Business
REMAX NATIONAL HOUSING REPORT FOR JULY 2025
After five consecutive months of gains, U.S. home sales dipped slightly in July, falling 0.7% below June's total. Compared to July 2024, sales were up 0.6%, but homes took longer to sell—averaging 44 days on the market, up from 37 days a year ago and three days longer than June, according to data from the 52 metro areas surveyed.
About this update from Re/max Holdings, Inc.
[{"type":"text","content":"July's Home Sales Match 2024 Levels But Take Longer to Sell","length":63,"tagName":"p","attribs":{}},{"type":"text","content":"DENVER, Aug. 20, 2025 /PRNewswire/ -- After five consecutive months of gains, U.S. home sales dipped slightly in July, falling 0.7% below June's total. Compared to July 2024, sales were up 0.6%, but homes took longer to sell—averaging 44 days on the market, up from 37 days a year ago and three days longer than June, according to data from the 52 metro areas surveyed.","length":373,"tagName":"p"},{"type":"image","alt":"Active inventory was up 27.7% year-over-year across the 52 metro areas surveyed.","displaySize":"","headline":null,"caption":"Active inventory was up 27.7% year-over-year across the 52 metro areas surveyed.","className":"","disableSlideshowImg":false,"size":{"original":{"width":320,"height":400,"url":"https://media.zenfs.com/en/prnewswire.com/d4c6a120a7328430c4f80595ff657d56"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/kTe94X.XDDQkHGTCW8svFA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTY0MDtoPTgwMDtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/d4c6a120a7328430c4f80595ff657d56","width":320,"height":400}},"href":"https://mma.prnewswire.com/media/2754745/REMAX_July_2025_Housing_Report.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"The Median Sales Price in July was $450,000, down 1.1% from June – a typical seasonal trend. Year-over-year, prices were 2.3% higher.","length":133,"tagName":"p"},{"type":"text","content":"Inventory also saw a slight month-over-month decline of 0.8% but was 27.7% higher than July 2024. A 2.5% drop in new listings contributed to the monthly decrease, though new listings were still 4.4% above last year's levels.","length":228,"tagName":"p"},{"type":"text","content":""July's housing data reflects a market that's adjusting seasonally," said REMAX 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."","length":320,"tagName":"p"},{"type":"text","content":"In San Antonio, Texas, one of the top five markets in the report for housing supply, the 5.6-months' supply of inventory signals a more balanced environment. As the market continues to normalize, local...