U.S. existing-home sales rose 3.2% month-over-month and year-over-year to a seasonally adjusted annual rate of 4.17 million units, the National Association of REALTORS® (NAR) reported, marking the highest level since December 2025. Regionally, sales increased from the previous month in the Northeast, Midwest, and South, while remaining flat in the West. On a year-over-year basis, sales grew in the Midwest, South, and West but declined in the Northeast.

Closed Sales increased 2.5 percent for Existing Homes homes and 2.2 percent for New Construction homes. Pending Sales decreased 3.9 percent for Existing Homes homes but increased 27.7 percent for New Construction homes. Inventory decreased 7.0 percent for Existing Homes homes and 6.5 percent for New Construction homes.

Median Sales Price increased 3.1 percent to $335,000 for Existing Homes homes and 4.6 percent to $524,229 for New Construction homes. Days on Market increased 11.5 percent for Existing Homes homes but decreased 4.2 percent for New Construction homes. Months Supply of Inventory decreased 12.0 percent for Existing Homes homes and 12.7 percent for New Construction homes.

Nationally, there were 1.55 million homes available for sale heading into June, a 3.3% increase from the previous month and 0.6% higher than one year earlier, representing a 4.5-month supply at the current sales pace, according to NAR. Home prices also rose, with the median existing-home price climbing to $429,300 nationwide, an all-time high for the month and 1.3% higher than a year earlier.

*Stats provided by KCRAR & Heartland MLS