How low inventory, multiple offers, and more are shaping our market.
Are you thinking about buying or selling a home this year? The spring market is already here, and things are moving fast. With the changes in the market this 2025, it’s important to understand what’s happening before making a move. Today, we will break down the key trends shaping today’s market.
Low inventory remains a challenge. Housing supply is still very limited, continuing a trend we’ve seen for a while. Normally, winter weather keeps listings low. However, even with a mild season this spring, the inventory hasn’t picked up. This means buyers have fewer choices, and sellers have less competition.
Serious buyers are driving quick sales. Homes aren’t getting dozens of showings, but they are selling fast. The buyers in today’s market are pre-approved, motivated, and ready to purchase. If a home is priced well and in good condition, it’s likely to move quickly.
“Low inventory means sellers have a great opportunity, while buyers need to act quickly.”
Multiple offers are back. Low supply is leading to some multiple-offer situations. While rising interest rates have kept home prices from climbing too high, demand is still strong. Prices aren’t dropping, and competition remains steady.
Sellers must be market-ready. A few years ago, sellers could list a home in any condition and get offers. That’s not the case anymore. Buyers now expect move-in ready homes. If you’re selling, clean, stage, and prepare your home to stand out.
The spring market is moving fast, and the right strategy can make all the difference. Low inventory means sellers have a great opportunity, while buyers need to act quickly. If you’re thinking about buying or selling, you don’t have to do it alone. Call or text us at 952-212-3597 or email us at ChadandSara@edinarealty.com. We’ll help you navigate the market and make the best move for your goals.
