June 2025 Market Update

by Nick Billock

Welcome to the Blog: Real Estate in Northeast Ohio – June 2025 Market Update

Whether you're a buyer, seller, or just curious about the market, welcome to my blog! I'm excited to share insights, updates, and practical advice about the real estate scene here in Northeast Ohio. Let’s kick things off with a look at what’s happening in today’s market—and how I’m helping clients succeed in it.


Yes, It's Still a Seller’s Market – But Here's Why

You’ve probably heard that the market has cooled from the frenzy of 2021–2022. That’s true—but in many parts of Northeast Ohio, it’s still very much a seller’s market. Why? Inventory remains tight. Fewer homes are hitting the market, especially under the $300K range, and the demand from buyers—especially those relocating, downsizing, or making life changes—is still strong.


Rates Have Settled, But Buyers Are Adapting

Mortgage rates are hovering around the mid-6% range as of June 2025. While that’s higher than the ultra-low rates of a few years ago, buyers are adjusting their expectations and budgets. Many are realizing that the right home, in the right location, is worth securing now rather than waiting on rates to drop.


Inventory Challenges = Opportunity for Sellers

If you’re a homeowner thinking of selling, this is still a strong time to list. Well-priced and well-presented homes are getting multiple offers—especially if they’re move-in ready. Buyers are motivated, and with limited competition, your property can stand out in a big way.


What Sets Me Apart at LPT Realty

Here’s what’s different when you work with me: I’m not just bringing experience and local market knowledge—I’m bringing tools and resources that most agents simply don’t have. As part of LPT Realty, I provide every seller with our exclusive Listing Power Box—a professionally curated marketing toolkit designed to get your home maximum exposure from Day One.

That means premium signage, direct mail, digital advertising, social media boosts, and more—all included, not extra. Add in the national reach and innovation of LPT Realty, and you're getting a modern, tech-savvy marketing plan that gives your property a real edge in this competitive market.


What to Expect from This Blog

Each month, I’ll break down what’s happening in the Northeast Ohio market—from local trends and neighborhood spotlights to helpful tips for navigating buying, selling, or investing. I’ll also be sharing success stories, behind-the-scenes insights, and a few personal updates along the way.

Have questions or want to know what your home is worth in today’s market? Let’s talk. I’m always at your service.

 

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