DENVER – June 2025 marked the fifth consecutive month of increased home sales across the 50 metro areas surveyed. Sales activity in June edged up 1.3% from May 2025 and rose 5.7% compared to June of last year.

Inventory continued to grow as well. The number of homes for sale increased 3.9% month over month and rose 30.1% year over year. The Median Sales Price reached $440,000 – up 2.8% over May and 2.1% higher than June 2024.

New listings dipped 12.8% from May – the biggest monthly decline since December’s 24.5% – but finished 1.4% above June 2024. It was the 16th straight month of year-over-year growth in new listings.

“On a national basis, the market continues to be resilient with more homes, more movement, and more opportunity, which is good news,” said RE/MAX Holdings, Inc. CEO Erik Carlson. “Buyers are finding more options, and sellers are seeing demand. This market is giving people the opportunity to make confident moves.”

Chicago had the highest number of sales in June 2025, jumping 12.9% from June 2024. REMAX Premier Broker Mike Opyd said, “Many buyers and sellers in the Chicago market have finally come to terms with today’s housing landscape. This mental shift has allowed more sellers to put their properties on the market and buyers to jump in and try to buy before prices rise farther.”

Other metrics of note:

• Buyers paid an average of 99% of the asking price in June – the same as in May 2025 but below the 100% seen in June 2024.
• Months’ Supply of Inventory rose to 2.7 months, up slightly from the 2.5 in May and higher than the 2.1 months recorded last June.
  
  MORE INFORMATION