But the latest data tells a more nuanced story.
For the first time this year, weekly home sales topped 2024 levels. Inventory is up 30% year over year. And the median home price? Just 1% higher than this time last year. (Altos Research)
Nationally, the market is moving—but prices aren’t surging.
Affordability is still a hurdle. A typical home now eats up 32% of the average U.S. wage—above the 28% lending benchmark. (ATTOM Data)
Of course, real estate is local. Some areas are still seeing bidding wars and above-ask offers. Others? More price cuts, longer days on market, and more room for buyers to negotiate.
It all depends on your neighborhood, your price point, and how much competition there is on either side.
This spring isn’t one-size-fits-all. I’ll keep you informed as the market evolves.
P.S. I’d be a terrible Realtor if I didn’t ask: If you were to get a great offer for your home, would you consider selling? If yes, just reply to this email—let’s talk.
