November 2025 Market Overview

📉 Market Overview – November 2025

• Total Homes Sold: 2,584

  • This represents a 13.2% decrease from November 2024.

  • Breakdown:

    • 1,923 Single-Family Homes

    • 661 Condos/Townhomes

• The drop in sales indicates a slowdown in buyer activity, likely due to seasonal trends or affordability pressures.

⏳ Days on Market

• 46 median days on market, up from 45 last month.

  • This signals homes are taking slightly longer to sell — a trend consistent with a cooling market and rising inventory.

💲 Pricing Trends

• Median Price per Sq. Ft.: $232.42

• Single-Family Homes:

  • $570,000 median price, up 0.88% from last November

• Condos/Townhomes:

  • $409,900 median price, down 0.02% year-over-year

Takeaway:

• Prices for single-family homes are still growing modestly, while condo/townhome values have flattened, suggesting weakened demand or price resistance in that segment.

🏠 Residential Inventory

• 3,494 new listings entered in November 2025

• Compared to 3,413 listings in November 2024

  • This is a 2.37% increase in listings year-over-year, providing more options for buyers.

🔍 Key Insights

✅ For Buyers:

• More inventory + longer days on market = improved negotiating leverage.

• Condo/townhome prices have stabilized, which may be appealing for affordability-conscious buyers.

✅ For Sellers:

• Price growth is modest, especially for single-family homes.

• Be prepared for longer time on market and increased competition from other listings.

✅ For Investors:

• The condo/townhome market may offer flat but stable entry points.

• The slowdown in sales volume could signal strategic timing opportunities for longer-term holds.

📌 Bottom Line

November 2025 reflects a cooling but stable market with rising inventory, extended days on market, and very modest price movements. It's a transitional moment where buyers gain leverage, while sellers must adapt to a more competitive landscape.