If you’ve been contemplating selling your home, you’re not alone... and you might be in a better position than you think.

Despite higher mortgage rates and a growing number of homes on the market, home prices have continued to climb in 2024, surprising many experts. In fact, this year is projected to close with a 4% increase in home prices, a major jump from just 1.1% in 2023. And the outlook for 2025? Continued growth, with prices expected to rise another 3.7%, though at a slightly more moderate pace.

So, What’s Driving These Trends?

At first glance, rising inventory (more homes available for sale) might seem like it would cool prices, and to an extent, that’s true. We’re forecasting inventory to be 11.7% higher this year compared to 2024. But on the other hand, mortgage rates are expected to dip slightly, which tends to fuel buyer activity. When you combine these opposing forces, you get steady (but modest) price growth.

Even with mortgage payments remaining relatively steady, there’s a potential silver lining: if household incomes grow or tax rates decrease under future economic policies, homes could become more affordable, drawing even more motivated buyers into the market.

What Does This Mean for You as a Seller?

If you’re considering selling your home, now is a strategic time to make a move. Buyers are adjusting to current mortgage rates, and the market continues to reward well-prepared, competitively priced homes with strong offers.

That’s where we come in.

Why Sell with Unity Concord Real Estate?

At Unity Concord Real Estate, we understand the balance between timing, pricing, and presentation. Our role is to be your advocate... helping you navigate shifting market trends with confidence, strategy, and personalized guidance.

Whether you're curious about what your home is worth in today's market, or you're ready to take the first step, we’re here to offer the insight and support you need for a successful sale.

Let’s start the conversation. Your home deserves a strategy... and a partner.. that’s aligned with your goals, connect with our trusted advisors today for a fruitful outcome!

Ready to talk?

📞 Contact Ty Allen at Unity Concord Real Estate🏡

Receive the Latest Local Market Stats

Curious about local real estate? So are we! Every month we review trends in our real estate market and consider the number of homes on the market in each price tier, the amount of time particular homes have been listed for sale, specific neighborhood trends, the median price and square footage of each home sold and so much more. We’d love to invite you to do the same!

Get Local Market Reports Sent Directly to You

You can sign up here to receive your own market report, delivered as often as you like! It contains current information on pending, active and just sold properties so you can see actual homes in your neighborhood. You can review your area on a larger scale, as well, by refining your search to include properties across the city or county. As you notice price and size trends, please contact us for clarification or to have any questions answered.

We can definitely fill you in on details that are not listed on the report and help you determine the best home for you. If you are wondering if now is the time to sell, please try out our INSTANT home value tool. You’ll get an estimate on the value of your property in today’s market. Either way, we hope to hear from you soon as you get to know our neighborhoods and local real estate market better.