The Q4 2025 market closed with strong momentum in single-family homes, steady but selective condo activity, measured residential land absorption, and an extremely thin farm & ranch segment. While inventory levels shifted by property type, pricing remained resilient overall, supported by demand for quality, location, and long-term value. Buyers showed increased selectivity, and sellers who priced strategically were rewarded.
Condominiums
Condo inventory declined roughly 20% year over year, signaling tighter supply. Despite fewer listings, buyer engagement held steady, and total sold volume increased, driven by higher-value transactions. Average sale prices softened slightly, while percent of list price remained near 98%, reflecting disciplined negotiations rather than distress.
Takeaway: Well-located, well-priced condos continue to trade efficiently; overpricing limits traction.
Single-Family Homes
Single-family homes led the market. Listings rose modestly, while closed sales and sold volume surged. Average sale prices increased meaningfully, underscoring demand for turnkey and premium homes. Percent of list price eased slightly, indicating negotiation leverage for prepared buyers.
Takeaway: Quality homes remain highly liquid; pricing precision matters.
Residential Land
Land activity remained selective. New inventory expanded, but closed sales were limited and strategic, favoring parcels with utilities, access, and clear entitlements. Sellers achieving success aligned pricing with development realities.
Takeaway: Buyers are patient and focused on build-ready opportunities.
Farm & Ranch
The farm and ranch segment was exceptionally thin, with minimal inventory and no closed sales reported in Q4. Ownership remains long-term and legacy-driven.
Takeaway: Scarcity defines this segment; transactions are highly property-specific.
Entering 2026, expect continued strength in single-family homes, stable condo demand, selective land absorption, and very limited farm & ranch availability. Pricing strategy and preparation will remain key differentiators.