2025 Housing Market Predictions from 8 Major Groups

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Lately, there's been a lot of buzz about what's next for home prices, especially with 2024 shifting gears in some markets. Here in King County, we saw a 5.4% increase in median price for residential homes and condos as compared to this time last year (stats pulled from NWMLS June report).

So what about the future of the market? No one has a crystal ball, but experts have released early predictions for home prices in 2025. Take a look:

The Big Picture: National Home Price Predictions for 2025

The year is moving quickly and 2024 is halfway over! Looking ahead to 2025, experts predict

a slowdown in the national housing market's breakneck pace. Now, that doesn't mean prices

are plummeting. In fact, the average forecast anticipates a +2.5% increase in national home

prices for 2025. That would mark the 13th consecutive year of home price growth. 

Home projections vary among groups, with predictions running from a 0.3% increase to 4.4%

  • Goldman Sachs: +4.4% growth in home prices in 2025

  • Wells Fargo: +4.3%

  • Mortgage Bankers Association: 3.3%

  • Morgan Stanley: 3.0%

  • Zelman & Associates: 2.3%

  • Fannie Mae: 1.5%

  • Freddie Mac: 0.5%

  • Moody’s Analytics: 0.3%

It’s Not a One-Size-Fits-All Picture

While national trends provide a useful overview, real estate is inherently local. Factors such

as the labor market, inventory levels, and specific regional economic conditions will play a

significant role in shaping the housing market. 

For instance, areas like ours in Seattle and King County with strong job growth and limited housing supply may continue to see higher price appreciation, while other regions may experience more modest gains or even slight declines.

Some of the key factors I watch every month include: 


  • Inventory Levels

  • Interest Rates

  • Average Days on the Market

  • Median Sale Prices

  • List-to-Sale Price Ratio


If you want to be updated on the local market data, email me your neighborhood, city, or zip code.

https://callielagasca.bhhsnw.com/Contact/callielagasca


Navigating the real estate market in 2025 requires a blend of national insights and local expertise.

By understanding the broader trends and keeping an eye on local market dynamics, you can

make informed decisions whether you're buying or selling a home. Reach out with any

questions and personalized advice on your real estate journey.




home prices, home prices in 2025, home price predictions, 2025 housing market prediction, housing market forecast, real estate trends, seattle housing market, king county housing market, seattle real estate, king county real estate

Location: King County, WA, USA

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