The median home sale price ticked up to $399,633 as pending sales saw a 3.5 percent drop annually. Still, mortgage applications, home touring and Google searches for “homes for sale” increased, in a positive sign for sellers.
Source: Inman News
Median US home price hits new record as pending sales drop
Published in Agent, Analysis, boston, Data, home prices, home sale price, housing inventory, housing market, inman, inventory, James Gulden, Lillian Dickerson, Markets & Economy, median asking price, median sales price, mortgage applications, mortgage rates, News Brief, pending sales, real estate market, Redfin and Select
More from AgentMore posts in Agent »
- What real estate agents can learn from TikTok, Tylenol and Disney
- Former agent convicted of swindling woman out of her home
- The modern tech stack agents and brokerages need now: Streaming
- $1B Florida brokerage and former NFL prospect join Christie’s International Real Estate
- Here’s the essential reading on the Compass-Anywhere deal
More from AnalysisMore posts in Analysis »
- Blueprint launches new subscription research platform for commercial executives
- As homebuyers gain leverage, sellers get cold feet. Is it happening near you?
- Modest gains help agents see path to recovery: Client Pipeline Tracker
- Why Trump’s moves to control Fed could send mortgage rates higher
- US home prices see modest annual gains, but lag behind inflation
More from bostonMore posts in boston »
- Why Flyhomes is quitting the real estate brokerage business
- Buyer’s market now in doubt as new listings tank 7.3%
- Here are the markets where homebuyers have the upper hand
- 6 low-cost listing strategies that actually work in today’s market
- Sellers outnumber buyers by 36% — but that figure is starting to shrink
More from DataMore posts in Data »
- Blueprint launches new subscription research platform for commercial executives
- As homebuyers gain leverage, sellers get cold feet. Is it happening near you?
- Modest gains help agents see path to recovery: Client Pipeline Tracker
- Why is Midwest real estate beating the rest of the country?
- US home prices see modest annual gains, but lag behind inflation
More from home pricesMore posts in home prices »
- Is fall the new spring? Market winds may be shifting, NAR says
- Should they stay or go (down) now? Forecasters are split on where mortgage rates will be in 2026
- How the growing buyer power shift is reshaping the real estate market
- Lenders getting a jump on higher 2026 conforming loan limits
- These are the states where homeowners will benefit most — and least — from new SALT cap
More from home sale priceMore posts in home sale price »
More from housing inventoryMore posts in housing inventory »
More from housing marketMore posts in housing market »
- How Charlie Kirk’s assassination could impact real estate
- The best time to buy a home in 2025: What agents need to know
- Bess Freedman on the market, private listings and 2026
- Why is the Fed cutting interest rates — and what happens next?
- As homebuyers gain leverage, sellers get cold feet. Is it happening near you?
More from inmanMore posts in inman »
More from inventoryMore posts in inventory »
- Is fall the new spring? Market winds may be shifting, NAR says
- Here are the markets where homebuyers have the upper hand
- New sales numbers are out. These 9 charts show what’s happening where you live
- Sellers outnumber buyers by 36% — but that figure is starting to shrink
- US home prices see modest annual gains, but lag behind inflation
More from James GuldenMore posts in James Gulden »
More from Lillian DickersonMore posts in Lillian Dickerson »
- Here’s the essential reading on the Compass-Anywhere deal
- Douglas Elliman joins upstart American Real Estate Association
- More than one-quarter of US homes are exposed to severe climate risk
- NAR fires back at Mauricio Umansky’s PLS in new legal filing
- Mortgage rates hit 10-month low, spurring lower monthly payments
More from Markets & EconomyMore posts in Markets & Economy »
More from median sales priceMore posts in median sales price »
More from mortgage applicationsMore posts in mortgage applications »
- Most Americans think mortgage rates and home prices have peaked
- As homebuyers gain leverage, sellers get cold feet. Is it happening near you?
- Fed governor sues Trump over ‘unprecedented and illegal’ firing
- Homebuyers are out in force and mortgage rates are coming down
- Homebuyers still have jitters about the economy and job market
More from mortgage ratesMore posts in mortgage rates »
- Democrats seek transparency into Fannie, Freddie ‘reprivatization’
- Is fall the new spring? Market winds may be shifting, NAR says
- How a government shutdown would affect real estate agents
- August existing-home sales may have been lowest in a decade
- New-home sales spiked in August to highest rate since 2022
More from News BriefMore posts in News Brief »
More from pending salesMore posts in pending sales »
- As homebuyers gain leverage, sellers get cold feet. Is it happening near you?
- These 6 maps capture a real estate market in turmoil
- Summer sales have hit their slowest pace in 10 years
- Track your housing market in detail with these 2 new interactive tools
- It’s a higher-for-longer world, and we’re just living in it: Economist
More from real estate marketMore posts in real estate market »
- LA’s so-called ‘mansion’ tax has failed. It’s time to overturn it
- How Charlie Kirk’s assassination could impact real estate
- How the pressure of today’s market creates innovation, clarity and joy
- Compass to acquire Anywhere in $1.6B deal, capping rise to top
- Corcoran makes key move in international expansion with new outpost in Europe’s finance hub
More from RedfinMore posts in Redfin »
- Here’s what comes next in the Compass-Anywhere deal
- Compass to acquire Anywhere in $1.6B deal, capping rise to top
- How the growing buyer power shift is reshaping the real estate market
- These are the states where homeowners will benefit most — and least — from new SALT cap
- Compass calling foul on MLS rules is hypocrisy
More from SelectMore posts in Select »
- What real estate agents can learn from TikTok, Tylenol and Disney
- Democrats seek transparency into Fannie, Freddie ‘reprivatization’
- Former agent convicted of swindling woman out of her home
- Is fall the new spring? Market winds may be shifting, NAR says
- I’ve studied real estate marketing for 31 years. Here are 7 essentials for effective marketing campaigns
Be First to Comment