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Longleaf Pine REALTORS® shares December 2025 housing market update: Year ends with steady prices and measured buyer activity

By Staff Report, posted 7 months ago
  • The Longleaf Pine REALTORS® recently released its December 2025 housing market statistics, offering insight into current real estate trends across the southeast in North Carolina. The latest data highlights shifts in inventory, pricing and buyer activity as the market continues to evolve.
    Key Market Statistics – December 2025
    Total Closed Sales: 585 (▼ 3.9% year-over-year)
    Median Sales Price: $299,900 (▲ 4.5% year-over-year)
    Average Sales Price: $309,021
    Active Inventory: 2,198 homes
    Months of Supply: 3.6 months
    Average Days on Market: 67 days
    New Listings: 620 (▲ 6.0% year-over-year)
    Market Interpretation
    Overall, the December 2025 data suggest a market transition into a more balanced seasonal pattern. While closed sales declined modestly compared to last December, new listings increased, and inventory continued to build, giving buyers more options than in recent years.
    Price trends remained positive across most segments. Existing homes posted year-over-year gains in both median and average sales prices, while new construction maintained steady pricing supported by ongoing demand. Townhomes and condominiums experienced notable price growth, reflecting continued interest in lower-maintenance housing options.
    Homes spent more time on the market compared to last year, a common trend during the winter months, as buyer activity typically slows during the holiday season. Even so, showing activity data indicates that buyer interest remained strong, particularly in the mid- and higher-priced ranges, suggesting demand has not disappeared but has become more selective.
    Inventory levels rose year-over-year, with months’ supply increasing to 3.6 months for all residential properties. While still below what is considered a fully balanced market, this improvement has helped ease some of the competitive pressure seen earlier in 2025.
    Leadership Perspective
    “December’s numbers reflect a market that is adjusting in a healthy way,” said Longleaf Pine REALTORS® President Candi Quigley in a press release. “Buyers are benefiting from increased inventory and more time to make decisions, while sellers continue to see solid price support when homes are priced appropriately.”
     
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