Chaparral Real Estate Market Summary – January 2025

Market Overview

The real estate market in Chaparral experienced a mixed start to 2025, with sales declining but home prices continuing their upward trend. Inventory levels increased significantly, indicating a shift towards a more balanced market compared to previous years.

• Total Sales: 8 transactions (-38% year-over-year)

• New Listings: 14 (+17% year-over-year)

• Benchmark Price: $651,800 (+3.8% year-over-year)

• Months of Supply: 1.63 months (+117% year-over-year)

Market Trends by Property Type

• Detached Homes:

  • Sales: 5 (-38% YoY)

  • Inventory: 11 (+22% YoY)

  • Benchmark Price: $729,200 (+5% YoY)

  • Detached homes continue to see price appreciation despite lower sales volume, indicating steady demand for single-family homes in Chaparral.

• Semi-Detached Homes:

  • Sales: 1 (unchanged YoY)

  • Inventory: 1 (unchanged YoY)

  • Benchmark Price: $593,500 (+6% YoY)

  • The semi-detached market remains stable, with limited inventory keeping prices strong.

• Row Homes (Townhouses):

  • Sales: 1 (-67% YoY)

  • Inventory: 1 (-50% YoY)

  • Benchmark Price: $470,200 (+2% YoY)

  • A significant drop in sales and inventory could signal a lack of available options or shifting buyer preferences.

• Apartments:

  • Sales: 1 (unchanged YoY)

  • Inventory: 1 (unchanged YoY)

  • Benchmark Price: $324,600 (+4% YoY)

  • Modest price growth suggests stable demand for apartment-style living in Chaparral.

2025 Real Estate Outlook

• Slower Sales, but Price Stability: Sales are expected to remain lower in the short term due to affordability constraints, but limited supply should help sustain moderate price growth.

• Inventory Growth & Balanced Market: The rise in inventory suggests a more balanced market, easing pressure on buyers facing competitive conditions in 2024.

• Interest Rates & Affordability: Mortgage rates will play a key role in determining demand. If rates stabilize or decline, sales activity could rebound later in the year.

• Stronger Detached Home Market: Detached homes remain the dominant and most resilient segment, with continued price appreciation likely.

In summary, Chaparral's real estate market in 2025 is moving towards a more balanced environment, with increasing inventory and slowing sales, but home values remain on an upward trend. Buyers may see better opportunities, while sellers can still expect strong pricing, especially in the detached home segment.

Contact us for a Free Home Evaluation.

For the latest community market report, SIGNUP HERE.