Market Insights Week of 3/31/25

Need-to-Know Numbers this Week

Wondering what’s really happening in the Pines? Here’s a quick breakdown of what moved, what sat, and what buyers and sellers should know — all pulled from real local data.

Market Snapshot

• Current Homes Listed: 997

• Current Homes Under Contract: 266

• Days on Market: 51

• Median Price: $499,950

💡 Pro Tip:

Inventory is moving — but not fast. With homes sitting a median of 51 days, pricing right matters more than ever. Buyers have options, and stale listings rarely get second chances.

👉 Why it matters: If you're thinking of listing, the first two weeks are critical — most activity happens early. Price strategically, prep well, and you’ll stand out.

Mortgage Snapshot

Interest Rate: 6.71%

For example:

If you wanted to buy a home for: $499,950

Downpayment (5%): $24,998

Est. Monthly Mortgage payment: $3,068

💡 Pro Tip:

At today’s 6.71% interest rate, buying a home at the median price of $499,950 with 5% down ($24,998) would mean an estimated monthly payment of $3,068 on a 30-year fixed loan (excluding PMI).

👉 Why it matters: This gives you a realistic monthly number to compare against rent or build your budget around. And yes — 5% down can get you in the game.

💬 Thinking about buying?
With the market moving quickly, all of our clients are already pre-approved and ready to make offers. If you’d like an intro to a trusted mortgage lender, just hit reply — I’m happy to connect you.