What’s Happening in the Housing Market as 2024 Wraps Up? | Real Estate Trends & 2025 Forecast

Welcome! I’m **Theresa Van Zant** with Keller Williams Bay Area Estates. In this video, we’ll break down the latest real estate market trends and take a look ahead at what’s expected in 2025. Whether you’re buying, selling, or just curious about the housing market, this is the video for you!

**📌 What We’ll Cover:**
✅ Current housing market trends: median sales prices, inventory levels, and days on market.
✅ Key insights from the National Association of Realtors (NAR).
✅ 2025 housing market predictions: mortgage rates, home sales, and price growth.
✅ Why local insights matter and how to prepare for what’s next.

**🏡 Key Stats at a Glance:**
📈 Median Sales Price: $439,455 (+4% YoY)
🏠 Inventory Supply: 3.6 months (balanced market)
⏳ Days on Market: 35 days (up from 25–30 last year)
📉 Pending Sales: Down 5% as buyers await potential rate drops.

**🔮 2025 Market Forecast Highlights:**
• Slight decline in mortgage rates may boost buyer activity.
• Home sales projected to grow from 4.5M in 2024 to 5.4M in 2025.
• Home prices expected to rise by 2.6% with stronger demand.

**📞 Ready to Buy or Sell?**
The real estate market is always evolving, and every market is unique. Reach out for a personalized market analysis tailored to your local area.

✨ **Let’s Connect:**
🌐 Website: www.homesbytomandtheresa.com
📩 Email: [email protected]
📞 Phone: 650-619-6096

**💼 About Me:**
I’m Theresa Van Zant, a dedicated real estate expert passionate about helping clients achieve their real estate goals. Whether you’re planning to buy your first home, sell your current property, or invest, I’m here to guide you every step of the way.

**🔔 Don’t forget to like, comment, and subscribe for more real estate insights!**

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