58 安居客研究院 全国二手房市场年报 1 房地产数智化营销简报 | 2025 | 年核心指标速览 3 | | | | | --- | --- | --- | --- | --- | | 年度对比指标-速览 4 | | | | | | 概要 6 | | | | | | 一、百城二手房年度趋势 | 7 | | | | | 2、 | 各能级城市指标相关性分析 | | | | | 二、百城二手房挂牌量 12 | | | | | | 三、 | 百城二手房找房热度指数 | 16 | | | | 四、 | 百城二手房挂牌时长 | 20 | | | | 百城二手房挂牌时长 | 25 | 年同比 | 24 | 年变化表（天） 23 | | 五、 | 百城二手房挂牌均价 | 24 | | | 二手房市场年报 2025 年核心指标速览 挂牌量： | 城市等级 | 2025 | 年月均挂牌量（万套） | 同比去年 | | --- | --- | --- | --- | | 一线城市 | | 8.2 | ↑10.53% | | 新一线城市 | | 6.5 | ↑13.76% | | 二线城市 | | 2.8 | ↑14.32% | ...

Investment Rating - The report does not explicitly state an investment rating for the real estate sector Core Insights - The second-hand housing market in 100 cities saw a total listing of 2.3717 million units in February 2025, representing a year-on-year increase of 33.2% [13] - The listing volume increased across all city tiers, with first-tier cities up by 29.6%, new first-tier cities by 26.0%, second-tier cities by 37.7%, and third and fourth-tier cities by 47.6% [13] - The housing search heat index for the second-hand market rose by 5.6% year-on-year in February 2025, with first-tier cities increasing by 10.0%, new first-tier cities by 7.9%, second-tier cities by 6.2%, and third and fourth-tier cities by 4.3% [20] - The average listing price per square meter in first-tier cities was 49,841 yuan, down 8.6% year-on-year, while new first-tier cities saw an average of 17,266 yuan, down 9.9% [12][20] Summary by Sections Listing Volume - In February 2025, the listing volume in first-tier cities was 746,000 units, new first-tier cities 594,000 units, second-tier cities 253,000 units, and third and fourth-tier cities 80,000 units [8][13] Search Heat Index - The search heat index for first-tier cities was 68.1, new first-tier cities 71.2, second-tier cities 71.5, and third and fourth-tier cities 75.2, showing increases across all categories [10][20] Listing Duration - The average listing duration was 112.3 days for first-tier cities, 94.9 days for new first-tier cities, 95.5 days for second-tier cities, and 104.2 days for third and fourth-tier cities, with year-on-year increases of 14.6%, 4.9%, 2.8%, and 6.0% respectively [11][29] Average Listing Price - The average listing price per square meter in first-tier cities was 49,841 yuan, new first-tier cities 17,266 yuan, second-tier cities 12,824 yuan, and third and fourth-tier cities 8,227 yuan, all showing year-on-year declines [12][20]