Your January 2025 High Point Housing Update – Stats, Laughs, and a Dash of Reality!
Happy (almost) mid-winter! Ready to dive into the latest High Point housing stats? Thanks to our pals over at Triad MLS, we’ve got the scoop for January 2025—complete with numbers and a few chuckles. Grab your coffee (or your second cup of cocoa) and let’s break it down.
Single Properties: The Ups and Downs of Home Sweet Home
- New Listings: We saw a drop from 101 in 2024 to 85 in 2025—a 15.8% dip. Fewer new faces on the block? Maybe sellers are enjoying an extra-long nap!
- Pending Sales: A steeper fall from 86 to 51 (down 40.7%). Buyers might be window-shopping a bit longer these days.
- Closed Sales: Nearly unchanged—62 last year to 60 this year. The deals are still getting done, albeit at a slightly slower pace.
- Days on Market: Homes are taking their sweet time, moving from 31 to 45 days (up 45.2%). They’re just savoring the winter vibe, we guess.
- Median Sales Price: Dropped from $277,500 to $232,500 (down 16.2%). It’s like finding a bargain at your favorite sale—if only every day were like that!
- Average Sales Price: A slight increase from $285,196 to $289,423 (+1.5%), proving that even in a down market, there are always a few exceptions.
- Percent of List Price Received: A minor dip from 97.0% to 96.2%. Not too shabby if you ask us!
- Inventory: Down 4.0% (from 174 to 167 homes), hinting that the options are getting a little tighter.
- Months Supply of Inventory: Up 5.3% from 1.9 to 2.0 months. A small change that reminds us—patience is a virtue in real estate!
Townhouse/Condo Properties: The Condo Chronicles
- New Listings: A 16.7% drop from 24 to 20. Fewer choices can mean more character… or just a quicker decision process!
- Pending Sales: Down 23.8% from 21 to 16. Seems like buyers are being extra choosy.
- Closed Sales: Surprisingly, these numbers bumped up 12.5% from 16 to 18. Some deals are zipping through faster than a cat chasing a laser pointer.
- Days on Market: Down a modest 8.8% (from 57 to 52 days), suggesting a bit more urgency in sealing the deal.
- Median Sales Price: Fell from $257,745 to $225,000 (down 12.7%). A friendlier figure for first-time buyers!
- Average Sales Price: Down 12.2% (from $254,866 to $223,894), keeping consistency in the air.
- Percent of List Price Received: Dropped 2.0% (from 98.7% to 96.7%).
- Inventory: Holding steady at 42 listings.
- Months Supply of Inventory: A slight rise of 5.9% from 1.7 to 1.8 months.
Rolling Through the Years
For those of you who love a good graph as much as your morning brew, our rolling 12-month median sales price charts (spanning from 2005 to 2025) for both single properties and condos paint a picture of long-term trends. It’s a wild ride of ups, downs, and loop-de-loops—kind of like your favorite roller coaster (minus the screaming, hopefully).
Wrapping It Up
Whether you’re buying, selling, or just a fan of quirky market stats, these numbers from January 2025 are sure to spark a conversation. Remember, these insights are fresh off the press from the Triad MLS.
Got questions? Need advice? Or just want to chat about the latest donut flavor at your local cafe? Contact me any time.
Search All High Point, North Carolina Homes for Sale