{"id":81792,"date":"2025-08-18T05:00:28","date_gmt":"2025-08-18T12:00:28","guid":{"rendered":"https:\/\/www.redfin.com\/news\/?p=81792"},"modified":"2025-08-15T12:01:08","modified_gmt":"2025-08-15T19:01:08","slug":"homes-sell-at-slowest-pace-in-decade","status":"publish","type":"post","link":"https:\/\/www.redfin.com\/news\/homes-sell-at-slowest-pace-in-decade\/","title":{"rendered":"Homes Are Selling at the Slowest Summer Pace in a Decade"},"content":{"rendered":"<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><strong><i>The typical home that went under contract in July sat on the market for 43 days\u2014the longest July span since 2015\u2014as pending sales hit a two-year low.<\/i><\/strong><\/li>\n<\/ul>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><strong><i>Some sellers are reacting by, well, not selling; active listings posted the largest monthly drop since 2023.<\/i><\/strong><\/li>\n<\/ul>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><strong><i>Home prices rose 1.4% year over year, a faster rate of growth than we\u2019ve seen in recent months, likely due to shrinking supply. The good news for buyers is mortgage rates have fallen.<\/i><\/strong><i><\/i><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">The typical home that went under contract in July was on the market for 43 days. That\u2019s up<\/span><span style=\"font-weight: 400;\"> from 35 days a year earlier and is the longest span for any July since 2015.<\/span><\/p>\n<p><iframe id=\"datawrapper-chart-FvLrS\" style=\"width: 0; min-width: 100% !important; border: none;\" title=\"The Typical Home for Sale Spends 43 Days on the Market\" src=\"https:\/\/datawrapper.dwcdn.net\/FvLrS\/3\/\" height=\"425\" frameborder=\"0\" scrolling=\"no\" aria-label=\"Column Chart\" data-external=\"1\"><\/iframe><script type=\"text\/javascript\">!function(){\"use strict\";window.addEventListener(\"message\",function(a){if(void 0!==a.data[\"datawrapper-height\"]){var e=document.querySelectorAll(\"iframe\");for(var t in a.data[\"datawrapper-height\"])for(var r,i=0;r=e[i];i++)if(r.contentWindow===a.source){var d=a.data[\"datawrapper-height\"][t]+\"px\";r.style.height=d}}})}();\n<\/script><\/p>\n<p><span style=\"font-weight: 400;\">Homes are taking longer to sell because demand is shrinking due to high homebuying costs and economic uncertainty. Pending home sales fell 1.1% month over month in July to the lowest seasonally-adjusted level since November 2023, and existing-home sales ticked down to seasonally adjusted annual rate of 4,150,266\u2014the lowest level in nearly a year.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">With homes lingering on the market, supply has been building up, giving buyers more options and less urgency. Active listings of homes for sale in July sat near the highest level in five years, but they did fall 1.1% from June\u2014the largest monthly seasonally-adjusted drop in roughly two years. New listings fell 0.4% month over month to the lowest seasonally-adjusted level since March 2024.<\/span><\/p>\n<p><iframe id=\"datawrapper-chart-DVLBU\" style=\"width: 0; min-width: 100% !important; border: none;\" title=\"Housing Supply Ticks Down But Remains Near 5-Year High\" src=\"https:\/\/datawrapper.dwcdn.net\/DVLBU\/1\/\" height=\"430\" frameborder=\"0\" scrolling=\"no\" aria-label=\"Column Chart\" data-external=\"1\"><\/iframe><script type=\"text\/javascript\">!function(){\"use strict\";window.addEventListener(\"message\",function(a){if(void 0!