March real estate statistics
Saturday, April 12, 2025
The Shoreline market heated up in March with sales more than doubling, and the median price jumped 24%, signaling strong spring demand.
Price per square foot also surged, and homes sold slightly faster than last month — all pointing to a more competitive and active market.
- Year-over-Year (YoY):Sales: Flat – 43 sales vs 44 in 2024
- Median Price: Up 18% – $960,000 vs $812,886
- Avg. $/Sq Ft: Up 12% – $558 vs $498
- Days on Market: Up 37% – 27 days vs 19 days
While the number of homes sold held steady compared to last year, prices surged significantly.
The 18% rise in median price and 12% increase in price per square foot reflect strong buyer demand.
However, the longer time on market (up 37%) suggests that buyers may be more selective or cautious amid higher prices — a sign of a shifting dynamic where pricing strategy and presentation matter more than ever.
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