Why new-home prices are falling in summer 2025 – and where buyers can find deals now
For home shoppers holding out for better prices, now might be the time to start looking.
Prices in many of the country's most popular markets — including markets in Florida, California, and Texas — have fallen significantly, reports NewHomeSource.
'New-home prices can come down for one of two reasons,' says Ali Wolf, chief economist for NewHomeSource.
See More: The 2025 housing market: What it means for new home buyers
Reason one : A builder begins building communities further away from city centers. "Those shifts alone could lower prices without home prices actually falling," said Wolf.
Reason two : Market response.
'If affordability gets stretched too much or consumer confidence weakens and buyer demand slows, home prices can come down as builders try to 'find the market,'' Wolf says.
See More: Here's how U.S. tariffs may affect home prices in 2025
What's Happening with the New Home Market in 2025
According to April 2025 data from Zonda, several markets have seen prices fall considerably from their recent peaks, opening the door for:
More affordability/greater buying power
Better deals
Builder incentives
While homes in many markets remain expensive, the recent drops signal a fundamental shift in buyer leverage.
'You will find some good value in the new home market today, especially compared to resale properties,' said Wolf.
The latest data reveals several trends and patterns emerging related to pricing in the new-home market:
Florida's Price Declines: In 50 metros analyzed by Zonda, five of the top 10 markets with the biggest price drops were in Florida:
Jacksonville (-22.3%)
Naples (-21.9%)
North Port (-19.2%)
Cape Coral (-14.2%)
Miami (-13.7%)
San Francisco's Double Dip: New-home prices in San Francisco were 18.2% below their peak of approximately $1.2 million. It was also the lone market where April 2025 prices were below 20219 levels (down 15.1%).
Cooling Pandemic Hotspots: Salt Lake City (-15.4%) and Austin (-14.2%), which had significant booms in the pandemic, saw prices fall well below their peaks.
At the Peak: Philadelphia, San Jose, and Port St. Lucie were the only markets analyzed to reach a new pricing peak in April.
San Jose also earned the distinction as the most expensive market analyzed, with an average new-home price of $1.8 million.
Nearing the Top: Home prices in Orlando, Baltimore, Minneapolis, Nashville, and Los Angeles were all within 3% of the peak in April.
See More: Creative ways first-time buyers are securing homes in 2025
What Does This Mean for You?
The declines in prices mean that markets that may have felt out of reach for would-be buyers are now more accessible. At the very least, these markets now come with better terms.
Bottom line: For shoppers who have been on the fence, now may be the time to revisit areas they were previously priced out of and take advantage of builder incentives.
That said, urgency matters; these lower prices may not last. As the market adjusts, today's opportunities could turn into tomorrow's regrets.
NewHomeSource is a platform for new home listings with homebuilder reviews.
This story was produced by NewHomeSource and reviewed and distributed by Stacker.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
27 minutes ago
- Yahoo
Standard Premium Delivers Strong Q2 Performance Highlighting Enhanced Efficiency and Company Growth
Standard Premium Finance Holdings, Inc. MIAMI, July 24, 2025 (GLOBE NEWSWIRE) -- Standard Premium Finance Holdings, Inc. ("Standard Premium") (OTCQX: SPFX), a leading specialty finance company, announces strong preliminary financial and operational results for the second quarter and first half of 2025, highlighting growth in the Company's loan portfolio, stable originations, improved funding costs and continued return-on-equity growth. As of June 30, 2025, the Company's loan portfolio exceeded $70 million, representing a 9.7% increase since December 2024. For Q2, Standard Premium reported $3.1 million in revenue, income before taxes of $345,000 and return-on-equity of 15%. Basic and diluted earnings per share were $0.08 and $0.06, respectively. 'Our performance reflects a strong focus on long-term value creation and capital-efficient growth,' says William Koppelmann, CEO, Standard Premium. 'As we continue to expand our national footprint and build on our operating strengths, we look ahead to the second half of the year as an opportunity to deepen our market presence, strengthen our customer relations and drive sustained performance for our shareholders.' Year-to-date (YTD), the Company has generated $6 million in revenue and $783,500 in income before taxes. Basic earnings per share for the first half of 2025 reached $0.18, with diluted EPS of $0.14. YTD return on equity climbed to 18%, supported by stable originations, disciplined cost control and improved funding efficiency. 'We remain focused on sustainable, margin-conscious growth,' adds Brian Krogol, CFO, Standard Premium. 'Improved cost of funds and careful expense management have positioned us to continue delivering value across market cycles.' About Standard Premium Finance Holdings, Inc. Standard Premium Finance Holdings, Inc. (OTCQX: SPFX), is a specialty finance company which has financed premiums on over $2 Billion of property and casualty insurance policies since 1991. We currently operate in 38 states and are seeking M&A opportunities of synergistic businesses to leverage economies of scale. Cautionary Statement Regarding Forward-Looking Statements This press release includes "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995 and within the meaning of Section 27a of the Securities Act of 1933, as amended, and Section 21e of the Securities Exchange Act of 1934, as amended with regard to our anticipated earnings, future growth and outlook. Our actual results may differ from expectations presented or implied herein and, consequently, you should not rely on these forward-looking statements as predictions of future events. We do not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statement to reflect any change in our expectations or any change in events, conditions or results.
