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REMAX's August National Housing Report, which surveyed 51 metro areas, is out now. Let’s dive into what these numbers really mean for homebuyers and sellers, plus what key trends to keep an eye on in today’s market.
In a quick snapshot:
Prices rose year-over-year but were down slightly month-over-month.
Homes spent more time on the market compared to both last year and last month.
Sales dropped both annually and monthly, - this aligns with typical seasonal patterns.
Monitoring market trends can help you time your housing decisions strategically for both buyers and sellers.
Seasonal
Shifts Persist
Browse Listings
MARKET TRENDS
NEW LISTINGS
HOME INVENTORY
HOME SALES
MEDIAN SALE PRICE
HOME INVENTORY
HOME SALES
NEW LISTINGS
MEDIAN SALE PRICE
5.5%
1.6%
Month-over-month
Year-over-year
The number of homes for sale in August 2025 was up 24.4% from August 2024, and down 0.4% from July 2025.
Home Sales Down in August
A DEEPER DIVE
Trenton, NJ
Aug 2025: 305
Aug 2024: 343
Home Sales: 5 Markets with the Biggest YoY DEcrease
101
%
104
%
Hartford, CT was down to 104%, from 104.2% in August 2024
In August 2025, the average close-to-list price ratio of all 51 metro areas in the report was 99%, the same as August 2024 and July 2025.
%
0
10
20
30
40
50
60
99
WHAT THE REPORT MEANS FOR YOU
August's report had some interesting metrics to note. While home prices were up there are some metro areas where homeownership is still atainable at a moderate price. Homes were staying longer on the market and more options were available to buyers. Check out our blog to take an even deeper look at the numbers
National Housing Report Quiz
TAMPA, FL
San Diego, CA
SAN FRANCISCO, CA
MIAMI, FL
-11.1%
Aug 2025: 2,019
Aug 2024: 2,229
-9.4%
Aug 2025: 2,471 Aug 2024: 2,720
-9.2%
Aug 2025: 4,507
Aug 2024: 4,953
-9.0%
Aug 2025: 5,528
Aug 2024: 6,056
-8.7%
+
+
+
+
+
CLOSE-TO-LIST PRICE RATIO
“Housing market activity has recently been influenced by seasonal shifts and broader economic forces. While affordability remains a challenge in many areas, despite some recent improvements in mortgage rates, opportunities persist..."
- REMAX Holdings, Inc. CEO Erik Carlson
In Agusust 2025, the number of home sales was down 1.6% compared to August 2024, and down 5.5% from July 2025.
When the number is above 100%, the home closed for more than the list price. If it’s less than 100%, the home sold for less than the list price.
New York, NY was up to 101.3% from 101.2% in August 2024
101
%
San Francisco, CA was down to 101.7%, from 102.8% in August 2024
100
%
Manchester, NH was down in July at 100.9%, from 102.6%, in August 2024
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Get advice on choosing a new neighborhood and finding the right home.
Year-over-year
Month-over-month
1.9%
0.6%
Year-over-year
Month-over-month
24.4%
0.4%
Year-over-year
5.9%
9.2%
Month-over-month
WashinGton, D.C.
+
Aug 2025: 7,338
Aug 2024: 10,375
-29.3%
Baltimore, MD
+
Aug 2025: 3,660
Aug 2024: 5,308
-31.0%
Philadelphia, PA
+
Aug 2025: 6,349
Aug 2024: 10,180
-37.6%
Dover, DE
+
Aug 2025: 241
Aug 2024: 388
-37.9%
+
Trenton, NJ
Aug 2025: 368
Aug 2024: 667
-44.8%
The number of newly listed homes was down 5.9% compared to August 2024, and down 9.2% compared to July 2025.
New Listings: 5 Markets with the Biggest YoY DECREASE
St. Louis, MO
+
Aug 2025: $287,750
Aug 2024: $270,000
+6.6%
Pittsburgh, PA
+
Aug 2025: $270,000
Aug 2024: $251,000
+7.6%
Tulsa, OK
+
Aug 2025: $266,000
Aug 2024: $278,000
-4.3%
Wichita, KS
+
Aug 2025: $260,000
Aug 2024: $250,000
+4.0%
+
Cleveland, OH
Aug 2025: $260,000
Aug 2024: $242,000
+7.4%
In August 2025, the median sales price was $448,000, up 1.9% from August 2024, and down 0.6% from July 2025.
MEDIAN SALE PRICE: 5 Markets With the Lowest Median Sale Price
TAMPA, FL
+
Aug 2025: 72 days
Aug 2024: 55 days
+31.5%
Phoenix, AZ
+
Aug 2025: 74 days
Aug 2024: 63 days
+17.2%
Coeur d’Alene, ID
+
Aug 2025: 75 days
Aug 2024: 69 days
+9.6%
SAN ANTONIO, TX
+
Aug 2025: 79 days
Aug 2024: 70 days
+12.5%
+
Miami, FL
Aug 2025: 80 days
Aug 2024: 62 days
+29.7%
The average days on market was 47, up 8 days compared to the average in August 2024 and up 3 days from July 2025.
DAYS ON MARKET: 5 Markets with the Biggest YoY Increase
Top Trends
Regional Highlights
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2025
NAtional Housing Report RECAP
U.S. Home Prices & Sales - AUGUST 2025
Home sales were down 1.6% from August 2024 and 5.5% from July 2025. Overall, home sales have trailed 2024 levels in five of the first eight months of the year.
INVENTORY WAS Up YoY
HOme Prices were Up YoY
In August 2025, the median of all 51 metro area sales prices was $448,000, up 1.9% from August 2024, and down 0.6% compared to July 2025.
In the 51 metro areas surveyed in August 2025, the number of newly listed homes was down 5.9% compared to August 2024, and down 9.2% compared to July 2025.
NEW LISTINGS WERE DOWN
