REMAX NATIONAL HOUSING REPORT FOR OCTOBER 2025
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Home Sales Rise Year Over Year as Market Adjusts to Longer Selling Times
However, homes took an extra week to sell, averaging 50 days on the market, an increase from 43 days a year ago and up two days from last month's 48 days.
Inventory remained higher than last year (+15.9%), offering buyers more choices, even as it eased slightly from September (-3.0%).
Other metrics of note:
- The Median Sales Price for October was
$445,000 , up 2.2% year over year – matching the median listing price of new listings – and 1.1% higher than September. - New Listings were up 0.8% year over year but down slightly (0.5%) month over month.
- Months' Supply of Inventory was 2.9 months, up from 2.6 months recorded in
October 2024 and down from 3.0 in September. - Sellers accepted 98% of the asking price in October, down slightly from 99% in
October 2024 but flat month over month.
"October's numbers show a market that's adjusting but remains active," said REMAX CEO
Among the 51 metro areas surveyed,
"Sales have climbed year over year while prices have remained stable, and the added inventory has taken some pressure off buyers. Even with slightly longer days on market, well-priced homes are still moving, and the extra breathing room is creating healthier negotiations for everyone involved."
Highlights and local market results for October include:
New Listings
In the 51 metro areas surveyed in
|
New Listings:
|
|||
|
Market |
|
|
Year-over-Year % |
|
|
6,573 |
5,057 |
+30.0 % |
|
|
547 |
426 |
+28.4 % |
|
|
304 |
250 |
+21.6 % |
|
|
1,063 |
887 |
+19.8 % |
|
|
1,536 |
1,323 |
+16.1 % |
Closed Transactions
Of the 51 metro areas surveyed in
|
Closed Transactions:
|
|||
|
Market |
|
|
Year-over-Year % |
|
|
292 |
229 |
+27.5 % |
|
|
832 |
688 |
+20.9 % |
|
|
1,188 |
984 |
+20.7 % |
|
|
4,419 |
3,729 |
+18.5 % |
|
|
446 |
380 |
+17.4 % |
Median Sales Price – Median of 51 metro area prices
In
|
Median Sales Price:
|
|||
|
Market |
|
|
Year-over-Year % |
|
|
|
|
+10.9 % |
|
|
|
|
+10.6 % |
|
|
|
|
+9.3 % |
|
|
|
|
+9.2 % |
|
|
|
|
+8.6 % |
Close-to-
In
|
Close-to- |
|||
|
Market |
|
|
Year-over-Year |
|
|
93.3 % |
94.0 % |
-0.7 pp |
|
|
96.1 % |
96.5 % |
-0.4 pp |
|
|
96.2 % |
97.1 % |
-0.9 pp |
|
|
96.3 % |
98.4 % |
-2.1 pp |
|
|
96.4 % |
96.7 % |
-0.3 pp |
|
*Difference displayed as change in percentage points |
|||
Days on Market – Average of 51 metro areas
The average days on market for homes sold in
|
Days on Market:
|
|||
|
Market |
|
|
Year-over-Year % |
|
|
87 |
78 |
+11.8 % |
|
|
87 |
84 |
+4.4 % |
|
|
82 |
68 |
+20.9 % |
|
|
75 |
66 |
+13.8 % |
|
|
75 |
72 |
+4.0 % |
Months' Supply of Inventory – Average of 51 metro areas
The number of homes for sale in
|
Months' Supply of Inventory:
|
|||
|
Market |
|
|
Year-over-Year % |
|
|
6.3 |
6.8 |
-7.9 % |
|
|
6.1 |
4.8 |
+28.4 % |
|
|
6.0 |
5.2 |
+15.2 % |
|
|
4.9 |
4.3 |
+15.2 % |
|
|
4.6 |
2.5 |
+83.9 % |
About the REMAX Network
As one of the leading global real estate franchisors, RE/MAX, LLC is a subsidiary of RE/MAX Holdings (NYSE: RMAX) with more than 145,000 agents in nearly 9,000 offices and a presence in more than 110 countries and territories. Nobody in the world sells more real estate than REMAX, as measured by residential transaction sides. REMAX was founded in 1973 by Dave and
Report Details
The REMAX National Housing Report is distributed monthly on or about the 15th. The Report is based on MLS data for the stated month in 51 metropolitan areas, includes single-family residential property types, and is not annualized. For maximum representation, most of the largest metro areas in the country are represented, and an attempt is made to include at least one metro area in almost every state. Metro areas are defined by the Core Based Statistical Areas (CBSAs) established by the U.S. Office of Management and Budget.
Definitions
Closed Transactions are the total number of closed residential transactions during the given month. Months Supply of Inventory is the total number of residential properties listed for sale at the end of the month (current inventory) divided by the number of sales contracts signed (pending listings) during the month. Where "pending" data is unavailable, an inferred pending status is calculated using closed transactions. Days on Market is the average number of days that pass from the time a property is listed until the property goes under contract. Median Sales Price for a metro area is the median sales price for closed transactions in that metro area. The nationwide Median Sales Price is calculated at the nationwide aggregate level using all sale prices from the included metro areas. The Close-to-
MLS data is provided by Seventy3, LLC, a RE/MAX Holdings company. While MLS data is believed to be reliable, it cannot be guaranteed. MLS data is constantly being updated, making any analysis a snapshot at a particular time. Every month, the previous period's data is updated to ensure accuracy over time. Raw data remains the intellectual property of each local MLS organization.
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SOURCE RE/MAX, LLC
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