The real estate market for Smith Lake continued to show signs of a shift in May 2025. Here’s a detailed look at the current trends and what it means for buyers and sellers.

📊 Key May 2025 Data from Graphs

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• Active Listings (Blue): Continued to climb, peaking in May 2025 at just over 200 homes, the highest level in the past 12 months.
• New Listings (Red): Remained steady, with a slight decrease in May, indicating that while new homes are still coming on the market, sellers are starting to react to the slower sales activity.
• Sold Listings (Yellow): Dropped in May 2025 to 10 homes, a steep decline from 19 in May 2024. This matches broader buyer hesitancy and more selective purchasing.

🔷 Year-to-date trend (January–May):

• Steady climb in active listings from 120 in January to over 200 by May
• Lower Sales – Sales are down 12% from the same period in 2024.

📉 Buyer Activity Slows Down

The decline in sold listings in May 2025 marks a nearly 50% drop compared to the same month last year. Buyers are more cautious, taking advantage of higher inventory to negotiate and wait for better opportunities.

🏠 Inventory High, Competition for Sellers

With over 200 active listings by May, sellers are facing more competition than at any time in the past two years. Homes that stand out—priced right, staged, and well-marketed—will continue to sell, but there’s no denying that patience and preparation are key in this market.

📌 Key Takeaways

✅ 10 homes sold in May 2025 (vs 19 in May 2024)
✅ Active listings have risen sharply to over 200
✅ New listings remain steady, but buyers have more choices
✅ Sellers must compete harder—staging, presentation, and pricing are critical

💡 Advice for Buyers and Sellers

• Buyers: More options mean it’s a great time to find a deal—take your time and negotiate!
• Sellers: With lots of competition, partnering with a lakefront expert like Lake & Coast Real Estate Co. can make all the difference.

📞 Let’s talk about how to succeed in this new market: lakeandcoast.com/contact