Compared to 1 year ago, the U.S. median existing-house sales price ticked up .3% in July 2025, while the median condo/co-op price declined 1.2%. The number of active listings increased slightly from June and 16% from July 2024, while sales volume dropped slightly both month over month and year over year. Nationally, the market remains relatively subdued, effectively hungover from the political/economic volatility and uncertainty prevailing in Q2, but conditions and price changes vary by region. Most areas see a seasonal slowdown in summer, though big second-home markets often buck this trend.

58% of sales went into contract within 1 month of coming on the market (vs. 62% in July 2024); 21% sold above asking price (vs. 24% last year); and median…

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