2025 2nd Quarter Market Update

Can you believe we’re already in the second half of the year? I can’t!

Today I’m providing you with the 2^nd quarter market update. Prices are holding strong, and in many areas, sales prices are still inching upward. Interest rates are currently in the 6.5 to 7% range, which makes it common for sellers to help buyers with closing costs or an interest rate buydown.

Many buyers are entering the market as they are motivated by rising rents and the opportunity to build equity through homeownership. Over time, this makes more financial sense than continuing to rent.

Days on market are a bit longer right now, but homes that are properly priced and show well are still moving quickly.

Now that we’ve made it past the July 4th and 24th holidays, we expect to see more buyers entering the market as many buyers hope to be able to settle into their new home before the school year begins.

As always, if you have questions about the market or know someone looking to buy or sell a home, I’m never too busy for your referrals!

Check out the included 2nd Quarter Market Stats by clicking on the button below.

Have a Heavenly Day!® 

Angelina Feichko, Principal Broker, ABR®, ASP, CDPE, CFSP, CNE, CHMS, CRS, DRS™, GRI, SRS 

Bachelor's Degree, Business Administration/Marketing 

Sold By An Angel Real Estate® 

Mobile:        801-390-8015 

Email:          angel@soldbyanangel.com 

Oh by the way…If you know of anyone who would appreciate the level of service we provide, please call me with their name and telephone number and we’ll be happy to follow up and take great care of them!