The year is not over but I had some time and decided to look at the current numbers compared to last year. I can tall you that the market of 2025 started very slow. It took a few months to get rolling and once it did, it felt more like a normal year. Below are some numbers that may surprise you. I will update them once the year closes out.
In 2024 there were 46 home sales. In 2025 there were 36, that is a fairly significant drop. I believe the drop was caused by lack of inventory, not because Eastman raised the buy in fee. I’ve seen little affect on the buy in increase.
I 2024 there were 13 condos that sold, in 2025 19 condos sold, I nice increase over the previous year. Inventory of available units was key here.
Now the really interesting part, values. I’ve been saying for a while that the housing market has peaked. Here are the numbers to back that up.
In 2024 the median sold price of an Eastman single family home was $575,000 yet in 2025 the median price of a sold home was $519,000 So fewer homes sold in 2025 for significantly less money than in 2024. You would think that lower inventory would prop up prices but it didn’t.
For condos, just the opposite happened. In 2024 the median price of a sold condo was $380,000. In 2025 the median sold price was $470,000 with a year that had more inventory. A nearly 25% increase in price over the course of 1 year? Impressive…
It very curious to me that in this community of over 1000 home and 336 condos, that they could head in opposite directions like this. It really makes me wonder what 2026 is going to bring.