Metro East Real Estate Market Sees Price Increase in May 2025 Despite Sales Decline

The Metro East real estate market showcased a significant increase in home prices in May 2025, with the median sold price reaching $205,000, marking a 5.13% rise from May 2024’s median of $195,000. This price also reflects a substantial 7.33% increase from April 2025, where the median sold price was $191,000. Despite the rising prices, the total number of home sales experienced a sharp decline, with only 395 homes sold in May 2025 compared to 700 in the same month the previous year, representing a 43.57% decrease.

The median list price for homes followed a similar upward trend, setting at $200,000, up 5.26% from $190,000 in May 2024. These figures suggest a tightening market in the Metro East area, where higher prices may be influencing buyer activity. For a detailed visual representation of these trends, refer to the chart below, which is available exclusively from MORE, REALTORS®. This chart provides an insightful look into the dynamic shifts within the Metro East real estate market as of June 2025.

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