December home sales jumped 14.9% from November and landed 5.0% above last year,
capping a year that closely tracked 2024 across
the 52 surveyed metros. Sales in 2025 were evenly split: six months trailed 2024, six months beat it — including five of the last seven.
Housing Report Snapshot:
Median sales price was up 1.1% year over year and up 6.2% from 2023.
New Listings were down 6.6% year over year and down 23.2% month over month.
Sellers accepted 98% of the asking price unchanged from last year and last month.
Sales Rose as Prices Eased
Browse Listings
Market Trends
New Listings
Home Inventory
Home Sales
Median Sales Price
14.9%
5.0%
Month-over-month
Year-over-year
The number of homes for sale in December 2025 increased by 16.5% year-over-year,
while also showing a 11.0% decline from the previous month.
Sales Were Up in Winter
A Deeper Dive
Home Sales: 3 Markets with the Biggest Year Over Year Increase
100.1
%
101.8
%
Hartford, CT was down to 101.8% from 102.1% in December 2024
In December 2025, the average close-to-list price ratio of all 52 metro areas in the report was 98%, the same as December 2024 and November 2025.
%
0
10
20
30
40
50
60
98
What the Report Means For You
December’s National Housing Report is out, and the market largely followed its usual seasonal patterns. Home prices stayed steady, some properties sold slightly below asking, and inventory continued to rise. Wondering what this means for buyers and sellers? The REMAX Blog breaks it all down — here are the key takeaways.
National Housing Report Quiz
Close-to-List Price Ratio
"The December housing market continued to show signs of normalization. Inventory rose, prices leveled and activity remained resilient – all indicators of a market finding healthier footing..."
- REMAX CEO Erik Carlson
Home sales were up 5.0% year-over-year and were up 14.9% from November 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 100.1% which was up from 99.8% in December 2024
101.6
%
San Francisco, CA was up to 101.6%, from 101.5% in December 2024
99.9
%
Manchester, NH was down to 99.9%, from 100.6%, in December 2024
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Year-over-year
Month-over-month
1.1%
0.3%
Year-over-year
Month-over-month
16.5%
11.0%
Year-over-year
6.6%
23.2%
Month-over-month
+
Dover, DE
Dec. 2025: 145
Dec. 2024: 289
-49.8%
In December 2025, new home listings dropped 6.6% year-over-year and fell 23.2% from last month.
New Listings: 3 Markets with the Biggest Year Over Year Decrease
Top Trends
Regional Highlights
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2025
REMAX'S National Housing Report Recap
U.S. Home Prices and Sales - December 2025
Home sales were up 14.9% from November 2025 and were up 5.0% compared to December 2024, showing resiliance in the market.
Inventory was Up and Down
Home Prices Were Up
Median sales price reached $434,000, up 1.1% from a year ago. Month-over-month, prices dipped 0.3%.
Among the surveyed metros, new listings fell 23.2% month-over-month. Year-over-year, listings slipped 6.6%.
New Listings Were Down
+
Trenton, NJ
Dec. 2025: 206
Dec. 2024: 383
-46.2%
+
Philadelphia, PA
Dec. 2025: 3,589 Dec. 2024: 6,655
-46.1%
+
Manchester, NH
Dec. 2025: 395
Dec. 2024: 300
+31.7%
+
Raleigh, NC
Dec. 2025: 2,036
Dec. 2024: 1,708
+
Wichita, KS
In December 2025, the median sale price was $434K, up 1.1% YoY and down 0.3% from last month.
Median Sale Price: 3 Markets with the Biggest Year Over Year Increase
+
Coeur d'Alene, ID
Dec. 2025: $575,000
Dec. 2024: $530,000
+8.5%
+
Burlington, VT
+
Anchorage, AK
Homes averaged 61 days on market in December 2025, up 7 days YoY and the same as Nov. 2025.
Days on Market: 3 Markets with the Highest Days on Market
+
St. Louis, MO
+
Baltimore, MD
+
Raleigh, NC
+19.2%
Dec. 2025: 768
Dec. 2024: 612
+25.5%
Dec. 2025: $456,000
Dec. 2024: $425,000
Dec. 2025: $410,000
Dec. 2024: $383,150
+7.3%
+7.3%
Dec. 2025: 54 days
Dec. 2024: 37 days
+45.0%
Dec. 2025: 45 days
Dec. 2024: 34 days
Dec. 2025: 78 days
Dec. 2024: 62 days
+33.1%
+27.0%
HOME SALES
NEW LISTINGS
MEDIAN SALE PRICE
HOME INVENTORY
Home Sales
Home Inventory
Median Sales Price
New Listings
Housing Report Snapshot: