Hope Market Report – January 2025

In January 2025, the Hope real estate market is classified as a Balanced Market with an absorption rate of 13.2%. The market in Hope is currently balanced. Both buyers and sellers have reasonable negotiating positions. Always consult a licensed REALTOR® to assess your specific situation.

5 properties sold in Hope during January 2025 based on MLS® records. There were 38 active listings at the start of the month. A total of 36 new listings came to market during the month.

The average sold price in Hope in January 2025 was $789,300. Sold prices ranged from $420,000 to $1,480,000. Data is sourced from MLS® board records.

In January 2025, properties in Hope averaged 62 days on the market before selling. With an absorption rate of 13.2%, the market is currently a Balanced Market. A lower average days-on-market indicates stronger demand.

The average sold price in Hope in January 2025 was $789,300, up 7.2% year-over-year compared to January 2024 ($736,357). Sales volume was down 28.6% compared to the same month last year. Data is sourced from MLS® sold records.