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Here are some of the marketsthat are cooling off heading into 2025, according to experts.
As Jones said, following a red-hot pandemic-era market, Miami home shoppers pulled back due to sky-high prices.
Condo inventory has climbed, leading to overall inventory growth and the falling median listing price, Jones added.
Though prices have fallen in Little Rock, they remain roughly 40% higher than pre-pandemic, she said.
As a result, buyer demand faded and inventory climbed.
Denver
Denver is also finally seeing itsreal estate marketcool down, with more homes hitting the market.
Sacramento, California
Sacramento is another city where the market has cooled off after a pandemic-fueled boom.
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