top of page
News & Updates


April Market Report
U.S. existing-home sales fell 3.6% month-over-month and 1.0% year-over-year to 3.98M (NAR) due to low supply and affordability. Sales dropped in all regions monthly; yearly gains in the South/West, declines in Midwest/Northeast. New listings rose 22.8% (199), pending sales 23.9% (109). Inventory fell 2.5% (541). Median price dropped to $215K; days on market rose to 106; supply fell to 4.7 months. National median price rose 1.4% to $408,800.
Kira Witherwax
May 251 min read


February Market Report
U.S. existing-home sales fell 8.4% to 3.91 million, down 4.4% year-over-year, despite improved affordability. Sales declined across all regions after recent gains. New listings rose 7.7%, while pending sales dropped 2.6%. Inventory fell 4.1%, and months supply decreased to 4.2. Median price rose to $250,000 locally and $396,800 nationally. Days on market increased to 129 as limited supply continues to drive prices upward.
Kira Witherwax
Mar 231 min read


January Market Report
U.S. existing-home sales rose 5.1% month-over-month and 1.4% year-over-year to a 4.35M annual rate—the strongest in nearly three years—per the National Association of REALTORS. Lower mortgage rates boosted demand across regions. New listings fell 3.5%, inventory dropped 4.3%, and months’ supply declined to 4.3. The median price jumped to $262,500 locally and $405,400 nationally, while days on market rose to 94.

Kira Witherwax
Feb 281 min read


December Market Report
U.S. existing-home sales rose 0.5% MoM to 4.13M but fell 1.0% YoY, with gains in the Northeast and South. New listings dropped 29.2% to 63, pending sales rose 6.3% to 85, and inventory fell 3.1% to 534. Median price climbed 4.6% to $250K. National median price hit $409,200, up 1.2% YoY, as supply remained tight at 1.43M homes, a 4.2-month supply.

Kira Witherwax
Jan 311 min read


November Market Report
U.S. existing-home sales rose 1.2% month-over-month to a 4.10M annual rate as buyers benefited from lower mortgage rates, according to NAR. Sales increased in the Midwest and South, were flat in the Northeast, and dipped in the West. New listings fell 12.1%, while pending sales rose 9.6% and inventory edged up. Median sales price jumped to $305,000 locally and $415,200 nationally, marking 28 straight months of annual price gains.

Kira Witherwax
Dec 22, 20251 min read


October Market Report
U.S. existing-home sales rose 1.5% monthly and 4.1% yearly to a 4.06M pace as mortgage rates fell. Inventory increased and prices continued rising. Locally, new listings fell 3.8%, pending sales jumped 20.3%, and inventory rose 13.7%. Median price climbed to $289,500, with days on market and months supply both increasing.

Kira Witherwax
Nov 21, 20251 min read


September Market Report
U.S. existing-home sales rose 2.0% MoM and 0.8% YoY to 4.01M units (NAR), above forecasts of 3.92M. Sales rose in the West, South, and Northeast but fell in the Midwest. New listings rose 11.3%, pending sales 17.3%, and inventory 14.2%. Median sales price jumped 14.2% to $283,750. Days on market fell 6.8% to 69. Nationally, 1.55M homes were for sale in August—up 15.7% YoY—representing a 4.6-month supply. Median price rose 0.2% YoY to $422,400.

Kira Witherwax
Oct 23, 20251 min read


August Market Report
U.S. existing-home sales rose 2.0% MoM and 0.8% YoY to 4.01M units (NAR), above forecasts of 3.92M. Sales rose in the West, South, and Northeast but fell in the Midwest. New listings rose 11.3%, pending sales 17.3%, and inventory 14.2%. Median sales price jumped 14.2% to $283,750. Days on market fell 6.8% to 69. Nationally, 1.55M homes were for sale in August—up 15.7% YoY—representing a 4.6-month supply. Median price rose 0.2% YoY to $422,400.

Kira Witherwax
Sep 25, 20251 min read


July Market Report
U.S. existing-home sales fell 2.7% in July to a 3.93M annual rate, unchanged from a year ago. Sales dropped in the Midwest, Northeast, and South but rose in the West. Year-over-year, sales rose in the South and Midwest. New listings fell 16.6% to 221; pending sales rose 6.8% to 158. Inventory rose 13.5% to 739. Median price rose 2.7% to $241,250. National median hit $435,300, up 2%, with 1.53M homes for sale—a 4.7-month supply.

