"After years of constrained conditions, the 2025 housing market is giving buyers something they haven't had in a long time: options, said Danielle Hale, chief economist at Realtor.com. I expect this market momentum shift to magnify typical seasonal trends that favor homebuyers in the fall. In a year that's been the most buyer-friendly in nearly a decade, it's the best window of opportunity for homebuyers all year."
"The report highlights several factors driving mid-October's advantage: Listings are at their highest point since before the pandemic, offering buyers more choices. High mortgage rates and affordability challenges have slowed buyer activity, reducing competition. Homes are spending longer on the market, giving buyers more time to negotiate. Prices are on average 3.4% below peak levels, with roughly 5.5% of homes seeing reductions."
"New listings typically increase by about 15.7% compared to early-year levels. Active listings surpassed 1 million in late spring, a milestone not reached in years. Elevated borrowing costs and stronger rental alternatives have also sidelined some buyers, adding to available supply. While the market has not yet tipped into a full buyer's market,' conditions are more balanced than they have been in years, Hale said."
The week of Oct. 12–18, 2025 is projected to be the best buying window, with 32.6% more active listings than the start of the year, average prices roughly $15,000 below summer peaks, and 30.6% less competition. Listings are at their highest level since before the pandemic, with active listings topping 1 million in late spring. New listings rise about 15.7% versus early-year levels. Prices average 3.4% below peak and about 5.5% of homes show reductions. Higher mortgage rates and stronger rental alternatives have slowed buyer demand, lengthening time on market and improving negotiating leverage. Timing varies by metro.
Read at www.housingwire.com
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