Saddle Brook, NJ — June 1, 2026 — U.S. existing-home sales fell 3.6% month-over-month and 1.0% year-over-year to a seasonally adjusted annual rate of 3.98 million, according to the National Association of REALTORS® (NAR), as tight supply and ongoing affordability challenges constrained activity. Sales declined month-over-month in all four regions. Year-over-year, sales increased in the South and West but fell in the Midwest and Northeast
"April’s housing market data reflects the continued strength of our local market. While affordability remains a challenge, increased listings, growing inventory, and rising pending sales signal strong buyer demand,” said Greater Bergen REALTORS® CEO, Jorge Ledesma.
“REALTORS® remain committed to providing expert guidance, advocating housing opportunities, and helping consumers succeed in an evolving market."
Nationally, the median existing-home price rose 1.4% from a year earlier to $408,800, marking the 33rd consecutive month of year-over-year price increases as limited inventory continued to put upward pressure on prices, NAR said. There were 1.36 million homes for sale heading into April, up 2.3% from a year earlier, representing a 4.1-month supply at the current sales pace.
Highlights From April 2026 Report
- Single Family Closed Sales decreased 7.8 percent to 306.
- Townhouse-Condo Closed Sales increased 6.5 percent to 164.
- Adult Communities Closed Sales decreased 50.0 percent to 3.
- Single Family Median Sales Price was up 3.2 percent to $825,500.
- Townhouse-Condo Median Sales Price was up 7.4 percent to $470,000.
- Adult Communities Median Sales Price was down 14.7 percent to $465,000
Click Here for the full ShowingTime Report for the month of April 2026