New Listings: January 1 – April 8
Single-Family Homes:
-
2024: 165 new listings
-
2025: 229 new listings
That’s a 39% increase in single-family inventory!
Condos:
-
2024: 66 new listings
-
2025: 59 new listings
A slight dip here — about a 10% decrease.
Land:
-
2024: 119 new listings
-
2025: 99 new listings
That’s about a 17% drop in new land listings.
What Could Be Causing the Change?
The jump in single-family home listings — and the drop in land and condo listings — likely comes down to a few factors:
1. More Homeowners Are Ready to Move
Some sellers who sat on the sidelines during the peak of interest rate hikes in 2023 are finally making moves in 2025. Rates have stabilized a bit, and many are adjusting their expectations — especially if they’ve outgrown their current home or are heading into retirement.
2. Landowners Are Holding Off
The decrease in land listings could be a mix of higher construction costs and limited buyer demand for raw land. Building a home is still expensive, and some sellers might be waiting for better conditions before listing their lots.
3. Fewer Condos Available to List
The condo market in our area tends to be a bit tighter, and some owners may be hanging onto their properties as short-term rentals or second homes — especially if they bought at lower rates.
What Does This Mean for Buyers and Sellers?
If you're a buyer looking for a single-family home, you have more options now than you did this time last year. That can mean less competition and potentially more negotiating power.
If you're a seller, especially of a single-family home, you’re entering a more competitive market — so pricing and presentation matter more than ever. For condo and land sellers, the lower inventory could work in your favor if buyer demand stays steady.
If you're curious about what your property is worth or want help navigating the market, feel free to reach out. I’m always happy to run numbers or just chat about what’s going on in Carroll County real estate.
– Dave
North Conway Realty