==a.data[\"datawrapper-height\"]){var e=document.querySelectorAll(\"iframe\");for(var t in a.data[\"datawrapper-height\"])for(var r,i=0;r=e[i];i++)if(r.contentWindow===a.source){var d=a.data[\"datawrapper-height\"][t]+\"px\";r.style.height=d}}})}();\n<\/script><\/p>\n<p><span style=\"font-weight: 400;\">\u201cSupply is starting to fall because prospective sellers are choosing not to list after seeing their neighbor\u2019s home linger on the market or sell for below the asking price,\u201d said Redfin Senior Economist <\/span><a href=\"https:\/\/www.redfin.com\/news\/author\/asad-khan\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Asad Khan<\/span><\/a><span style=\"font-weight: 400;\">. &#8220;Some existing sellers are also pulling their homes off the market, opting instead to rent their house out or hold off on a move altogether\u2014especially if they bought at the peak of the pandemic market and are worried about <\/span><a href=\"https:\/\/www.redfin.com\/news\/selling-at-a-loss-2025\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">taking a loss<\/span><\/a><span style=\"font-weight: 400;\">.&#8221;<\/span><\/p>\n<h3><b>Home-Price Growth May Be Accelerating as Sellers Pull Back<\/b><\/h3>\n<p><span style=\"font-weight: 400;\"><br \/>\nThe median home sale price rose 1.4% year over year in July to $443,867\u2014the highest July level on record. By comparison, prices rose 0.9% year over year in June and 0.7% year over year in May. This is notable because at the beginning of the year, home-price growth was shrinking.<\/span><\/p>\n<p><iframe id=\"datawrapper-chart-rCss9\" style=\"width: 0; min-width: 100% !important; border: none;\" title=\"Home Prices Rose 1.4% in July\" src=\"https:\/\/datawrapper.dwcdn.net\/rCss9\/1\/\" height=\"426\" frameborder=\"0\" scrolling=\"no\" aria-label=\"Line chart\" data-external=\"1\"><\/iframe><script type=\"text\/javascript\">!function(){\"use strict\";window.addEventListener(\"message\",function(a){if(void 0!==a.data[\"datawrapper-height\"]){var e=document.querySelectorAll(\"iframe\");for(var t in a.data[\"datawrapper-height\"])for(var r,i=0;r=e[i];i++)if(r.contentWindow===a.source){var d=a.data[\"datawrapper-height\"][t]+\"px\";r.style.height=d}}})}();\n<\/script><\/p>\n<p><span style=\"font-weight: 400;\">Buyers have been playing the waiting game for months. Now sellers are playing too, which is likely causing prices to heat up a bit.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The good news for buyers is that while home prices are rising, mortgage payments have started to <\/span><a href=\"https:\/\/www.redfin.com\/news\/typical-homebuyers-monthly-payment-down-from-may-peak\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">come down<\/span><\/a><span style=\"font-weight: 400;\">. The average 30-year-fixed mortgage rate now <\/span><a href=\"https:\/\/www.freddiemac.com\/pmms\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">sits<\/span><\/a><span style=\"font-weight: 400;\"> at 6.58% after hitting a high of 6.75% in mid-July.<\/span><\/p>\n<h3><b>Homebuyer Competition Remains Scarce, And Some Buyers Are Backing Out of Deals<\/b><\/h3>\n<p><span style=\"font-weight: 400;\"><br \/>\nThe typical home that sold in July went for roughly 1% less than its asking price\u2014the biggest July discount since 2020. Less than one-third (28.9%) of homes went for <\/span><i><span style=\"font-weight: 400;\">more<\/span><\/i><span style=\"font-weight: 400;\"> than their <\/span><span style=\"font-weight: 400;\">final <\/span><span style=\"font-weight: 400;\">asking price, the lowest July share since 2019. Both of these stats indicate that homebuyer competition, at least nationally, has fallen.