Table of Contents
- Are You Prepared for the Busy Summer Season?
- Trends We’re Seeing
- Median Regional Home Prices
- National Average Mortgage Interest Rates
- Keep Your Sales Pipeline Flowing With AgentUp!
May kicks off real estate’s busy season, with more buyers, listings, and deals in the summer months. However, wise agents approach the fast-paced summer season as a marathon, not a sprint.
Preparation now will ensure you deliver exceptional service while growing your business in this high-demand period.
AgentUp Podcast
Listen to a summary of the May 2025 Real Estate Update on the AgentUp Podcast.
If you prefer to read rather than listen to the podcast, let’s take a look at a real estate update for May and how to prepare for the busy season.
Are You Prepared for the Busy Summer Season?
In most markets, May is when the real estate market gears up for its busiest season, with increased buyer activity and a surge in listings.
Here’s why May is the start of the industry’s busy season:
- Families with kids want to be in their new home before the fall school year starts
- The weather makes home shopping and moving easier
- There are only a few summer holidays keeping people at home
- Folks are out and about and are seeing the for-sale signs
Are you ready to handle the rush while maintaining efficiency and client satisfaction?
Start by organizing your workflow. Review your current listings and pre-schedule marketing campaigns to attract buyers. Also, make sure your CRM system is up to date.
Additionally, check that your network of professionals—lenders, inspectors, and title companies—is ready to support quick turnarounds.
Consider partnering with a transaction coordinator (TC) to offload administrative tasks, which can save you up to 25 hours per deal.
AgentUp has US-based transaction coordinator services at affordable, competitive prices:
- Per-File Transaction Coordination – from $349 per file
- Listing Coordination – from $200 per listing
We’re offering a special – $99 to onboard your first transaction with us.
Call and talk to an AgentUp TC at (888) 982-4368 or schedule a TC consultation.
Trends We’re Seeing
May 2025 Real Estate Market Preview
Here’s what the industry analysts are saying about the market as we head into May 2025:
| Modest Home Price Growth Continues: Home prices are expected to rise at a moderate pace, with experts predicting a 3.5% year-over-year increase in 2025, according to Fannie Mae, slowing to 1.7% in 2026. |
| Mortgage Rates Stabilize but Remain High: Redfin predicts rates may average 6.8% for the year and potentially dip to 6.5% by May, encouraging some buyers to enter the market. |
| Inventory Increases Slightly, Easing Buyer Pressure: According to recent data (March 2025), single-family existing homes for sale are up 19.8% year-over-year but remain 20-30% below pre-pandemic levels. |
These trends highlight a market navigating affordability challenges with gradual improvements in inventory and mortgage rates.
Remember: Sometimes the experts are wrong. Market conditions in May 2025 could vary.
Median Regional Home Prices
As of May 1, 2025 (Zillow)
| City | Median Home Price | Increase / Decrease |
| New York | $768,900 | Up 3.8% from the previous year |
| Chicago | $303,600 | Up 2.8% from the previous year |
| San Diego | $1,026,800 | Up 2.1% from the previous year |
| Seattle | $887,900 | Up 3% from the previous year |
| Austin | $522,700 | Down 4.8% from the previous year |
| Denver | $558,500 | Down 1.9% from the previous year |
| Atlanta | $392,500 | Down 3% from the previous year |
National Average Mortgage Interest Rates
As of May 1, 2025 (BankRate)
| Mortgage | Current Rate | Last Month |
| 30-year fixed | 6.85% | 6.80% |
| 20-year fixed | 6.55% | 6.56% |
| 15-year fixed | 6.08% | 6.09% |
| 30-year Jumbo | 6.81% | 6.81% |
Keep Your Sales Pipeline Flowing With AgentUp!
Keeping your sales pipeline flowing is crucial for sustained success, especially during the busy season.
A full, flowing pipeline ensures consistent leads, preventing dry spells and maintaining a steady revenue stream.
One way to keep your pipeline full is by using top-notch marketing materials that reflect your sales savvy:
- Virtual Tours – Immersive 360° home tours allow buyers to explore properties anytime from anywhere
- Property Websites – Showcase a single listing with impressive photos, persuasive data, and cool add-ons like interactive floor plans
- Real Estate Photo Editing – Outstanding listing photos begin with professional editing
- Virtual Staging – Take a lackluster or vacant listing and decorate it with the latest, stylish furnishings
Remember, using only the best marketing showcases your skill set as a sales professional and helps you stand out in the crowd.
Sign up for a free AgentUp account today and get prepared for the busy summer season!
We hope this real estate update gave you some insights into what’s going on in the market for May. Before you go, you may also want to check out the following related resources:
