Home Sales Pick Up in June as Inventory Growth Stays Measured

The June REMAX National Housing Report shows stronger sales activity, modest inventory gains and steady market movement. June brought a stronger pace of home sales across the U.S., while inventory continued to rise at a measured rate. According to the June REMAX National Housing Report, home sales rose 8.9% from May and 7.8% from June 2025. Active inventory also increased, rising 5.0% month over month and 2.5% year over year. At the same time, new listings dipped 1.9% from May but were 2.4% higher than one year earlier, pointing to a market with more movement but not a dramatic shift in supply.

According to the June REMAX National Housing Report, home sales rose an average of 7.8% year over year across the 47 metro areas surveyed. The June report suggests that buyers and sellers were both active as summer got underway. Median sales price was $460,000, up 2.4% from May and 2.2% from last June. Buyers paid an average of 99% of asking price, the same as May and a year ago. Months' supply of inventory was 2.7, up from May but the same as in June 2025, reinforcing that while options improved in some metros, the market remained competitive in many others.

Additional market indicators include: Average days on market was 43 days, one day longer than May and two days longer than June 2025. Median listing price of new listings was $465,000, down 2.1% from May and flat year over year.

Highlights and local market results for June include: New Listings In the 47 metro areas surveyed in June 2026, the number of newly listed homes was down an average of 1.9% compared to May 2026 and up 2.4% compared to June 2025. The markets with the biggest increase and decrease in year-over-year new listings percentage were: New Listings: 5 Markets with the Biggest YoY Increase Market Jun 2026 Jun 2025 Year-over-Year % Change Anchorage, AK 836 667 +25.3 % Des Moines, IA 1,506 1,296 +16.2 % Coeur d'Alene, ID 644 566 +13.8 % Pittsburgh, PA 3,437 3,021 +13.8 % Minneapolis, MN 7,323 6,460 +13.4 % New Listings: 5 Markets with the Biggest YoY Decrease Market Jun 2026 Jun 2025 Year-over-Year % Change Dover, DE 246 329 -25.2 % Tulsa, OK 1,563 1,799 -13.1 % Washington, DC 8,167 9,373 -12.9 % Baltimore, MD 3,828 4,254 -10.0 % San Diego, CA 3,436 3,762 -8.7 % Closed Transactions Of the 47 metro areas surveyed in June 2026, the overall number of home sales was up an average of 8.9% compared to May 2026 and up 7.8% compared to June 2025. The markets with the biggest increase and decrease in year-over-year sales percentage were: Closed Transactions: 5 Markets with the Biggest YoY Increase Market Jun 2026 Jun 2025 Year-over-Year % Change Detroit, MI 5,011 3,973 +26.1 % Miami, FL 7,055 5,616 +25.6 % Anchorage, AK 581 485 +19.8 % Providence, RI 1,572 1,317 +19.4 % Portland, OR 3,085 2,630 +17.3 % Closed Transactions: 5 Markets with the Biggest YoY Decrease Market Jun 2026 Jun 2025 Year-over-Year % Change Birmingham, AL 1,359 1,391 -2.3 % Seattle, WA 4,450 4,461 -0.2 % Houston, TX 8,342 8,317 +0.3 % Dover, DE 212 211 +0.5 % Atlanta, GA 7,361 7,279 +1.1 % Median Sales Price – Median of 47 metro area prices In June 2026, the median of all 47 metro area sales prices was $460,000 up 2.4% compared to May 2026 and up 2.2% from June 2025. The markets with the biggest increase and decrease in year-over-year median sales price were: Median Sales Price: 5 Markets with the Biggest YoY Increase Market Jun 2026 Jun 2025 Year-over-Year % Change Coe...