November 2025 Monthly Statistics

U.S. existing-home sales rose 1.2% from the previous month, reaching a seasonally adjusted annual rate of 4.10 million units, according to the National Association of REALTORS® (NAR). Buyers were encouraged by lower mortgage rates this fall. Regionally, sales increased in the Midwest and South, remained unchanged in the Northeast, and declined slightly in the West. Year over year, sales were up 1.7%, with gains in the Northeast, Midwest, and South, while the West saw a decrease.

New Listings increased 9.5% for Single Family homes and 14.9% for Condominium homes. Pending Sales decreased 8.2% for Single Family homes and 4.1% for Condominium homes. Inventory rose 22.8% for Single Family homes and 23.0% for Condominium homes.

The Median Sales Price declined 11.5% to $1,150,000 for Single Family homes and 19.0% to $595,000 for Condominium homes. Days on Market increased 3.4% for Single Family homes and 20.2% for Condominium homes. Months Supply of Inventory grew 40.7% for Single Family homes and 38.4% for Condominium homes.

Nationally, housing inventory fell 0.7% from the previous month but increased 10.9% compared to last year, reaching 1.52 million units. At the current sales pace, this represents a 4.4-month supply—slightly lower than the previous month but higher than the 4.1 months recorded a year earlier. Despite shifts in supply, home prices continue to rise, with the national median existing-home price up 2.1% year over year to $415,200, marking 28 consecutive months of annual growth.

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