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Some buyers are backing out of deals after they\u2019ve already signed a contract; roughly 58,000 home-purchase agreements were canceled in July, equal to 15.3% of homes that went under contract that month\u2014the highest July rate in records dating back to 2017.*<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In general, buyers have more negotiating power than they\u2019ve had in recent years because they\u2019re facing less competition and have more homes to choose from. But the balance of power may start to shift back toward sellers if supply continues to shrink.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">For now, Redfin agents say it\u2019s critical for sellers to make sure their homes are priced fairly and in good condition if they want to attract buyers. Homes that are overpriced often take a long time to sell.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cIt\u2019s a weird market right now,\u201d said <\/span><a href=\"https:\/\/www.redfin.com\/real-estate-agents\/shauna-pendleton\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Shauna Pendleton<\/span><\/a><span style=\"font-weight: 400;\">, a <\/span><a href=\"https:\/\/www.redfin.com\/premier\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Redfin Premier<\/span><\/a><span style=\"font-weight: 400;\"> real estate agent in Boise, ID. \u201cFor the most part, it\u2019s crickets. I recently did a $100,000 price drop on my listing that had sat on the market for several weeks at over $600,000, only to lure one interested buyer. But there are also pockets of competition. I had a fixer-upper listing get seven offers after we priced it aggressively at $320,000.\u201d<\/span><\/p>\n<p><i><span style=\"font-weight: 400;\">*<\/span><\/i><i><span style=\"font-weight: 400;\">Please note that homes that fell out of contract during a given month didn\u2019t necessarily go under contract the same month. For example, a home that fell out of contract in July could have gone under contract in June.<\/span><\/i><\/p>\n<h3><strong>July 2025 Housing Market Highlights: United States<\/strong><\/h3>\n<table>\n<thead>\n<tr>\n<th><\/th>\n<th><b>July 2025<\/b><\/th>\n<th><b>Month-over-month change<\/b><\/th>\n<th><b>Year-over-year change<\/b><\/th>\n<\/tr>\n<tr>\n<th><b>Median sale price<\/b><\/th>\n<th><span style=\"font-weight: 400;\">$443,867<\/span><\/th>\n<th><span style=\"font-weight: 400;\">-0.6%<\/span><\/th>\n<th><span style=\"font-weight: 400;\">1.4%<\/span><\/th>\n<\/tr>\n<tr>\n<th><b>Existing-home sales, seasonally adjusted annual rate<\/b><\/th>\n<th><span style=\"font-weight: 400;\">4,150,266<\/span><\/th>\n<th><span style=\"font-weight: 400;\">-0.3%<\/span><\/th>\n<th><span style=\"font-weight: 400;\">-0.5%<\/span><\/th>\n<\/tr>\n<tr>\n<th><b>Pending home sales, seasonally adjusted<\/b><\/th>\n<th><span style=\"font-weight: 400;\">470,474<\/span><\/th>\n<th><span style=\"font-weight: 400;\">-1.1%<\/span><\/th>\n<th><span style=\"font-weight: 400;\">-0.9%<\/span><\/th>\n<\/tr>\n<tr>\n<th><b>Homes sold, seasonally adjusted<\/b><\/th>\n<th><span style=\"font-weight: 400;\">423,090<\/span><\/th>\n<th><span style=\"font-weight: 400;\">0.0%<\/span><\/th>\n<th><span style=\"font-weight: 400;\">-0.9%<\/span><\/th>\n<\/tr>\n<tr>\n<th><b>New listings, seasonally adjusted<\/b><\/th>\n<th><span style=\"font-weight: 400;\">526,244<\/span><\/th>\n<th><span style=\"font-weight: 400;\">-0.4%<\/span><\/th>\n<th><span style=\"font-weight: 400;\">-1.3%<\/span><\/th>\n<\/tr>\n<tr>\n<th><b>Total homes for sale, seasonally adjusted (active listings)<\/b><\/th>\n<th><span style=\"font-weight: 400;\">1,919,066<\/span><\/th>\n<th><span style=\"font-weight: 