🏡 Quick Market Update: Home Sales & Prices (What It Means for You)
Here’s a simple look at what’s happening with the existing homes right now. 🔢 What’s Going On - Home sales went up a little (0.5%) in November. - About 4.13 million homes would sell in a year at this pace. - The median price is around $409,200, a bit higher than last year. - There is about 4.2 months of homes for sale – more than last year, but still not “plenty.” So: 📈 Sales are slowly rising. 💵 Prices are not crashing. 🏘 There still aren’t tons of homes to pick from. 🤔 What This Means for You - Don’t wait for a huge “crash” — that’s not what the data shows. - You may have more choices than buyers had in 2023, but you still need: A clear budget A plan A pre-approval when you’re ready - Your local area (your city/county) can look very different from the national numbers. 🔗 Want to See the Real Data? Here are solid, trusted sources you can read or save: - National Association of REALTORS® (NAR) – Existing-Home Sales November 2025:https://www.nar.realtor/newsroom/nar-existing-home-sales-report-shows-0-5-increase-in-november - NAHB summary of the same report (simple breakdown):https://www.nahb.org/blog/2025/12/existing-home-sales-up-in-november - Calculated Risk blog breakdown (for data nerds):https://www.calculatedriskblog.com/2025/12/nar-existing-home-sales-increased-to.html 💬 Comment Prompt Questions? Drop this in the comments: - State: ___ - Goal: buying in 6, 12, or 24+ months (or “just learning”) - Question: one thing this update makes you worry about or feel hopeful about