09/10/2026
U.S. existing-home sales edged down 1.7% from the previous month to a seasonally adjusted annual rate of 4.06 million units, according to the National Association of REALTORS® (NAR). Regionally, sales increased in the Northeast, held steady in the West, and declined in the Midwest and South. On a year-over-year basis, sales rose in the Midwest and West while remaining flat in the Northeast and South.
New Listings were down 4.6 percent to 2,066. Pending Sales increased 11.8 percent to 1,645. Inventory grew 2.1 percent to 5,593 units.
Median Sales Price was up 1.8 percent to $431,500. Days on Market increased 6.3 percent to 51 days. Months Supply of Inventory was down 2.7 percent to 3.6 months.
Nationally, the median existing-home sales price climbed to $431,400, as inventory remained at a 4.6-month supply at the current sales pace, NAR reported. Year-to-date sales are up 2.4%, reflecting stable demand even amid elevated mortgage rates. Homes are sitting on the market longer and fewer buyers are bidding above asking price compared to a year earlier, though local market conditions vary widely.
