Welcome to the Monthly Market Report for April 2025. We want to give you the insights that you need to help confidently make the best decisions when buying and selling a home.
“We are your real estate advisors” – RRG
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Don’t Miss This Prime Spring Window To Sell Your House
According to Realtor.com, the best week to list your house this year was April 13–19. And since that week has come and gone, you might be wondering: did I miss my chance? Not at all – and here’s why.
That’s just one source’s take, based on their own research. Other organizations run similar studies. And since different places use different methodologies for their research, sometimes the results vary too – and that’s actually good news for you. According to Zillow, the best time to list your house is still ahead.
The latest research from Zillow says sellers who list their homes in late May tend to see higher sale prices based on home sales from last year. The study explains why:
“Search activity typically peaks before Memorial Day, as shoppers get serious about house hunting before their summer vacation and the new school year in the fall. By targeting late spring, sellers can get their home listed when the most shoppers are looking. When more buyers are competing for homes, sellers can command a higher price.”
And they’re not the only ones saying selling in May can help homeowners net top dollar. ATTOM Data conducted a similar study by analyzing 59 million home sales over the past 13 years:
“Freshly compiled sales statistics from ATTOM demonstrate that home sellers continue to reap significant benefits from listing their properties during the month of May. Examination of home sales trends spanning thirteen years reveals that, on average, sellers are commanding 11.1 percent premium above the estimated market value.”
An article from Bankrate echoes this sentiment and brings this all together to show that any time in April or May is a good time:
“Some patterns and trends usually do hold true throughout the year, and one is that spring continues to be the best time to sell. Sellers can net thousands of dollars more if they sell during the peak months of April and May. . .”
The window to sell during prime time is very much still open, so you can make a move and potentially cash in big if you sell now.
That said, the best week to list your house really depends on a few local factors, like buyer demand, how many homes are for sale nearby, and how quickly things are selling. That’s why working with an experienced agent who knows your area is key.
Bottom Line
Spring is the busiest time in real estate – and there’s still time to take full advantage of that momentum.
What’s holding you back from making your move this spring? And what would help you feel ready? Let’s talk about it.
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April 2025 Residential Real Estate Market Summary
Economic Backdrop and Consumer Sentiment
The U.S. economy is showing signs of softening, with consumer spending declining in January for the first time in nearly two years. This reflects growing apprehension among households about job security and the possibility of future layoffs, which could further dampen economic activity. Economists are increasingly wary, with the risk of a recession in the coming year now estimated at 35%, up from 15% at the start of 2025.
Recession: Impact on Housing Prices and Mortgage Rates
Contrary to popular belief, recessions do not necessarily lead to falling home prices. Historical data from the last six recessions shows that home prices often remain resilient, with significant declines only during the Great Financial Crisis of 2008. In fact, in most downturns, home prices either held steady or increased modestly. However, recessions tend to bring lower mortgage rates, offering some relief to buyers and potentially stimulating demand.
Inventory and New Construction Trends
Inventory is finally rebounding after years of scarcity. The number of completed new homes for sale reached 119,000 in February 2025—the highest since 2009. Newly built homes now make up over 30% of all homes on the market, providing much-needed options for buyers in a market that has been underbuilt for more than a decade.
Spring 2025 Market Outlook
- For-sale inventory is forecasted to be up significantly year-over-year, with projections ranging from 11.7% to 15% increases depending on the source.
- The total number of active listings in March 2025 was up 17.3% compared to last year, and April is tracking an 18.2% annual increase.
- Regional trends reveal a sharp rise in inventory in the South and West, with some metros now exceeding pre-pandemic levels. However, certain areas, particularly in the Northeast, still lag behind.
Home Price Forecasts and Market Dynamics
Price growth is expected to be modest in 2025, with most major forecasters predicting increases between 0.6% and 4.9%. The average forecast across 23 sources is a 3.1% gain. Homes are taking longer to sell, with the median days on market rising to 66 in February—about a week longer than last year.
Key Takeaways 👇👇👇
- Inventory is up: Buyers have more options than at any point since before the pandemic, especially in new construction.
- Home prices remain stable: Despite recession fears, most experts expect modest price growth, not declines.
- Homes are taking longer to sell: The market is shifting toward more balanced conditions, giving buyers more negotiating power.
- Mortgage rates may fall if a recession hits: Historically, rates decline during downturns, which could further support housing demand.
In summary, the residential real estate market is transitioning out of the ultra-tight conditions of recent years. While economic uncertainty is rising, the housing sector is showing resilience, with more inventory, stable prices, and the potential for lower mortgage rates ahead. This spring, buyers and sellers alike should expect a more balanced and less frenzied market environment.
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Download your Housing Market Update for April 2025 below 👇
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Here’s a few neighborhoods you might find your next home in…
Simi Valley CA, Moorpark CA, Thousand Oaks CA, Westlake Village CA, Agoura CA, Oak Park CA, Calabasas CA, Encino CA, Sherman Oaks CA, Tarzana CA, Woodland Hills CA, Camarillo CA, Oxnard
