January Market Report

U.S. existing-home sales climbed 5.1% month-over-month and 1.4% year-over-year to a seasonally adjusted annual rate of 4.35 million units, the strongest pace in nearly three years, according to the National Association of REALTORS® (NAR). Lower mortgage rates and slower home price growth helped spur buyer activity, and sales increased month-over-month in every region. On an annual basis, sales rose in the South, held steady in the West and Midwest, and declined in the Northeast.

New Listings decreased 3.5 percent to 83. Pending Sales increased 15.8 percent to 88. Inventory decreased 4.3 percent to 493.

Median Sales Price increased 22.1 percent from $215,000 to $262,500. Days on Market increased 28.8 percent to 94. Months Supply of Inventory decreased 12.2 percent to 4.3.

Nationally, there were 1.18 million homes for sale heading into January, an 18.1% decline from the previous month but 3.5% higher compared to the same period last year, representing a 3.3-month supply at the current sales pace, according to NAR. Meanwhile, the median existing-home price rose 0.4% from a year ago to $405,400, reflecting a continued moderation in national price growth.

Curious about the current value of your home? Don’t hesitate to reach out to a member of the Kira Witherwax Team at RE/MAX North Country.

To view the full Market Report for January download the link below.

ACVMLS - January 2026 Housing Report - FEBRUARY Release.pdf

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