Housing Snapshot: Existing-Home Sales - September 2024

In September 2024, existing-home sales totaled 3.84 million, reflecting a 1.0% decrease from the previous month and a 3.5% decline compared to the same time last year, according to the National Association of REALTORS® (NAR). The housing inventory stood at 4.3 months, slightly higher than the 3.4 months recorded in September 2023. The median sales price for homes reached $404,500, marking a 3.0% increase year-over-year.