Housing Snapshot: Existing-Home Sales - January 2025

In January 2025, existing-home sales were at a seasonally adjusted annual rate of 4.08 million, representing a 4.9% decline from the previous month but a 2.0% increase compared to January 2024. Housing inventory stood at 3.5 months, up slightly from 3.0 months a year earlier. The median sales price for homes was $396,900, marking a 4.8% increase from January 2024. This data was provided by the National Association of REALTORS®.