Apex Market on the Rise: Home Prices Jump 12.5% in February 2025

What’s Happening in the Apex Housing Market?

The Apex real estate market showed strong price growthin February 2025, with the median sales price climbing to $587,500—a 12.5% increase from January. However, closed sales dropped 14.6% month-over-month and 6% year-over-year, indicating that higher prices may be slowing buyer activity.

Other key insights:

- Median Sold Price per Sq. Ft.: Rose 4.9%, showing continued home value appreciation.

- New Listings: Down 10.9% compared to February 2024, limiting supply.

- Median Days on Market: Fell 26.2%, meaning homes are selling faster.

- Months Supply of Inventory: Increased 68.4%, providing buyers with more options.

- List Price Received: Held steady at 99.5%, indicating sellers are still getting close to asking prices.

With rising prices and slightly higher inventory, Apex remains a hot market for sellers while offering buyers more selection than before. If you're considering a move, now is the time to strategize!