February's National Housing Report signaled the start of spring movement. Home sales picked up speed month over month, and homes sold faster for the first time after nine consecutive months of rising days on market. Inventory continued its year-over-year climb across the 50 surveyed metros, which gave buyers more options heading into the busy spring season.
Spring Signals
Browse Listings
Market Trends
New Listings
Home Inventory
Home Sales
Median Sales Price
11.1%
3.2%
Month-over-month
Year-over-year
The number of homes for sale in February 2026 increased by 7.3% year over year, while
staying flat for month over month comparison.
Home Sales Were Up and Down
A Deeper Dive
Home Sales: 3 Markets with the Biggest Year Over Year Decrease
100.8
%
105.1
%
San Francisco, CA was up to 105.1% from 104.4% in February 2025
In February 2026, the average close-to-list price ratio of all 50 metro areas in the report was 98%, the same as January 2026 and down from 99% in February 2025.
%
0
10
20
30
40
50
60
98
What the Report Means For You
February's National Housing Report is here, and the market showed early signs of spring. Homes were selling faster, prices ticked up slightly, and inventory held steady after months of gradual gains. Whether you are thinking about buying or selling, the data points to a market that rewards preparation and good timing. Here are the highlights you need to know.
National Housing Report Quiz
Close-to-List Price Ratio
With spring on the horizon, we started to see the market regain some momentum, particularly in how quickly homes are selling, For consumers, that means timing, pricing and strategy are becoming increasingly important – and working with an experienced REMAX agent can make all the difference in navigating those decisions.
- REMAX President, Chris Lim
Home sales were down 3.2% year-over-year and were up 11.1% from January 2026.
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.
Manchester, NH was 100.8% which was down from 101.0% in February 2025
101.9
%
Hartford, CT was down to 101.9%, from 102.3% in February 2025
99.9
%
Richmond, VA was down to 99.9%, from 100.1%, in February 2025
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Year-over-year
Month-over-month
0.8%
0.8%
Year-over-year
Month-over-month
7.3%
0.0%
Year-over-year
6.8%
4.4%
Month-over-month
+
Trenton, NJ
Feb. 2026: 244
Feb. 2025: 432
-43.5%
In February 2026, new home listings dipped 6.8% year-over-year and were down 4.4% from last month.
New Listings: 3 Markets with the Biggest Year Over Year Decrease
Top Trends
Regional Highlights
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REMAX'S National Housing Report Recap
This Month's U.S. Home Prices and Sales Recap
Home sales were up 11.1% from last
month but were down 3.2% from last year, which showed some movement in the market.
Inventory was Up and Down
Home Prices Were Up
Median sales price reached $428,000,
up 0.8% from a year ago. Month-over-
month, prices were also up 0.8%.
Among the surveyed metros, new listings were down 4.4% month-over-month. Year-over-year, listings also slipped 6.8%.
New Listings Slipped
+
Philadelphia, PA
Feb. 2026: 4,860
Feb. 2025: 7,866
-38.2%
+
Dover, DE
Feb. 2026: 203
Feb. 2025: 325
-37.5%
+
Dover, DE
Feb. 2026: 107
Feb. 2025: 145
-26.2%
+
Pittsburgh, PA
Feb. 2026: 1,205
Feb. 2025: 1,346
+
Providence, RI
In February 2026, the median sale price was $428K, up 0.8% YoY and also up 0.8% from last month.
Median Sale Price: 3 Markets with the Biggest Year Over Year Increase
+
Trenton, NJ
Feb. 2025: $480,000
Feb. 2024: $420,000
+14.3%
+
Anchorage, AK
+
St. Louis, MO
Homes averaged 57 days on market in February 2026, up 6 days YoY and down 6 days from January 2026.
Days on Market: 3 Markets with the Biggest Decrease of Days on Market
+
Bozeman, MT
+
Fayetteville, AR
+
Manchester, NH
-10.5%
Feb. 2026: 628
Feb. 2025: 809
-22.4%
Feb. 2026: $418,000
Feb. 2025: $389,500
Feb 2026: $269,000
Feb. 2025: $252,000
+7.3%
+7.1%
Feb. 2026: 83 days
Feb. 2025: 113 days
-27.1%
Feb. 2026: 75 days
Feb. 2025: 84 days
Feb. 2026: 21 days
Feb. 2025: 24 days
-11.5%
-11.3%
HOME SALES
NEW LISTINGS
MEDIAN SALE PRICE
HOME INVENTORY
Housing Report Snapshot:
Housing Report Snapshot:
Median sales price was $428,000, up 0.8% year over year and up 0.8% from January.
New listings were down 6.8% year over year and down 4.4% month over month.
Sellers accepted 98% of the asking price, down from 99% last year and unchanged from last month.
Homes sold in an average of 57 days, down 6 days from January but up 6 days from a year ago.
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Home Sales
Home Inventory
Median Sales Price
New Listings
0.0%