Kira Witherwax
Aug 20, 20251 min read


June Market Report
U.S. existing-home sales edged up 0.8% month-over-month to a seasonally adjusted annual rate of 4.03 million units, exceeding economists’ expectations, although sales were down 0.7% year-over-year, according to the National Association of REALTORS® (NAR). On a monthly basis, sales increased in the Midwest, Northeast, and South but decreased in the West. New Listings increased 40.3 percent to 275. Pending Sales increased 18.0 percent to 144. Inventory increased 24.1 percent to

Kira Witherwax
Jul 23, 20251 min read


May Market Report
U.S. existing-home sales dipped 0.5% month-over-month and 2.0% year-over-year to a seasonally adjusted annual rate of 4.00 million units, according to the National Association of REALTORS® (NAR). Sales increased in the Midwest, decreased in the West and Northeast, and were unchanged in the South. Year-over-year, sales were down in every region except the Northeast. New Listings increased 13.8 percent to 223. Pending Sales increased 4.2 percent to 125. Inventory increased 14.7

Kira Witherwax
Jun 27, 20251 min read


April Market Report
U.S. existing-home sales decreased 5.9% month-over-month and 2.4% year-over-year to a seasonally adjusted annual rate of 4.02 million units, according to the National Association of REALTORS® (NAR), as affordability challenges and economic uncertainty weigh on market activity. Sales were down month-over-month in all four regions, with the West experiencing the largest decline, at 9.4%. New Listings increased 33.6 percent to 159. Pending Sales were up 13.2 percent to 103. Inve

Kira Witherwax
May 24, 20251 min read


March Market Report
U.S. existing-home sales rebounded from the previous month, rising 4.2% to a seasonally adjusted annual rate of 4.26 million units, according to the National Association of REALTORS® (NAR). Economists polled by Reuters had forecast sales would fall to a rate of 3.95 million for the month. Purchase activity increased in the South and the West but decreased in the Northeast, while sales in the Midwest remained unchanged from one month earlier. New Listings increased 13.7 percen

Kira Witherwax
Apr 25, 20251 min read


February Market Report
U.S. existing-home sales fell for the first time since September, slipping 4.9% month-over-month to a seasonally adjusted annual rate of 4.08 million units, according to the National Association of REALTORS® (NAR), as elevated home prices and higher interest rates continue to impact buyer activity. Despite the drop, sales were up 2% compared to the same period last year, marking the fourth consecutive monthly year-over-year increase. New Listings decreased 18.9 percent to 77.

Kira Witherwax
Mar 23, 20251 min read


January Market Report
U.S. existing-home sales advanced for the third straight month, climbing 2.2% to a seasonally adjusted annual rate of 4.24 million units, a 10-month high, according to the National Association of REALTORS® (NAR). Sales were up 9.3% year-over-year, driven largely by purchases of homes priced $500,000 and above. Month-over-month, sales rose in the South, Northeast, and the West but fell in the Midwest, with all four regions reporting year-over-year gains. New Listings decreased

Kira Witherwax
Feb 25, 20251 min read


December Market Report
U.S. existing-home sales improved for the second consecutive month, rising 4.8% to a seasonally adjusted annual rate of 4.15 million units, an eight-month high, according to the National Association of REALTORS® (NAR). Sales were up 6.1% compared to the same time last year, marking the largest year-over- year increase since June 2021. Economists had forecast existing-home sales would come in at an annual rate of 4.07 million units for the month. New Listings increased 45.0 pe

Kira Witherwax
Jan 25, 20251 min read


November Market Report
U.S. existing-home sales rose 3.4% month-over-month and 2.9% year-over- year to a seasonally adjusted annual rate of 3.96 million units, exceeding economists’ expectations for the month and marking the first annual gain since July 2021, according to the National Association of REALTORS® (NAR). Lower mortgage rates in late summer and early fall helped sales increase across all four regions. New Listings increased 30.5 percent to 107. Pending Sales were up 30.9 percent to 106.

Kira Witherwax
Dec 23, 20241 min read


September Market Report
U.S. existing-home sales slid 2.5% month-over-month and 4.2% year-over-year to a seasonally adjusted annual rate of 3.86 million units, according to the National Association of REALTORS® (NAR). Meanwhile, home prices have continued to reach record heights nationwide, with NAR reporting a median sales price of $416,700 as of last measure, a 3.1% increase from the same time last year and a new high for the month. New Listings decreased 2.5 percent to 159. Pending Sales were up

Kira Witherwax
Oct 28, 20241 min read


August Market Report
U.S. existing-home sales increased for the first time in 5 months, as lower mortgage rates and rising supply helped boost market activity. According to the National Association of REALTORS® (NAR), sales of previously owned homes rose 1.3% month-over-month to a seasonally adjusted annual rate of 3.95 million units, exceeding economists’ expectations and ending the downward trend of recent months. New Listings increased 7.6 percent to 185. Pending Sales were up 6.9 percent to 1

Kira Witherwax
Sep 20, 20241 min read


July Market Report
U.S. existing home sales fell 5.4% month-over-month and 5.4% year-over-year to a seasonally adjusted annual rate of 3.89 million units, with monthly sales down in all four regions, according to the National Association of REALTORS® (NAR). Higher mortgage rates, along with rising sales prices, have kept many prospective buyers on the sidelines, despite more home choices and less competition for those homes. New Listings increased 32.5 percent to 261. Pending Sales were up 5.2

Kira Witherwax
Aug 23, 20241 min read
bottom of page
