Real Estate Market Update – Fall 2025

The Real Estate question of the moment is how is the Housing market? The answer is flat, as in not much is selling, prices have dropped slightly, sellers do not want to acknowledge the adjusted prices and are not realistic about their homes. With all of the increased housing inventory, buyers are in the driver’s seat, with their choice of homes to choose from. In addition to price adjustments sellers are more likely to consider a contingent sale, contingent on the buyer selling their home, longer closing time frames, and other creative offer concessions.

While the 55+ market is somewhat affected by the rules that apply to the general housing market most buyers remain immune to the economic conditions that affect other demographics in that the 55+ buyer is generally on a guaranteed fixed income.

Reasons for this flat market are varied but the consensus is the uncertainty in the US economy, ie: inflation, tariffs, rising prices, especially food, and the running of the U.S. government in general, are causing people to pause in making large financial decisions.

While we are in a holding pattern with the economy now is a good time to take stock of your situation. If you plan on selling get rid of accumulated stuff you will not keep when you move, do cosmetic repairs that will help your home look it’s best when you go to market. If you need to sell listen to your experienced real estate professional as to how to help your home sell. One important note when you are selling or buying in a 55+ community is hire an expert in that type of homeownership, someone who knows your neighborhood, knows what a 55+ community is and isn’t, and someone who will market your home to the 55+ demographic, believe me it is much different than to other age groups. Knowledge, experience, negotiation skills, marketing skills and communication is what differentiates agents so choose wisely!