May 2025 STAT Report

The May 2025 Housing Statistics Report highlights key shifts in the real estate market across multiple metrics. Listings showed mixed changes with some areas experiencing growth while others saw declines, reflecting regional supply variations. Price data revealed slight decreases in both average and median price per square foot compared to prior months, though year-over-year changes were modest. Market activity indicators such as supply levels and absorption rates signaled a balancing market, with absorption softening compared to last year. Meanwhile, average and median sales prices posted slight month-over-month gains, while days on market remained relatively stable, suggesting steady buyer activity despite affordability pressures.