REAL ESTATE UPDATES


		NewPanda REAL ESTATE UPDATE

REAL ESTATE UPDATES

Here's the latest news and headlines on property investments, housing, mortgages, refinancing, and real estate markets.

February 2025 brought 4.26 million in sales, a median sales price of $398,400, and 3.5 months of inventory. The median sales price is up 3.8% year-over-year, and inventory was up 0.5 months from February 2024.


	KEY HIGHLIGHTS:

	•	New listings 19% lower than pre-pandemic levels

	•	Median age on the market: 51 days

	•	Pending inventory increased 0.3% from last year

		Spring brings more listings and opportunities for buyers
		With increased inventory and more competitive pricing, it's an opportune time to explore the market and find the right fit.

		Majority of home sellers think they'll get more than asking. Here's what's fueling their confidence
		While the market isn’t without challenges, sellers this season are feeling hopeful, and many are making smart moves to get ahead.

		Later life milestones are redefining U.S. homeownership
		The demographic makeup of U.S. households is shifting. These aren’t temporary fluctuations; they reflect structural societal shifts that are reshaping housing demand.

“Affordability remains a significant challenge, but overall, we see the U.S. housing market as healthy. Supply and demand conditions should support market values over the intermediate term while incentivizing new home construction.”

- Russell Price, Ameriprise Financial

Questions on sales - nationwide or right here in our neighborhood?

I'm always here to help with questions on buying, selling or anything home.

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		DID YOU KNOW?


	Iowa’s Field of Dreams is real

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