Tuscany Real Estate Market Summary – January 2025

Market Overview

In January 2025, the Tuscany real estate market saw steady growth, with an 8.0% year-over-year (Y/Y) increase in the total residential benchmark price, reaching $717,000. Sales activity was also on the rise, with 16 total residential sales, marking a 14% Y/Y increase. New listings increased 18% Y/Y, reaching 20 new properties on the market. However, inventory saw a significant rise of 157% Y/Y, indicating a more balanced market.

The sales-to-new listings ratio stood at 0.80, suggesting a shift away from a strong seller’s market. The months of supply increased to 1.13, signaling a slight softening in competition among buyers compared to previous months.

Market Trends by Property Type

• Detached Homes:

  • The benchmark price reached $802,700, an 11% Y/Y increase.

  • Sales in this segment remained strong, accounting for a significant share of transactions.

  • Inventory levels increased 27% Y/Y, indicating more options for buyers.

• Semi-Detached Homes:

  • No sales were recorded for this segment in January 2025.

  • Inventory and months of supply remained at zero, likely due to low availability.

• Row/Townhomes:

  • Sales increased 300% Y/Y, with 4 units sold.

  • The benchmark price reached $469,200, up 9% Y/Y.

  • Inventory remained stable.

• Apartments:

  • Sales declined 50% Y/Y, with only 2 units sold.

  • The benchmark price was $420,700, up 5% Y/Y.

  • Inventory levels dropped 40% Y/Y, indicating demand remains relatively strong despite lower sales.

2025 Real Estate Outlook

• Continued Price Growth: Home prices in Tuscany are expected to trend upward in 2025, albeit at a moderated pace compared to the sharp increases seen in previous years.

• Increased Inventory: The rise in available listings and inventory levels suggests that buyers may have more choices in the coming months, potentially easing competition.

• Balanced Market Conditions: With sales and new listings increasing, but at a more sustainable rate, the Tuscany market is moving towards a balanced environment.

• Strong Demand for Detached and Row Homes: While apartment sales saw a dip, the demand for detached and row homes remains high, with steady price appreciation in these segments.

Overall, Tuscany's real estate market in early 2025 reflects a transition toward more stable conditions, with sustained demand for housing and gradual price increases across most property types.