400;\">-1.0%<\/span><\/th>\n<th><span style=\"font-weight: 400;\">11.1%<\/span><\/th>\n<\/tr>\n<tr>\n<th><b>Months of supply<\/b><\/th>\n<th><span style=\"font-weight: 400;\">3.1<\/span><\/th>\n<th><span style=\"font-weight: 400;\">0<\/span><\/th>\n<th><span style=\"font-weight: 400;\">0.4<\/span><\/th>\n<\/tr>\n<tr>\n<th><b>Median days on market<\/b><\/th>\n<th><span style=\"font-weight: 400;\">43<\/span><\/th>\n<th><span style=\"font-weight: 400;\">3<\/span><\/th>\n<th><span style=\"font-weight: 400;\">8<\/span><\/th>\n<\/tr>\n<tr>\n<th><b>Share of homes that sold above final list price<\/b><\/th>\n<th><span style=\"font-weight: 400;\">28.9%<\/span><\/th>\n<th><span style=\"font-weight: 400;\">-2.1 ppts<\/span><\/th>\n<th><span style=\"font-weight: 400;\">-4.3 ppts<\/span><\/th>\n<\/tr>\n<tr>\n<th><b>Average sale-to-final-list-price ratio<\/b><\/th>\n<th><span style=\"font-weight: 400;\">99.0%<\/span><\/th>\n<th><span style=\"font-weight: 400;\">-0.3 ppts<\/span><\/th>\n<th><span style=\"font-weight: 400;\">-0.6 ppts<\/span><\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>\n<p style=\"text-align: center;\"><b>Pending sales that fell out of contract, as % of overall pending sales<\/b><\/p>\n<\/td>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">15.3%<\/span><\/td>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">0.9 ppts<\/span><\/td>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">0.8 ppts<\/span><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\"><a href=\"https:\/\/fred.stlouisfed.org\/graph\/?g=1bnGA\" target=\"_blank\" rel=\"noopener\"><b>Monthly average 30-year fixed mortgage rate<\/b><\/a><\/td>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">6.72%<\/span><\/td>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">-0.1 ppts<\/span><\/td>\n<td>\n<p style=\"text-align: center;\"><span style=\"font-weight: 400;\">-0.13 ppts<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><i><span style=\"font-weight: 400;\">Note: Data are subject to revision<\/span><\/i><\/p>\n<h3><strong>July 2025 Metro-Level Highlights<\/strong><\/h3>\n<p>&nbsp;<\/p>\n<p><i><span style=\"font-weight: 400;\">The figures below are based on a list of the 50 most populous U.S. metropolitan areas. Some metros may be removed from time to time to ensure data accuracy.<\/span><\/i> <i><span style=\"font-weight: 400;\">Refer to our <\/span><\/i><a href=\"https:\/\/www.redfin.com\/news\/data-center-metrics-definitions\/\" target=\"_blank\" rel=\"noopener\"><i><span style=\"font-weight: 400;\">metrics definition page<\/span><\/i><\/a><i><span style=\"font-weight: 400;\"> for explanations of metrics used in this report. Metro-level data are not seasonally adjusted. All changes below represent year-over-year changes.<\/span><\/i><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Prices: <\/b><span style=\"font-weight: 400;\">Median sale prices rose most from a year earlier in Cleveland (12.8%), Nassau County, NY (7.1%) and Indianapolis (7.1%). They fell most in Oakland, CA (-6.1%), Jacksonville, FL (-3.9%) and West Palm Beach, FL (-3.8%).<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Pending home sales: <\/b><span style=\"font-weight: 400;\">Pending sales rose most in Phoenix (11.2%), Austin, TX (6.8%) and Houston (6.1%). They fell most in Portland, OR (-12.6%), Miami (-11.8%) and Tampa, FL (-11.7%).<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Closed home sales:<\/b><span style=\"font-weight: 400;\"> Home sales rose most in Houston (4.8%), Virginia Beach, VA (3.7%) and San Francisco (3.2%). They fell most in Miami (-20.2%), San Antonio (-15.3%) and San Jose, CA (-10.1%).