Monthly Market Report

Monthly totals, trends, and year-over-year comparisons

Monthly Market Report for NIRA as of February 2025.

Supply

Inventory

Average daily inventory
February 2025
2,011
+15% Year-over-year
Year-to-date
2,049
+13% Year-over-year

Supply

New Listings

Monthly total by listing date
February 2025
933
-4% Year-over-year
Year-to-date
1,873
+5% Year-over-year

Sales

Closed Sales

Monthly total of closed sales
February 2025
639
-2% Year-over-year
Year-to-date
1,254
+9% Year-over-year

Sales

New Pending Contracts

Monthly total by pending date
February 2025
970
-3% Year-over-year

Market Momentum

Median Days on Market

Days from listing to pending
February 2025
31
+24% Year-over-year
Year-to-date
36
+29% Year-over-year

Market Momentum

Months of Inventory

Current supply versus 12-month sales average
February 2025
2.4
+10% Year-over-year

Price

Median Sale Price

Median monthly sale price
February 2025
269,900
+10% Year-over-year
Year-to-date
$265,000
+10% Year-over-year

Price

Sale Price as Pct. of List Price

Monthly average
February 2025
94.0%
-1% Year-over-year