June 2025 STAT Report

The June 2025 Housing Market Report highlights shifting trends across supply, pricing, and sales. Listings decreased month-over-month but remained higher compared to last year, signaling moderate inventory growth. Both average and median price per square foot saw slight declines, reflecting affordability pressures, while regional data revealed mixed results. Market supply rose to 3.88 months, with absorption rates dipping to 25.8%, showing slower buyer activity than a year ago. Average and median list prices fell modestly, while sales prices posted slight declines but stayed steady year-over-year. Days on market ticked upward, with the average reaching 79 and the median 57, indicating longer selling times. Overall, the June data suggest a market in transition, with more balanced conditions between buyers and sellers compared to 2024