<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>New listings: <\/b><span style=\"font-weight: 400;\">New listings rose most in Houston (26.9%), Montgomery County, PA (7.4%) and Cleveland (7.1%). They fell most in San Francisco (-19%), Jacksonville (-15.6%) and Tampa (-13.5%).<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Active listings:<\/b><span style=\"font-weight: 400;\"> Active listings rose most in Las Vegas (28.4%), Houston (25.5%) and Dallas (23.6%). They fell in four metros: San Francisco (-11.2%), Nassau County (-4.4%), Portland, OR (-1%) and Kansas City, MO (-0.9%).<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Sold above list price:<\/b><span style=\"font-weight: 400;\"> In Newark, NJ, 67.2% of homes <\/span><span style=\"font-weight: 400;\">sold above their final list price<\/span><span style=\"font-weight: 400;\">, the highest share among the metros Redfin analyzed. Next came Nassau County (59.9%) and Milwaukee (54.3%). The lowest shares were in West Palm Beach (6.4%), Fort Lauderdale (7.7%) and Miami (7.9%).<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Days on market:<\/b><span style=\"font-weight: 400;\"> In Fort Lauderdale, the typical home that went under contract did so in 92 days, up 23 days from a year earlier\u2014the biggest increase among the metros Redfin analyzed. Next came West Palm Beach (+18 days) and Miami (+18 days). Kansas City, MO was the only metro that saw a decrease (-6 days Y\/Y).\u00a0<\/span><\/li>\n<\/ul>\n<h3><strong>Full Metro-Level Data: July 2025<\/strong><\/h3>\n\n<table id=\"tablepress-476\" class=\"tablepress tablepress-id-476\">\n<thead>\n<tr class=\"row-1\">\n\t<th class=\"column-1\"><strong>U.S. metro area<\/strong><\/th><th class=\"column-2\"><strong>Median sale price<\/strong><\/th><th class=\"column-3\"><strong>Median sale price, Y\/Y change<\/strong><\/th><th class=\"column-4\"><strong>Pending sales, Y\/Y change<\/strong><\/th><th class=\"column-5\"><strong>Homes sold, Y\/Y change<\/strong><\/th><th class=\"column-6\"><strong>New listings, Y\/Y change<\/strong><\/th><th class=\"column-7\"><strong>Active listings, Y\/Y change<\/strong><\/th><th class=\"column-8\"><strong>Median days on market<\/strong><\/th><th class=\"column-9\"><strong>Median days on market, Y\/Y change<\/strong><\/th><th class=\"column-10\"><strong>Share of homes sold above list price<\/strong><\/th>\n<\/tr>\n<\/thead>\n<tbody class=\"row-striping row-hover\">\n<tr class=\"row-2\">\n\t<td class=\"column-1\">Anaheim, CA<\/td><td class=\"column-2\">$1,189,500 <\/td><td class=\"column-3\">1.0%<\/td><td class=\"column-4\">3.3%<\/td><td class=\"column-5\">-4.2%<\/td><td class=\"column-6\">0.7%<\/td><td class=\"column-7\">21.6%<\/td><td class=\"column-8\">N\/A<\/td><td class=\"column-9\">N\/A<\/td><td class=\"column-10\">28.9%<\/td>\n<\/tr>\n<tr class=\"row-3\">\n\t<td class=\"column-1\">Atlanta, GA<\/td><td class=\"column-2\">$400,000 <\/td><td class=\"column-3\">0.0%<\/td><td class=\"column-4\">-5.2%<\/td><td class=\"column-5\">-6.8%<\/td><td class=\"column-6\">-6.6%<\/td><td class=\"column-7\">11.3%<\/td><td class=\"column-8\">50<\/td><td class=\"column-9\">15<\/td><td class=\"column-10\">19.1%<\/td>\n<\/tr>\n<tr class=\"row-4\">\n\t<td class=\"column-1\">Austin, TX<\/td><td class=\"column-2\">$435,000 <\/td><td class=\"column-3\">-3.3%<\/td><td class=\"column-4\">6.8%<\/td><td class=\"column-5\">-8.1%<\/td><td class=\"column-6\">-0.4%<\/td><td class=\"column-7\">9.4%<\/td><td class=\"column-8\">68<\/td><td class=\"column-9\">13<\/td><td class=\"column-10\">12.3%<\/td>\n<\/tr>\n<tr class=\"row-5\">\n\t<td class=\"column-1\">Baltimore, MD<\/td><td