The 2025 Housing Market Shift:

🇺🇸 National Real Estate Market (July 2025)

• Inventory and Buyer Leverage
  Active listings are up ~28.9% YoY, though still ~11% below 2019 norms—creating more buyer-friendly conditions in many areas bizjournals.com+7youtube.com+7nypost.com+7tampahomegroup.com+15resiclubanalytics.com+15thekkg.com+15.

• Home Prices
  National median existing-home price stands at $422,800 (+1.3% YoY in May); Zillow’s ZHVI marks average home value at $367,969, up about 0.8% homesforheroes.com+1zillow.com+1.

• Sales Activity
  Existing-home sales rose +0.8% from April to May (4.03 million annualized), though still down 0.7% YoY due to high rates youtube.com+13nar.realtor+13nar.realtor+13.

• Mortgage Rates & Affordability
  30-year rates remain elevated (mid-6% to ~6.9%), which hinders affordability despite signs of stabilization businessinsider.com.

• Market Outlook
  Experts say this “frozen” market may thaw if rates dip later in 2025—possibly reaching 6.3–6.8%—paving the way for a 2026 rebound news.com.au+9investopedia.com+9moneyweek.com+9.

📍 Local Market Snapshots

Albuquerque, NM

• Median Prices:
  ~$349,300 in June (+3% YoY); average listing ~$355K (+1.4% YoY) thekkg.com+10rocket.com+10redfin.com+10.

• Inventory Surge:
  Inventory reached a five-year high (~1,872 homes), with pendings up modestly +0.3% bizjournals.com.

• Outlook:
  With low supply and steady demand, projections expect ongoing growth of 3–4% in 2025 welcomehomeabq.com.

Takeaway: A balanced-to-slightly-buyer-favored market—with stability and modest upward pressure.

Dallas–Fort Worth, TX

• Median Prices:
  Dallas city: ~$550K (June), up from $493K last year marketwatch.com+2medium.com+2moneyweek.com+2.

• Buyer’s Market Trends:
  Inventory rose ~53%, 66% of homes sold under list, average days on market ~24 tampahomegroup.com+15mdregroup.com+15medium.com+15.

• New Construction Boom:
  DFW ranks #2 nationally for builder permits—signaling continued supply smithteamdfw.com+10dfwurbanrealty.com+10investopedia.com+10.

Takeaway: A strong yet easing market, full of options. Buyers have leverage—especially in resale homes.

Boston, MA

• Median Prices:
  ~$842K in June (+4% YoY); luxury segment ~$1.7M, down ~3% from last year guthrieschofieldgroup.com.

• Tight Inventory:
  Days on market have increased (~33–50 days), but inventory remains very low .

• Construction Constraints:
  Permit delays are limiting new builds, placing upward pressure guthrieschofieldgroup.com+2whatnow.com+2marketwatch.com+2.

Takeaway: A seller’s market, but with more breathing room for well-priced homes. Competition remains intense.

Tampa Bay, FL

• Median Prices:
  ~$415–430K (+2.5% YoY) .

• Balanced Market:
  Sales are slowing slightly (268 vs 296 last year), days on market ~26, inventory slowly rising .

• Buyer’s Momentum:
  The bay area is trending towards a buyer’s market conditions investopedia.com+15movingtofloridaguide.com+15wsj.com+15.

Takeaway: A transitional phase—still lively, but shifting toward buyers in 2025.

Phoenix, AZ

• Home Values:
  Average home price ~$418,453—down ~3.5% over 12 months zillow.com.

• Market Shift:
  Listings with price cuts rose to 31.3%; inventory and days on market are growing remmesco.com+15realtor.com+15homesforheroes.com+15.

• Outlook:
  Market softening: buyers seeing more options and value; a downturn in values expected to continue .

Takeaway: A cooling market—buyers now have negotiating power, and prices may still ease.

📌 Summary Table

📝 What This Means for You

• Buyers:
  ✔️ Prepare your financing now—rates won’t drop much.
  ✔️ Target markets with higher inventory and growing leverage (Albuquerque, DFW, Phoenix, Tampa).

• Sellers:
  ✔️ In low-inventory regions (Boston, Albuquerque), aggressive pricing still works—but expect rising buyer expectations.
  ✔️ In cooling markets (DFW, Phoenix), strong staging, pricing, and marketing are critical.

• Investors:
  ✔️ Watch Phoenix and DFW for turnaround opportunities.
  ✔️ Beware climate/tax challenges in Tampa and Boston; focus on stable growth markets.