May 2025
Quick Facts- 1.9 %- 1.7 %
Monthly Indicators
May 2025
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 were up 9.0 percent to 687. Pending Sales increased 13.7 percent to 591. Inventory grew 29.1 percent to 2,066 units.
Prices moved lower as Median Sales Price was down 1.7 percent to $ 562,500. Days on Market increased 11.5 percent to 58 days. Months Supply of Inventory was up 32.4 percent to 4.9 months.
There were 1.45 million units actively for sale heading into May, a 9.0 % increase from the previous month and a 20.8 % improvement from the same time last year, for a 4.4-month supply at the current sales pace, according to NAR. The median existing-home price edged up 1.8 % year-over-year to $ 414,000 as of last measure, the 22nd consecutive month of annual price increases and a new record high for the month.
Quick Facts- 1.9 %- 1.7 %
One-Year Change in Closed Sales
One-Year Cha Median Sales
A research tool provided by the Hilton Hea Percent changes are calculated using roun
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 June 10, 2025. Data © 2025 REsides, INC. All Rights Reserved. | Sponsored by South Caro