class=\"column-2\">$415,000 <\/td><td class=\"column-3\">3.8%<\/td><td class=\"column-4\">-4.2%<\/td><td class=\"column-5\">-6.5%<\/td><td class=\"column-6\">1.6%<\/td><td class=\"column-7\">14.2%<\/td><td class=\"column-8\">30<\/td><td class=\"column-9\">9<\/td><td class=\"column-10\">39.4%<\/td>\n<\/tr>\n<tr class=\"row-6\">\n\t<td class=\"column-1\">Boston, MA<\/td><td class=\"column-2\">$775,000 <\/td><td class=\"column-3\">3.3%<\/td><td class=\"column-4\">0.9%<\/td><td class=\"column-5\">0.1%<\/td><td class=\"column-6\">6.5%<\/td><td class=\"column-7\">16.3%<\/td><td class=\"column-8\">20<\/td><td class=\"column-9\">1<\/td><td class=\"column-10\">52.5%<\/td>\n<\/tr>\n<tr class=\"row-7\">\n\t<td class=\"column-1\">Charlotte, NC<\/td><td class=\"column-2\">$422,500 <\/td><td class=\"column-3\">1.8%<\/td><td class=\"column-4\">N\/A<\/td><td class=\"column-5\">-1.3%<\/td><td class=\"column-6\">-2.6%<\/td><td class=\"column-7\">17.6%<\/td><td class=\"column-8\">55<\/td><td class=\"column-9\">10<\/td><td class=\"column-10\">17.7%<\/td>\n<\/tr>\n<tr class=\"row-8\">\n\t<td class=\"column-1\">Chicago, IL<\/td><td class=\"column-2\">$375,000 <\/td><td class=\"column-3\">2.7%<\/td><td class=\"column-4\">-0.4%<\/td><td class=\"column-5\">-2.0%<\/td><td class=\"column-6\">0.1%<\/td><td class=\"column-7\">1.0%<\/td><td class=\"column-8\">49<\/td><td class=\"column-9\">1<\/td><td class=\"column-10\">43.7%<\/td>\n<\/tr>\n<tr class=\"row-9\">\n\t<td class=\"column-1\">Cincinnati, OH<\/td><td class=\"column-2\">$315,000 <\/td><td class=\"column-3\">5.0%<\/td><td class=\"column-4\">4.6%<\/td><td class=\"column-5\">-2.2%<\/td><td class=\"column-6\">0.7%<\/td><td class=\"column-7\">8.4%<\/td><td class=\"column-8\">37<\/td><td class=\"column-9\">1<\/td><td class=\"column-10\">33.4%<\/td>\n<\/tr>\n<tr class=\"row-10\">\n\t<td class=\"column-1\">Cleveland, OH<\/td><td class=\"column-2\">$265,000 <\/td><td class=\"column-3\">12.8%<\/td><td class=\"column-4\">0.9%<\/td><td class=\"column-5\">2.9%<\/td><td class=\"column-6\">7.1%<\/td><td class=\"column-7\">13.2%<\/td><td class=\"column-8\">21<\/td><td class=\"column-9\">3<\/td><td class=\"column-10\">42.6%<\/td>\n<\/tr>\n<tr class=\"row-11\">\n\t<td class=\"column-1\">Columbus, OH<\/td><td class=\"column-2\">$359,000 <\/td><td class=\"column-3\">2.6%<\/td><td class=\"column-4\">4.5%<\/td><td class=\"column-5\">-1.0%<\/td><td class=\"column-6\">-3.1%<\/td><td class=\"column-7\">12.8%<\/td><td class=\"column-8\">43<\/td><td class=\"column-9\">5<\/td><td class=\"column-10\">30.8%<\/td>\n<\/tr>\n<tr class=\"row-12\">\n\t<td class=\"column-1\">Dallas, TX<\/td><td class=\"column-2\">$422,500 <\/td><td class=\"column-3\">-0.6%<\/td><td class=\"column-4\">0.2%<\/td><td class=\"column-5\">2.5%<\/td><td class=\"column-6\">-1.4%<\/td><td class=\"column-7\">23.6%<\/td><td class=\"column-8\">52<\/td><td class=\"column-9\">14<\/td><td class=\"column-10\">13.8%<\/td>\n<\/tr>\n<tr class=\"row-13\">\n\t<td class=\"column-1\">Denver, CO<\/td><td class=\"column-2\">$585,000 <\/td><td class=\"column-3\">-1.4%<\/td><td class=\"column-4\">-5.6%<\/td><td class=\"column-5\">-1.9%<\/td><td class=\"column-6\">-1.9%<\/td><td class=\"column-7\">21.6%<\/td><td class=\"column-8\">32<\/td><td class=\"column-9\">12<\/td><td class=\"column-10\">21.0%<\/td>\n<\/tr>\n<tr class=\"row-14\">\n\t<td class=\"column-1\">Detroit, MI<\/td><td class=\"column-2\">$220,000 <\/td><td class=\"column-3\">4.8%<\/td><td class=\"column-4\">0.6%<\/td><td class=\"column-5\">-1.9%<\/td><td class=\"column-6\">3.7%<\/td><td class=\"column-7\">7.1%<\/td><td class=\"column-8\">19<\/td><td class=\"column-9\">2<\/td><td