January 2025
Quick Facts + 14.2 % - 4.7 %
Monthly Indicators
January 2025
U . S . existing-home sales fell for the first time since September , slipping 4.9 % monthover-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 yearover-year increase .
New Listings were up 15.0 percent to 621 . Pending Sales decreased 10.7 percent to 392 . Inventory grew 25.2 percent to 1,679 units .
Prices moved lower as Median Sales Price was down 4.7 percent to $ 547,900 . Days on Market increased 35.3 percent to 69 days . Months Supply of Inventory was up 29.0 percent to 4.0 months .
The limited number of properties for sale has continued to push home prices higher nationwide . At last measure , the national median existing-home price was $ 396,900 , a 4.8 % increase from one year earlier , with prices up in all four regions , according to NAR . Meanwhile , total housing inventory heading into February stood at 1.18 million units , up 3.5 % month-over-month and 16.8 % year-over-year , for a 3.5-month supply at the current sales pace .
Quick Facts + 14.2 % - 4.7 %
One-Year Change in Closed Sales
One-Year Cha Median Sales
A research tool provided by the Hilton Hea Percent changes are calculated using rou
Market Overview New Listings Pending Sales Closed Sales Days on Market Until Sale Median Sales Price Average Sales Price Percent of List Price Received Housing Affordability Index Inventory of Homes for Sale Months Supply of Inventory
Current as of March 6 , 2025 . Data © 2025 REsides , INC . All Rights Reserved . | Sponsored by South Caro