04/15/2026
📊 **Housing Market Update | What Buyers & Sellers Need to Know** 🏡
The latest data from the National Association of REALTORS® (NAR) shows a surprising boost in the housing market—**existing-home sales rose 1.7% month-over-month**, reaching a 4.09 million annual pace. Lower mortgage rates are helping bring buyers back into the market, especially across the Midwest, South, and West.
📍 **Regional Highlights:**
✔️ Sales increased in the Midwest, South, and West
✔️ The South saw year-over-year growth
✔️ The Northeast continues to experience slower activity
📉 **Inventory & Listings:**
• New listings declined (–3.8% residential, –10.1% condos/townhomes)
• Pending sales also dipped across the board
• Overall inventory is still rising nationally (+4.9% year-over-year), creating more opportunities for buyers
💰 **Home Prices & Market Trends:**
• Median home price jumped **10.7% to $320,500** for residential homes
• Condo/townhome prices remained steady
• National median price reached **$398,000**, marking **32 consecutive months of price growth**
• Days on market are increasing, giving buyers more time to make decisions
📦 **Supply Snapshot:**
Inventory now sits at a **3.8-month supply**, indicating a market that’s gradually balancing—but still competitive in many areas.
🔑 **What This Means:**
• Buyers: More inventory = more choices, but prices are still rising
• Sellers: Demand remains strong, especially with motivated buyers re-entering the market
Thinking about buying or selling? Now is a great time to strategize and take advantage of shifting market conditions. Let’s connect and make a plan that works for you! 📲
