December 2025 Monthly Statistics

U.S. existing home sales rose 0.5% from the previous month to a seasonally adjusted annual rate of 4.13 million, marking the third consecutive monthly increase, according to the National Association of REALTORS® (NAR). Despite the monthly gain, sales were down 1.0% compared with the same period last year. Regionally, sales increased month-over-month in the Northeast and South, remained unchanged in the West, and declined in the Midwest. On a year-over-year basis, sales were flat in the Northeast and South but fell in both the Midwest and West.

New listings decreased 3.1% for single-family homes and 13.5% for condominiums. Pending sales increased 48.8% for single-family homes but remained flat for condominiums. Inventory grew 14.5% for single-family homes and 18.4% for condominiums. Median sales prices declined, dropping 2.0% to $1,340,000 for single-family homes and 25.6% to $640,000 for condominiums. Days on market increased 1.6% for single-family homes and 38.5% for condominiums, while months’ supply of inventory rose 23.1% for single-family homes and 29.5% for condominiums.

The national median existing-home price continued its upward trend, rising 1.2% year-over-year to $409,200, marking the 29th consecutive monthly increase and reflecting ongoing tight housing supply. At the end of November, there were 1.43 million units for sale, down 5.9% from the previous month but up 7.5% compared with the same time last year, representing a 4.2-month supply at the current sales pace.

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