(sales through July 2025)

A Glimpse Into the U.S. Housing Market: August 2025

As of August 2025, the U.S. housing market continues to show signs of a shifting landscape. National median home prices saw a modest increase of 0.3% year over year for single-family homes, while condo/co-op prices slipped by 1.2%. Although the number of active listings rose 16% compared to July 2024, overall sales activity dipped slightly both month over month and year over year. The market remains in a cautious holding pattern, largely due to the economic and political uncertainty from earlier in the year, though conditions vary widely by region.

Buyers are taking more time to act—median time on market increased to 28 days—and multiple-offer situations are becoming less frequent, with an average of just over 2 offers per property. Still, nearly 1 in 3 purchases were cash, and vacation markets remained resilient despite seasonal slowdowns elsewhere. While mortgage rates have eased to just above 6.5%, experts agree a further dip may be needed to reignite strong demand. Read the full report to see what these national trends might mean for our Southwest Florida market.

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