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2025
NAtional Housing Report RECAP
REMAX's July National Housing Report, which surveyed 52 metro areas, was just released. It's time to break down what the numbers mean for homebuyers & sellers and what they should keep an eye on in the housing market.
Overall, homes did take a little bit longer to sell in July than they did in June. Prices continued to edge up, with the typical home costing slightly more than it did a year ago.
There were a bunch more homes on the market this July than there were last summer, which means there was a wider range of options for homebuyers in July.
Home prices increased
Browse Listings
MARKET TRENDS
NEW LISTINGS
HOME INVENTORY
HOME SALES
MEDIAN SALE PRICE
HOME INVENTORY
HOME SALES
NEW LISTINGS
MEDIAN SALE PRICE
0.7%
0.6%
Month-over-month
Year-over-year
For the first time since the beginning of 2025 home sales dipped slightly in July. Home sales activity in July was down 0.7% from June 2025. Sales rose 0.6% when compared to June of last year.
Home Sales Down in July
The median sales price reached $450,000 in July 2025 – this was down 1.1% from June 2025 and 2.3% higher than July of 2024.
YoY MEDIAN SALE PRICE Up
Housing inventory decreased in July but by only 0.8% compared to June 2025. Year-over-Year tells a different story with a 27.7% increase in housing inventory across the board.
Home Inventory WAS Up Yoy
A 2.5% drop in new listings contributed to the monthly decrease, though new listings were still 4.4% above last year’s levels.
LISTINGS DIPPED FOR MONTH but...
A DEEPER DIVE
Raleigh, NC
July 2025: 2,263
July 2024: 1,893
Home Sales: 5 Markets with the Biggest YoY Increase
102
%
104
%
Hartford, CT was down to 104.4%, from 105.9% in July 2024
In July 2025, the average close-to-list price ratio of all 52 metro areas in the report was 99%, down from 100% in July 2024 and the same as in June 2025.
%
0
10
20
30
40
50
60
99
WHAT THE REPORT MEANS FOR YOU
July saw a lot of movement in the market. Home inventory was up again in July and it looks like this has been a continued trend over the last few months. Buyers may have more options on the market, but those looking for a reprieve on price may have to wait a little longer as home prices are staying steady in July 2025.
National Housing Report Quiz
Houston, TX
Bozeman, MT
Manchester, NH
Hartford, CT
+19.5%
July 2025: 166
July 2024: 141
+17.7%
June 2025: 507
June 2024: 451
+12.4%
July 2025: 8,157
July 2024: 7,488
+8.9%
July 2025: 1,261
July 2024: 1,183
+6.6%
+
+
+
+
+
CLOSE-TO-LIST PRICE RATIO
"Homes are taking a bit longer to sell, but inventory has remained consistent and prices have held steady. That’s a sign of resilience—and continued opportunity for both buyers and sellers."
- REMAX Holdings, Inc. CEO Erik Carlson
The number of home sales was up 0.6% in July 2025 when compared to July 2024, and down 0.7% compared to June 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 102.0% from 101.5% in July 2024
102
%
Trenton, NJ was down to 102.1%, from 103.1% in July 2024
101
%
Milwaukee, WI stayed steady in July at 101.2%, the same as July 2024
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U.S. Home Prices & Sales - JuLY 2025
Year-over-year
Month-over-month
2.3%
1.1%
Year-over-year
Month-over-month
27.7%
0.8%
Year-over-year
4.4%
2.5%
Month-over-month
Omaha, NE
+
July 2025: 1,990
July 2024: 1,715
+14.9%
Witchita, KS
+
July 2025: 1,109
July 2024: 950
+16.7%
Raleigh, NC
+
June 2025: 585
June 2024: 501
+20.9%
Burlington, VT
+
July 2025: 326
July 2024: 266
+22.6%
+
Houston, TX
July 2025: 17,556
July 2024: 12,276
+43%
The number of newly listed homes was up 4.4% compared to July 2024, and down 2.5% compared to June 2025.
New Listings: 5 Markets with the Biggest YoY Increase
Indianapolis, IN
+
July 2025: $325,000
July 2024: $304,000
+6.9%
Trenton, NJ
+
July 2025: $531,500
July 2024: $485,000
+9.6%
Anchorage, AK
+
June 2025: $445,000
June 2024: $403,500
+10.3%
cleveland, OH
+
July 2025: $274,700
July 2024: $243,000
+13.0%
+
Bozeman, MT
July 2025: $789,500
July 2024: $663,000
+19.1%
The median sales price of a home was $450,000, up 2.3% from July 2024, and down 1.1% compared to June 2025.
MEDIAN SALE PRICE: 5 Markets with the Biggest YoY Increase
TAMPA, FL
+
July 2025: 67 days
July 2024: 51 days
+31.0%
Coeur d'Alene, ID
+
July 2025: 72 days
July 2024: 66 days
+9.0%
Phoenix, AZ
+
June 2025: 75 days
June 2024: 59 days
+27.4%
MIAMI, FL
+
July 2025: 78 days
July 2024: 59 days
+31.5%
+
SAN ANTONIO, TX
July 2025: 83 days
July 2024: 70 days
+18.2%
The average days on market in July 2025 was 44, up 7 days compared to July 2024 and up 3 days compared to June 2025.
DAYS ON MARKET: 5 Markets with the Biggest YoY Increase
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© 2025 REMAX, LLC. Each office is independently owned and operated.
