More Choices, More Strategy: Big Canoe’s Market Is Evolving

Big Canoe Market Update – May 2025

A Season of More Choices—and New Challenges

Spring is bringing a noticeable shift to the Big Canoe housing market. After several years of tight inventory and fast-paced sales, buyers are now seeing more options—and sellers are navigating a more competitive landscape.

More Inventory, More Strategy

The number of active listings is up 12% year-over-year, giving buyers more breathing room and leverage in their search. For sellers, that means pricing a home correctly from the start—and making sure it stands out—is more important than ever.

Even with this uptick in supply, buyer interest remains solid. The median sales price is holding strong at $620,000, suggesting that demand is still healthy, though tempered by rising interest rates and a slower sales cycle.

Luxury Listings Taking Longer to Sell

Higher-priced homes are sitting longer, with days on market rising to 68 days—a 41% increase from last year. For premium listings, this trend underlines the need for compelling marketing, top-notch presentation, and strategic exposure to reach qualified buyers.

🏡 April 2025 Market Snapshot 

• Active Listings: 93

• Median Sales Price: $620,000

• Average Sales Price: $712,505

• Months Supply of Inventory: 4.9 (+25% YoY)

• Homes Sold: 12 (-31% YoY)

• Days on Market: 68 (+41% YoY)

• Interest Rate: 6.95% (30-year fixed conventional)

What This Means for You

• Buyers: You now have more choices, but desirable homes still move quickly—especially if priced right.

• Sellers: This is the time to double down on presentation and exposure. From strategic pricing to standout marketing, it all matters more in a competitive market.

If you’re thinking of buying or selling in Big Canoe, now’s the time to talk strategy. Let’s make sure you’re ahead of the curve in this changing market. Schedule your consultation with Margot today.