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Existing Home Sales Edge Higher for Third Straight Month as Prices Continue to Rise

Published Monday, February 2, 2026

Saddle Brook, NJ — January 30, 2026 — U.S. existing home sales ticked up 0.5% from the previous month to a seasonally adjusted annual rate of 4.13 million, marking the third consecutive monthly increase, according to the National Association of REALTORS® (NAR). However, sales were down 1.0% from the same period last year. Regionally, sales rose month-over-month in the Northeast and South, were unchanged in the West, and declined in the Midwest. On a year-over-year basis, sales were flat in the Northeast and South and fell in both the Midwest and West. 

“While the median sales price of all homes are up slightly (8.6%) and inventory is rising slowly  at (1.4%) , actual closed sales have declined by (11.7%),” said 2026 President-Elect John Johnson. “This perhaps indicates extra caution on the buyers side from an economic perspective and closer attention to detail on home inspection results.” 

The national median existing-home price continued to climb, rising 1.2% from a year ago to $409,200, according to NAR. This year-over-year increase—the 29th consecutive monthly gain—reflects ongoing tightness in housing supply. At the end of November, there were 1.43 million units for sale, down 5.9% from the previous month but up 7.5% from the same time last year, representing a 4.2- month supply at the current sales pace. 

 

Highlights From December 2025 Report 

  • Family Closed Sales decreased 15.2 percent to 406.  
  • Townhouse-Condo Closed Sales decreased 1.6 percent to 186.  
  • Adult Communities Closed Sales decreased 33.3 percent to 6.  
  • Single Family Median Sales Price was up 9.0 percent to $825,000.  
  • Townhouse-Condo Median Sales Price was up 15.2 percent to $530,000.  
  • Adult Communities Median Sales Price was down 9.6 percent to $399,500. 

Click Here for the full ShowingTime Report for the month of December 2025   

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