Housing Snapshot: Existing-Home Sales - February 2025

According to the National Association of REALTORS® (NAR), February 2025 existing-home sales reached a seasonally adjusted annual rate of 4.26 million. This represented a 4.2% increase compared to the previous month but a slight decline of 1.2% year over year (YoY). The housing market saw an increase in inventory, with 3.5 months of available supply, up from 3.0 months in February 2024. The median sales price was $398,400, marking a 3.8% increase from the previous year.