April 2025 Market Update: Spring Surge Brings New Opportunities

We’re well into spring, and April’s numbers paint a clear picture: buyer energy is strong, seller confidence is rising, and smart strategy continues to be the secret ingredient. Whether you're casually browsing or ready to make a bold move, here's how to read this month’s market—and how to make it work for you.

📊 April 2025 Market Snapshot

• Active Listings: 5,341
  (Up from 4,541 in March and up a whopping 47.5% year-over-year)

• Pending Sales: 2,486
  (Higher than March’s 2,333—buyers are showing up)

• Closed Sales: 2,203
  (Up from 1,992 in March)

• Median Sale Price: $334,900
  (Down slightly from March, but still up 5.8% year-over-year)

• Month’s Supply of Inventory: 2.3 months
  (Climbing gradually, still a seller’s market)

• Median Days on Market: 16 days
  (Down from 22—homes are flying off the market)

• New Construction Sales: 248
  (An increase from March, showing continued builder activity)

🏡 Sellers: Momentum Is on Your Side—If You’re Strategic

Inventory is climbing, yes—but so is buyer demand. April brought a big bump in listings and closed sales, while homes sold even faster than in March. The takeaway? Buyers are motivated, and well-prepped homes are reaping the benefits.

Detached homes continue to shine, and new construction is still turning heads—especially with builder perks in the mix. But no matter your home’s type, presentation matters more than ever.

✅ Homes are selling in just over two weeks
✅ Strong offers are coming in for well-prepped properties
✅ Strategic pricing and smart staging are getting results

Want top dollar? Let’s make sure your home stands out—not just listed, but loved.

🔑 Buyers: Quick Decisions, Strong Results

More homes on the market. Fewer bidding wars. Faster timelines. This spring market is built for buyers who are ready to act.

With median days on market at just 16, the best homes are gone within days—but you’ve got an edge: inventory is up, builder incentives are back, and you have time to breathe (if only briefly).

✅ Expanded options, especially in new construction
✅ Prices are stable, but desirable homes are competitive
✅ A good strategy = better results and less stress

Let’s get clear on your must-haves, lock in your budget, and stay ready to strike when the right opportunity appears.

Let’s Make the Most of Spring

This season is full of opportunity—whether you’re selling, buying, or just planting the seeds for your next move.

I bring local expertise, creative strategy, and results that speak for themselves. Let’s talk goals, make a plan, and get you one step closer to your next chapter.

📲 Schedule your market consultation today. You’ve got options—and I’ve got your back.

Erika Granderson
@theeotakurealtor
📱 434-258-3103
📧 erika@hogangrp.com
📍 Serving Newport News, Hampton, and the entire Hampton Roads area