Washington County Housing Update - Resale Only
SALES ACTIVITY INTENSITY™ SCALE
6.06%
4.13%
4.35%
2.89%
UNBELIEVABLE
INTEREST
RATES
3.18%
MONTHS
SUPPLY SCALE
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Source: RMLS - Resale only
CURRENT INTEREST RATE
© 2025 John L. Scott Real Estate
January 2, 2025 Source: Priority Home Lending
6.99%
Another year of the housing market is here! We anticipate a pattern of more resale listings in 2025 than in 2024. However, as buyers re-enter the market post-holiday celebrations, we will start to see higher Sales Activity Intensity™ for available inventory.
Welcome 2025! New Year Kickoff
Key Market Indicators JANUARY 2025 (DECEMBER RECAP)
If you are buying a home today, interest rates are most likely on your mind, especially as they sit around 7%. While this is higher than at the beginning of last year, economists project an interest rate in the 6’s for 2025. This may be counterbalanced by higher prices in your chosen market area and price range, so be sure to chat with your John L. Scott professional to review your local market and discuss your opportunities.
Looking at Interest Rates