National Housing Snapshot for August 2025



Existing-home sales remained essentially the same in August, ticking down by 0.2% from July, according to the National Association of REALTORS® Existing-Home Sales Report.

Month-over-month sales increased in the Midwest and West, and fell in the Northeast and South. Year-over-year, sales rose in the Midwest and South, and fell in the Northeast and West.

Total Existing-Home Sales for August

  • 0.2% decrease in total existing-home sales month-over-month to a seasonally adjusted annual rate of 4.0 million.
  • 1.8% increase in sales year-over-year.

Inventory in August

  • 1.53 million units: Total housing inventory, , down 1.3% from July and up 11.7% from August 2024 (1.37 million).
  • 4.6-month supply of unsold inventory, no change from July and up from 4.2 months in August 2024.

Median Sales Price in August

  • $422,600: Median existing-home price for all housing types, up 2.0% from one year ago ($414,200) – the 26th consecutive month of year-over-year price increases.

Read more details here

Source: National Association of REALTORS® 9/25/25

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