August 2025 Market Stats
- Noel Russell Realty Executives

- Oct 3
- 1 min read
Sales Jumped When Everyone Expected a SlowdownEveryone has been watching Days on Market rise and supply build to a nine-year high, expecting sales to stall. Sellers have worried that buyers were pulling back. But instead, sales actually jumped 9% — the strongest pace in three years — fueled by optimism that lower interest rates may be on the horizon. Even prices, which had been flat for two months, edged up 4% year-over-year. Pending sales in August were only slightly higher, but there’s a noticeable sense of buyer energy in the market right NOW. 🔍 August Market Snapshot (vs. Last Year)Buyer Demand: ⬆️ 1%Housing Supply: ⬆️ 27%Median Sales Price: ⬆️ 4%Days on Market: 28 days (vs. 20 days)Curious what buyers are really doing right now? Send me a quick reply and I’ll share the details. |
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