National Housing Report Quiz
101
%
Milwaukee, WI stayed steady in July at 101.2%, the same as July 2024
102
%
New York, NY was up to 102.0% from 101.5% in July 2024
102
%
Trenton, NJ was down to 102.1%, from 103.1% in July 2024
104
%
Hartford, CT was down to 104.4%, from 105.9% in July 2024
In July 2025, the average close-to-list price ratio of all 52 metro areas in the report was 99%, down from 100% in July 2024 and the same as in June 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.
%
0
10
20
30
40
50
60
99
CLOSE-TO-LIST PRICE RATIO
- REMAX Holdings, Inc. CEO Erik Carlson
"Homes are taking a bit longer to sell, but inventory has remained consistent and prices have held steady. That’s a sign of resilience—and continued opportunity for both buyers and sellers."
TAMPA, FL
+
July 2025: 67 days
July 2024: 51 days
+31.0%
Coeur d'Alene, ID
+
July 2025: 72 days
July 2024: 66 days
+9.0%
Phoenix, AZ
+
June 2025: 75 days
June 2024: 59 days
+27.4%
MIAMI, FL
+
July 2025: 78 days
July 2024: 59 days
+31.5%
+
SAN ANTONIO, TX
July 2025: 83 days
July 2024: 70 days
+18.2%
The average days on market in July 2025 was 44, up 7 days compared to July 2024 and up 3 days compared to June 2025.
DAYS ON MARKET: 5 Markets with the Biggest YoY Increase
Indianapolis, IN
+
July 2025: $325,000
July 2024: $304,000
+6.9%
Trenton, NJ
+
July 2025: $531,500
July 2024: $485,000
+9.6%
Anchorage, AK
+
June 2025: $445,000
June 2024: $403,500
+10.3%
CleavlanD, OH
+
July 2025: $274,700
July 2024: $243,000
+13.0%
+
Bozeman, MT
July 2025: $789,500
July 2024: $663,000
+19.1%
The median sales price of a home was $450,000, up 2.3% from July 2024, and down 1.1% compared to June 2025.
MEDIAN SALE PRICE: 5 Markets with the Biggest YoY Increase
Hartford, CT
+
July 2025: 1,261
July 2024: 1,183
+6.6%
Houston, TX
+
July 2025: 8,157
July 2024: 7,488
+8.9%
Manchester, NH
+
June 2025: 507
June 2024: 451
+12.4%
Bozeman, MT
+
July 2025: 166
July 2024: 141
+17.7%
+
Raleigh, NC
July 2025: 2,263
July 2024: 1,893
+19.5%
The number of home sales was up 0.6% in July 2025 when compared to July 2024, and down 0.7% compared to June 2025.
Home Sales: 5 Markets with the Biggest YoY Increase
Omaha, NE
+
July 2025: 1,990
July 2024: 1,715
+14.9%
Witchita, KS
+
July 2025: 1,109
July 2024: 950
+16.7%
Raleigh, NC
+
June 2025: 585
June 2024: 501
+20.9%
Burlington, VT
+
July 2025: 326
July 2024: 266
+22.6%
+
Houston, TX
July 2025: 17,556
July 2024: 12,276
+43%
The number of newly listed homes was up 4.4% compared to July 2024, and down 2.5% compared to June 2025.
New Listings: 5 Markets with the Biggest YoY Increase
A DEEPER DIVE
NEW LISTINGS
MEDIAN SALE PRICE
HOME INVENTORY
HOME SALES
A 2.5% drop in new listings contributed to the monthly decrease, though new listings were still 4.4% above last year’s levels.
LISTINGS DIPPED FOR MONTH but...
Year-over-year
Month-over-month
4.4%
2.5%
NEW LISTINGS
The median sales price reached $450,000 in July 2025 – this was down 1.1% from June 2025 and 2.3% higher than July of 2024.
YoY MEDIAN SALE PRICE Up
Year-over-year
Month-over-month
2.3%
1.1%
MEDIAN SALE PRICE
Year-over-year
Month-over-month
27.7%
0.8%
Housing inventory decreased in July but by only 0.8% compared to June 2025. Year-over-Year tells a different story with a 27.7% increase in housing inventory across the board.
Home Inventory WAS Up Yoy
HOME INVENTORY
Year-over-year
Month-over-month
0.6%
0.7%
For the first time since the beginning of 2025 home sales dipped slightly in July. Home sales activity in July was down 0.7% from June 2025. Sales rose 0.6% when compared to June of last year.
Home Sales Down in July
HOME SALES
MARKET TRENDS
Visit The Blog
Get advice on choosing a new neighborhood and finding the right home.
READ MORE
July saw a lot of movement in the market. Home inventory was up again in July and it looks like this has been a continued trend over the last few months. Buyers may have more options on the market, but those looking for a reprieve on price may have to wait a little longer as home prices are staying steady in July 2025.
WHAT THE REPORT MEANS FOR YOU
REMAX's July National Housing Report, which surveyed 50 metro areas, was just released. It's time to break down what the numbers mean for homebuyers & sellers and what they should keep an eye on in the housing market.
Overall, homes did take a little bit longer to sell in July than they did in June. Prices continued to edge up, with the typical home costing slightly more than it did a year ago.
There were a bunch more homes on the market this July than there were last summer, which means there was a wider range of options for buyers in July.
Home prices increased
Browse Listings
Top Trends
Regional Highlights
Visit The Blog
2025
NAtional Housing Report RECAP
U.S. Home Prices & Sales - JuLY 2025