REAL ESTATE UPDATE: NOVEMBER 2025


		Lisa McCarthy Lisa's Real Estate News and Information!

REAL ESTATE UPDATE

U.S. home sales rose in October as homebuyers seized on declining mortgage rates.

Sales of previously occupied U.S. homes increased last month to the fastest pace since February as lower mortgage rates helped pull more homebuyers into the market.

Home sales activity picking up with lower mortgage rates

National Snapshot

Total Existing-Home Sales for October

1.2% increase in existing-home sales month-over-month to a seasonally adjusted annual rate of 4.10 million.
1.7% increase in sales year-over-year.

Inventory in October

1.52 million units: Total housing inventory, down 0.7% from September and up 10.9% from October 2024 (1.37 million).
4.4-month supply of unsold inventory, down from 4.5 months in September and up from 4.1 months in October 2024.

Median Sales Price in October

$415,200: Median existing-home price for all housing types, up 2.1% from one year ago ($406,800) – the 28th consecutive month of year-over-year price increases.

“Rents are decelerating which will reduce inflation and encourage the Federal Reserve to continue cutting rates and pulling back their quantitative tightening."

— Lawrence Yun, NAR Chief Economist

View more national summary and stats here

		September interest rate cut spurred uptick in home sales: REALTORS
		September saw a modest rise in home sales and mortgage applications amid slightly lower rates, but tight inventory continues to constrain the market.

Source

National Association of REALTORS®: Existing-Home Sales

Questions on sales — nationwide or right here in our neighborhood?

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		DID YOU KNOW? PUMPKIN FACT


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Lisa McCarthy

513-256-2629

[email protected]