Market Action Report For January 2025

Are we back to a seasonal market? What will the spring look like

This report analyzes the North Coastal Counties real estate market for January 2025, highlighting significant shifts compared to the previous year and the prior month. Key trends include a substantial increase in new listings and pending sales year-over-year, a decrease in closed sales, a longer time on the market, and a decrease in average and median sale prices when comparing January 2025 to January 2024, and a small increase in average and median sale prices when comparing the rolling 12 months to the previous 12 months. So where is the market trending? It is hard to say, traditionally The market also shows considerable variation across different price points and specific sub-areas within the North Coastal region. See the full report below!

Jan Market Action Report North Coastal Counties.pdf

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