Nationwide home sales during July were down 5.7% from the previous month but were 2.5% higher than one year earlier, according to the REMAX National Housing Report.
In the 46 metro areas surveyed for the report, new listings last month were down 2.7% from June but were up 1.4% from July 2025. The months’ supply of inventory rose to 3.0, up from 2.7 in June and 2.9 one year earlier, while homes sold in July spent an average of 45 days on the market, up three days from the previous month and one day from last year.
“The additional inventory may create more opportunity for buyers in some markets, but the data also points to a highly localized housing environment,” said the REMAX report. “Some metros posted sizable inventory gains and higher months’ supply, while others continued to see tighter supply compared to last year. Buyers and sellers may experience significantly different conditions depending on where they live.”
The $450,000 median sales price remained flat month-over-month but was 3.4% higher from June 2025. The close-to-list price ratio remained at 99%, unchanged from the previous month and one year ago.
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