sure they fit your needs, and keep you up to date. The Railey Realty network is the largest and highest producing group of agents - that means your agent will learn about new listings before they even hit the market. The highest price doesn't always mean the seller chooses that contract. Having an expert negotiator is absolutely critical!
Sellers
We're in peak season at Deep Creek! Listing your home during the summer months means that you'll get the absolute maximum exposure just by being active on the market. Want your home to stand out and sell? That's where we come in. Any agent can list your home and put a sign your yard. There's a reason 60% of sellers choose Railey Realty when listing their home! Our proven marketing strategies include a combination of digital and traditional advertising, top notch online presentation, and comprehensive pricing strategy. Don't squander peak season with a sub-par presentation of your home!
Ready to get started? Call us 7 days a week or fill out an online contact form.
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