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 701.

Median Sales Price decreased 6.8 percent from $264,000 to $246,000. Days on Market decreased 14.3 percent to 84. Months Supply of Inventory increased 20.4 percent to 6.5.

Heading into June, there were 1.54 million units for sale across the country, a 6.2% increase from the previous month and a 20.3% improvement over the same period last year, representing a 4.6-month supply at the current sales pace, according to NAR. Despite the additional supply, home prices have continued to rise nationwide, albeit at a slower pace than during the pandemic, climbing 1.3% year-over-year to $422,800 as of last measure.

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 June download the link below.

ACVMLS-June 2025- JULY Release.pdf

Download PDF • 366KB