May 2025 Real Estate Market Update

What Buyers, Sellers and Investors Need to Know

The real estate market is always moving and May 2025 is no different. Whether you're planning to buy, sell or invest, staying informed can help you make smart, confident decisions. Here’s what’s happening right now across the U.S. housing market and what it means for New York real estate specifically.

The National Snapshot

Mortgage rates are holding steady around 6.86%, which continues to impact affordability for many buyers. The national median home price rose to $403,700 in March — a 2.7% increase from last year. That means while demand may be shifting slightly, prices are still rising.

Inventory has started to improve, but we’re not yet at a balanced market. In many areas, especially in New York, it's still very much a seller's market, but sellers are starting to feel pressure to price more competitively as new listings hit the market.

What This Means for You

For Buyers

High rates and rising prices are stretching budgets. But don’t let that stop you — with more homes hitting the market, you might have more room to explore options. If your credit and finances are in order, this could be your moment to step in with a strong offer. Stay ready.

For Sellers

You still have the advantage, but you’ll need to price smart. Gone are the days of throwing any number on your home and getting five offers overnight. Buyers are more cautious, and competition is slowly building.

For Investors

Now may be the time to make your move. As the market begins to stabilize, long-term real estate investments in high-value areas like Baldwin, Rockville Centre or parts of Queens and Brooklyn are becoming more strategic plays — especially if you're focused on buy-and-hold.

Maxine’s Take

Real estate doesn’t slow down , but strategy always wins. Whether you’re ready to tour homes, list a property or run the numbers on an investment, I’m here to help you make smart, confident moves.

Ready to talk next steps? Let’s connect.📩 hello@nyrematchmaker.com🔗 nyrematchmaker.com

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