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Q1 2025 Heights Market Report: More Inventory, Steady Sales, and a Shift in Pace

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April 12, 2025

Q1 2025 Heights Market Report: More Inventory, Steady Sales, and a Shift in Pace

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As we wrap up the first quarter of 2025, the Heights real estate market is showing clear signs of a shift. More homes are available, but sales haven’t dropped—a sign of a rebalancing market, not a retreat. Here’s a breakdown of what the first three months of 2025 tell us about where we’re heading.

Inventory on the Rise

Together, the rise in active listings and the increase in months of inventory show a shift toward a more balanced market—one where thoughtful pricing and preparation matter more than ever. You might notice that even though Q1 2024 had more active listings than 2023, the months of inventory remained the same. That’s because months of inventory takes into account both supply and demand. In 2024, more homes may have come to market—but they also sold at a faster pace, keeping overall inventory levels relatively flat.

This marks the highest inventory level we’ve seen in four years. More choices for buyers is good news, but sellers should prepare for a slightly more competitive landscape.

Sales Stay Strong

Despite higher inventory, sales volume stayed flat: 163 homes sold, nearly identical to the 162 sold during Q1 2024. Demand remains solid, especially for well-prepared, well-priced listings.

Prices Hold Up

Average Sales Price: $909,000 (up 4.5% from $870,000 in Q1 2024)

Median Sales Price: $775,507 (up 8.5% from $715,000 in Q1 2024 and matching Q1 2023)

This price resilience shows that even with more inventory, buyers are still willing to pay for quality homes.

Days on Market: Slower but not stagnant

Average DOM: 81 days

Median DOM: 33 days

If that feels long, remember: “These days, 14 is the new 7.” Homes are still moving—just not at warp speed like we saw in 2021. This is a return to more typical market rhythms.

Final Takeaway

Q1 2025 was about options, balance, and perspective. Inventory is up, but pricing is holding. The frenzy may be over, but opportunity is not. Whether you’re buying or selling in the Heights this year, strategy matters more than ever.

Questions about your next move? I’m just a message away!