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Overview

The REMAX National Housing Report for September 2025 indicates a robust and evolving real estate market across the United States. As of September, the inventory of homes for sale has surged by 20% compared to the previous year, marking the 21st consecutive month of annual growth in this sector. This increased availability comes even as home sales have risen by 8.5% year-over-year, solidifying September as a particularly notable month for the housing market.

Sales and Inventory Trends

In September 2025, home sales witnessed an 8.5% increase over September 2024, although there was a slight decline of 4.6% from August 2025. This seasonal pattern of inventory dynamics is typical, as inventory rose by 3.1% since last month. During this time, sellers accepted approximately 98% of the asking price, a decrease from 99% in both August 2025 and the prior September, illustrating a slight shift back towards buyers in negotiations as they have started to secure more favorable pricing.

The Median Sales Price for homes in September was recorded at $439,000, down by $6,000 or 1.3% from the previous month but slightly up by $9,000 or 2.1% year-over-year. This ongoing adjustment in home pricing has contributed to the observed 27 consecutive months of year-over-year price gains since the market has generally remained resilient despite shifts in inventory levels and sales activity.

Days on Market and Supply Insights

Average Days on Market only mildly increased to 48 days, an uptick of one day from August 2025 and seven days longer than September 2024. This increase suggests that while homes are still selling, the market is experiencing longer waits than in previous months.

The Months' Supply of Inventory stood at 3.0 months, a rise from 2.8 months in August and 2.6 months a year prior, indicating that buyers have more options to choose from, which may lead to a more balanced market over time.

A notable observation was that new listings reversed a previous three-month decline by rising 4.5% over August 2025 and increased marginally by 0.9% year-over-year.

Noteworthy Markets

Among the various markets surveyed, Milwaukee, Wisconsin, stood out as a market with strong price performance, boasting an 11.5% increase in median sales prices year-over-year. Furthermore, it ranked among the fastest-selling markets, averaging just 23 days on market. Broker/Owner Dave Didier emphasizes that while the market remains competitive for sellers, an ongoing high demand from out-of-state buyers continues to impact the supply dynamics positively.

In contrast, while many areas are seeing price stabilization or drops due to increased inventory, markets such as Honolulu, HI have showcased considerable growth with a remarkable 55.2% increase in closed sales transactions.

Conclusion

As the REMAX report illustrates, the shifts in the housing market are a blend of fluctuating seller strategies and buyer negotiations, leading to potential opportunities for smart consumers. The demand for homes solidifies the prevailing notion that even as inventory increases, the market is still vibrant, with ample prospects for both buyers and sellers. As the seasons change and market conditions evolve, buyers may find that engaging with knowledgeable agents can help navigate these nuanced challenges. The REMAX network is poised to continue reinforcing its standing in real estate by supporting both agents and clients in these complex market conditions.

For detailed insights on housing trends and to connect with local REMAX agents, please visit REMAX.com.