HAR Report: Days on Market, or the actual time it took to sell a home, increased from 59 to 61. Months of inventory expanded to a 4.3-months supply from 3.2-months the prior year. The current national supply stands at 3.3 months, as reported by the National Association of Realtors (NAR).
Broken out by housing segment, January sales performed as follows:
$1 - $99,999: decreased 4.1 percent
$100,000 - $149,999: decreased 10.4 percent
$150,000 - $249,999: increased 3.0 percent
$250,000 - $499,999: decreased 1.6 percent
$500,000 - $999,999: increased 8.1 percent
$1M and above: increased 20.7 percent
HAR also breaks out sales figures for existing single-family homes. In January, existing home sales totaled 3,493, up 2.5 percent compared to the same time in 2024. The average price rose 7.6 percent to $415,004, and the median sales price increased 4.5 percent to $323,000.