Yahoo
27 minutes ago
- Yahoo
FlowCore Water Expands Operations with New Southlake Location
Established Water Solutions Provider Brings Over Two Decades of Expertise to North Texas Communities SOUTHLAKE, Texas, July 24, 2025 /PRNewswire/ -- FlowCore Water, a leading provider of comprehensive water solutions with over 20 years of industry experience, announces the opening of its new Southlake location at 950 E. State HWY 114, Suite 160, Southlake, TX 76092. The facility, which opened in June 2025, extends the company's specialized water services to residents and businesses throughout Southlake, Justin, Westlake, Keller, Grapevine, Northlake, and Decatur. The new Southlake location offers FlowCore Water's complete range of services, including water well drilling, well pump installation and repair, irrigation system design and installation, and comprehensive filtration system design, installation, and repair. The company serves residential, commercial, and municipal clients throughout the region. "We've seen tremendous demand for specialized water providers who truly understand water systems from the source to the home in the Saginaw area," said Robert Regan, General Manager of FlowCore Water. "This expansion to Southlake allows us to bring our two decades of expertise to new communities throughout North Texas that need reliable, professional water solutions." FlowCore Water has built its reputation on delivering comprehensive water system solutions that address the unique challenges of North Texas water conditions. The company's experienced team provides end-to-end services from initial consultation and system design through installation, maintenance, and repair services. The Southlake location represents FlowCore Water's commitment to meeting growing demand for professional water services in the expanding North Texas market. The company's original location in Fort Worth continues to serve the Saginaw area and surrounding communities. FlowCore Water's services include: Water well drilling and installation Well pump installation, maintenance, and repair Irrigation system design and installation Water filtration system design, installation, and repair Comprehensive water system consultation and support For more information about FlowCore Water's services or the new Southlake location, visit or call (817) 753-8514. Learn more about well drilling and pump services at About FlowCore Water Founded over 20 years ago, FlowCore Water is a trusted provider of comprehensive water solutions serving residential, commercial, and municipal clients throughout North Texas. The company specializes in water well drilling, pump systems, irrigation, and filtration services, delivering reliable water solutions backed by decades of industry expertise. FlowCore Water operates locations in Fort Worth and Southlake, Texas. Media Contact: Tia RychertFlowCore WaterEmail: tia@ View original content to download multimedia: SOURCE FlowCore Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Associated Press
30 minutes ago
- Associated Press
California utility creates fund for victims of January's deadly Eaton Fire near LA
LOS ANGELES (AP) — Southern California Edison announced this week that it will create a fund to compensate victims of January's devastating Eaton Fire near Los Angeles. Investigators haven't yet determined a cause for the blaze that killed 19 people and destroyed more than 9,400 homes and other structures in Altadena. The creation of the Wildfire Recovery Compensation Program seems to suggest that the utility is prepared to acknowledge what several lawsuits claim: that its equipmentsparked the conflagration. 'Even though the details of how the Eaton Fire started are still being evaluated, SCE will offer an expedited process to pay and resolve claims fairly and promptly,' Pedro Pizarro, chief executive of Edison International, the utility's parent company, said in a statement Wednesday. 'This allows the community to focus more on recovery instead of lengthy, expensive litigation.' It is not clear how much money the utility will contribute to the fund, but a lawsuit filed by Los Angeles County in March claims that costs and damage estimates were expected to total hundreds of millions of dollars. SCE said the compensation program, which will go into effect this fall, would be open to those who lost homes, rental properties or businesses. It would also cover those who suffered injuries, were harmed by smoke or had family members who were killed. The plan is being created by administrators who helped form similar programs, including the September 11th Victim Compensation Fund of 2001. LA County previously won more than $64 million in a settlement with Southern California Edison over the 2018 Woolsey Fire. Investigators determined SCE's equipment sparked that blaze, and the utility also paid more than $2 billion to settle related insurance claims. Utility equipment has sparked some of the deadliest and most destructive fires in state history in recent years. Investigators are also working to determine the cause of the Palisades Fire, which broke out shortly before the Eaton Fire and killed 12 people and destroyed thousands of structures in Los Angeles.