August 2025 Market At A Glance | Angel Fire
$805k
Median sales price
11
homes sold
8
new homes for sale
95%
Sales price to list price ratio
6.59%
30 yr apr
August marked a clear slowdown in Angel Fire’s market tempo. After a steady summer stretch, new listings tapered, closings leveled off, and homes took longer to sell, averaging over 200 days on the market. Yet prices held firm and interest rates stayed stable.
Fewer homes came to market in August — down from July and well below the surge we saw last August. Sellers may be noticing that inventory is high and the market isn’t meeting their expectations. For the market as a whole, this reduction in new inventory is good and it will help move us from an oversupply of inventory to a balanced market.
Closings held steady month over month, with roughly eleven homes changing hands, but that’s fewer than the same time last year. It’s the fifth month in a row where the number of homes sold has been less than the same month last year.
The median price landed around $875,000 — the highest it’s been all year and higher than this time last year. While there is less activity, the action is happening in the higher price points. Interestingly enough, the higher price ranges have more cash buyers. So, the current mortgage rates are affecting the lower price points.
Homes took longer to sell in August — more than 200 days on average, a sharp rise from midsummer and much higher than a year ago. The increase is due to higher inventory combined with lower sales, resulting in more homes remaining on the market for longer periods.
Rates held close to 6.7%, right in line with the last several months and almost identical to where they sat a year ago. The early predictions that 2025 would be a downward-trending rate environment didn’t pan out, and this has certainly affected the number of home sales.
What does this mean for you?
What it means for Buyers: This calmer market puts more control back in your hands. All the data above means there’s more room to negotiate than prior years. You also have more time to schedule a second look and weigh your options without rushing. Prices remain steady, if not slightly climbing, so waiting for a steep drop isn’t likely to pay off.
What it means for Sellers: Longer days on market don’t necessarily mean you need to wait it out. In fact, taking more time often leads to a lower sale price. A specific and clear strategy around price, condition, and marketing is more important than ever. Sellers who lead with strategy are still closing strong.
As always, confidence comes from clarity, and we’re here to help you find both. Call, text, or email anytime — we’ll guide you through every step.
