🏡 April 2025 Real Estate Market Update: More Listings, Price Adjustments, and Buyer Activity

The spring real estate season is off to a strong start in Douglas County, with increased inventory, active buyers, and evolving price trends. Whether you’re planning to buy or sell, staying informed on market movement can help you make smarter decisions. Here’s a breakdown of the latest local housing data:

📊 Listings Are Up Significantly

In March, 173 new homes hit the market — a 24.5% increase compared to the 139 listed in March 2024. Even more notable is the 46.6% increase from just 118 new listings in February 2025. This surge is giving buyers more options and bringing much-needed energy into the spring market.

🔑 Pending Sales Are Climbing

137 homes went under contract in March, marking a 23.4% increase year-over-year and a 21.2% jump from the previous month. This continued growth in pending sales shows that buyers remain active and engaged despite shifting conditions.

✅ Closed Sales Show Mixed Trends

While buyer interest is high, closed sales dipped slightly year-over-year. March saw 98 completed transactions, down 13.3% from March 2024. However, this still represents an 11.4% increase from February's 88 closings, indicating forward momentum.

🏘️ Inventory and Market Time

• Inventory remains stable at 4.4 months, offering a more balanced market than previous years.

• Average market time is now 106 days, showing that homes are selling a bit faster than earlier in the year.
  
  

📅 Year-to-Date Comparison: Q1 2025 vs. Q1 2024

Looking at the first quarter overall:

• New Listings: ↑ 9.6%

• Pending Sales: ↑ 4.9%

• Closed Sales: ↓ 5.1%
  
  

More homes are entering the market and going under contract, but some delays in closings may reflect financing or negotiation shifts.

💰 Home Prices Adjust, but Long-Term Growth Holds

Month-over-month, home prices are adjusting slightly:

• Average Sale Price (March 2025): $340,500, down 3.3% from March 2024

• Median Sale Price (March 2025): $321,000, down 2.3%
  
  

While these numbers reflect a minor cooling — offering potential opportunities for buyers — the 12-month trend tells a more positive story:

• Average Sale Price: ↑ 1.1% (from $349,000 to $352,700)
  Median Sale Price: ↑ 1.5% (from $320,000 to $324,900)
  
  

This suggests that despite short-term fluctuations, home values are still rising steadily over time.

🗓️ Weekly Market Activity: March 7 – April 3

Over the last four weeks, here’s what the local housing market looked like:

*This level of activity reflects a market that is heating up as we move deeper into the spring season.

🏠 What This Means for Buyers & Sellers

• For Sellers: With more homes hitting the market, pricing and presentation are more important than ever. Competitive pricing and strong staging can help your home stand out.

• For Buyers: More listings and stabilizing prices make this a great time to explore your options. Whether you’re looking for your first home or upgrading, the increased inventory may work in your favor.

Have Questions or Ready to Make a Move?

Visit us at 2658 NE Stephens St, Roseburg, OR, call us at 541-366-6080, or browse available listings online at www.marygilbert.com. Our team is here to guide you through every step of the process.