Single Family
Months of inventory for single-family homes numbered 4.2 at the end of the first quarter of 2025, up slightly from the 3.7 months recorded at the end of the first quarter of 2024.
The number of months of inventory is the number of months it would take to sell current inventories at the current rate of sales activity.
Despite a more balanced market, single-family homes spent less time on the market in the first quarter of 2025 than they had a year earlier.
The median number of days on market for sold single-family homes was 22 in the first quarter of 2025, down slightly from 25 days in the first quarter of 2024.
Townhouse/row
Months of inventory for townhouse and row units numbered 3.2 at the end of the first quarter of 2025, up slightly from the 2.8 months recorded at the end of the first quarter of 2024.
The number of months of inventory is the number of months it would take to sell current inventories at the current rate of sales activity.
With a more balanced market, townhouse and row units spent more time on the market in the first quarter of 2025 than they had a year earlier.
The median number of days on market for sold townhouse and row units was 23.5 in the first quarter of 2025, up slightly from 21 days in the first quarter of 2024.
Condominium
Months of inventory for condominium units numbered 4.1 at the end of the first quarter of 2025, up slightly from the 3.8 months recorded at the end of the first quarter of 2024.
The number of months of inventory is the number of months it would take to sell current inventories at the current rate of sales activity.
Despite a more balanced market, condominium units spent less time on the market in the first quarter of 2025 than they had a year earlier.
The median number of days on market for sold condominium units was 26 in the first quarter of 2025, down slightly from 28 days in the first quarter of 2024.
