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Local Market Update - May 2025

May was an interesting month for real estate! Inventory growth continues to shape the market, as active inventory at the end of May reached the highest month-end level since August 2019! In fact, there is more than double the inventory from May 2024, and nearly double from just two months ago. That said, buyer demand has held relatively steady: Pending sales year-to-date through May are down just 6% from 2024. For all the market data you could ever want, visit my blog found HERE!

CHEERS!

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