RE/MAX Reports Rising Home Sales and Prices in June 2025 Housing Market

A Look at the June 2025 RE/MAX National Housing Report



In June 2025, the real estate market exhibited robust activity, marking the fifth consecutive month of rising home sales across 50 major metropolitan areas. According to the latest RE/MAX National Housing Report, home sales experienced a 1.3% increase compared to May 2025 and a significant 5.7% rise from June 2024. This consistent upward trend not only reflects increased buyer interest but also signals renewed confidence in the housing sector.

Additionally, the inventory of homes for sale expanded, growing 3.9% month-over-month and a staggering 30.1% year-over-year. With the median sales price reaching $440,000, it was up 2.8% from May and 2.1% higher than last year, underscoring the competitive nature of the market.

Inventory Trends



The report highlights interesting trends in inventory as well. While the number of new listings dipped by 12.8% from May, it still saw a year-over-year increase of 1.4%. Notably, Fayetteville, AR, Las Vegas, NV, and Manchester, NH emerged as frontrunners in year-over-year new listings with increases of 24.9%, 18.7%, and 16.8% respectively.

Conversely, cities like Trenton, NJ, and Philadelphia, PA, faced substantial declines, reflecting unique local market dynamics. RE/MAX CEO Erik Carlson remarked, “The market continues to be resilient with more options available, benefiting both buyers and sellers.”

Sales Performance



The sales performance showed strong resilience in major cities. Chicago led the nation with a remarkable 12.9% increase in sales compared to last year. Mike Opyd, a RE/MAX Premier Broker in Chicago, noted that both buyers and sellers have adapted to the current market climate, allowing for greater sales activity.

Across the 50 surveyed metro areas, the average buyer is currently paying 99% of the asking price—consistent with May figures but down from a full 100% this time last year. The inventory's months' supply rose to 2.7 months, up from 2.5 months in May, indicating a slight easing of competition.

Median Sales Price Insights



The median sales price across the 50 metro areas for June settled at $440,000, with Cleveland, OH, showing the largest year-over-year price gain of 9.0%. Other cities, like Anchorage, AK, and Fayetteville, AR, followed closely with increases of 8.5% and 7.5%, respectively. Meanwhile, notable price drops were recorded in Bozeman, MT, and Tampa, FL, with decreases of -7.7% and -3.8%.

Close-to-List Price Ratio



The average close-to-list price ratio for homes across the surveyed metro areas in June stood at 99%, reflecting healthy negotiation dynamics. Areas like Hartford, CT and San Francisco, CA topped the list with ratios exceeding 102%, suggesting robust demand.

The Road Ahead



As we move further into the following months, the anticipated growth trajectory appears to be encouraging. With rising inventory levels and varying sales dynamics, buyers and sellers are presented with new opportunities. With significant shifts in buyer psychology and market patterns, industry experts anticipate essential adjustments in strategy for real estate agents and investors.

For a comprehensive view of the report and to explore more market data, you can visit RE/MAX.com. The RE/MAX network remains a key player in the housing industry, supporting agents and communities through ongoing education and assistance.

In conclusion, June 2025 has cemented itself as a noteworthy month in the U.S. housing market, showcasing resilience amid challenges, and offering insights into the ever-evolving real estate landscape.

Topics General Business)

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