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Existing home sales rise to 3 year high

According to insight from the National Association of Realtors (NAR), in December home sales were at their fastest pace since 2023. The end of 2025 saw a positive shift in median sales price and inventory compared to the year before. The median price of all existing homes in December was $405,400, up 0.4% from 2024. Inventory was down in comparison to November, however slightly up 3.5%.

“Total existing home sales, including single-family homes, townhomes, condominiums, and co-ops, rose 5.1% to a seasonally adjusted annual rate of 4.35 million in December, the highest level for 2025 and highest since February 2023,” said Fan-Yu Kuo, senior economist at NAHB. “On a year-over-year basis, sales were 1.4% higher than a year ago. For the year 2025, existing home sales totaled 4.06 million, unchanged from 2024 and matching the lowest level since 1995.”

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