class=\"column-10\">41.9%<\/td>\n<\/tr>\n<tr class=\"row-15\">\n\t<td class=\"column-1\">Fort Lauderdale, FL<\/td><td class=\"column-2\">$440,000 <\/td><td class=\"column-3\">-2.2%<\/td><td class=\"column-4\">-6.8%<\/td><td class=\"column-5\">-7.9%<\/td><td class=\"column-6\">-5.7%<\/td><td class=\"column-7\">13.9%<\/td><td class=\"column-8\">92<\/td><td class=\"column-9\">23<\/td><td class=\"column-10\">7.7%<\/td>\n<\/tr>\n<tr class=\"row-16\">\n\t<td class=\"column-1\">Fort Worth, TX<\/td><td class=\"column-2\">$360,000 <\/td><td class=\"column-3\">-2.2%<\/td><td class=\"column-4\">1.7%<\/td><td class=\"column-5\">-0.7%<\/td><td class=\"column-6\">-3.0%<\/td><td class=\"column-7\">11.3%<\/td><td class=\"column-8\">48<\/td><td class=\"column-9\">8<\/td><td class=\"column-10\">18.3%<\/td>\n<\/tr>\n<tr class=\"row-17\">\n\t<td class=\"column-1\">Houston, TX<\/td><td class=\"column-2\">$340,000 <\/td><td class=\"column-3\">-2.9%<\/td><td class=\"column-4\">6.1%<\/td><td class=\"column-5\">4.8%<\/td><td class=\"column-6\">26.9%<\/td><td class=\"column-7\">25.5%<\/td><td class=\"column-8\">49<\/td><td class=\"column-9\">15<\/td><td class=\"column-10\">12.8%<\/td>\n<\/tr>\n<tr class=\"row-18\">\n\t<td class=\"column-1\">Indianapolis, IN<\/td><td class=\"column-2\">$325,000 <\/td><td class=\"column-3\">7.1%<\/td><td class=\"column-4\">4.2%<\/td><td class=\"column-5\">-1.4%<\/td><td class=\"column-6\">-1.7%<\/td><td class=\"column-7\">13.2%<\/td><td class=\"column-8\">17<\/td><td class=\"column-9\">4<\/td><td class=\"column-10\">21.3%<\/td>\n<\/tr>\n<tr class=\"row-19\">\n\t<td class=\"column-1\">Jacksonville, FL<\/td><td class=\"column-2\">$370,000 <\/td><td class=\"column-3\">-3.9%<\/td><td class=\"column-4\">-3.3%<\/td><td class=\"column-5\">-7.8%<\/td><td class=\"column-6\">-15.6%<\/td><td class=\"column-7\">5.2%<\/td><td class=\"column-8\">75<\/td><td class=\"column-9\">14<\/td><td class=\"column-10\">12.3%<\/td>\n<\/tr>\n<tr class=\"row-20\">\n\t<td class=\"column-1\">Kansas City, MO<\/td><td class=\"column-2\">$355,250 <\/td><td class=\"column-3\">6.4%<\/td><td class=\"column-4\">N\/A<\/td><td class=\"column-5\">1.0%<\/td><td class=\"column-6\">-4.1%<\/td><td class=\"column-7\">-0.9%<\/td><td class=\"column-8\">18<\/td><td class=\"column-9\">-6<\/td><td class=\"column-10\">N\/A<\/td>\n<\/tr>\n<tr class=\"row-21\">\n\t<td class=\"column-1\">Las Vegas, NV<\/td><td class=\"column-2\">$445,000 <\/td><td class=\"column-3\">-0.9%<\/td><td class=\"column-4\">-10.5%<\/td><td class=\"column-5\">-9.0%<\/td><td class=\"column-6\">-9.3%<\/td><td class=\"column-7\">28.4%<\/td><td class=\"column-8\">55<\/td><td class=\"column-9\">17<\/td><td class=\"column-10\">16.4%<\/td>\n<\/tr>\n<tr class=\"row-22\">\n\t<td class=\"column-1\">Los Angeles, CA<\/td><td class=\"column-2\">$926,000 <\/td><td class=\"column-3\">0.7%<\/td><td class=\"column-4\">-3.4%<\/td><td class=\"column-5\">-0.8%<\/td><td class=\"column-6\">-2.9%<\/td><td class=\"column-7\">13.4%<\/td><td class=\"column-8\">N\/A<\/td><td class=\"column-9\">N\/A<\/td><td class=\"column-10\">40.2%<\/td>\n<\/tr>\n<tr class=\"row-23\">\n\t<td class=\"column-1\">Miami, FL<\/td><td class=\"column-2\">$550,000 <\/td><td class=\"column-3\">-0.9%<\/td><td class=\"column-4\">-11.8%<\/td><td class=\"column-5\">-20.2%<\/td><td class=\"column-6\">-7.3%<\/td><td class=\"column-7\">17.6%<\/td><td class=\"column-8\">86<\/td><td class=\"column-9\">18<\/td><td class=\"column-10\">7.9%<\/td>\n<\/tr>\n<tr class=\"row-24\">\n\t<td class=\"column-1\">Milwaukee, WI<\/td><td class=\"column-2\">$373,450 <\/td><td class=\"column-3\">3.7%<\/td><td class=\"column-4\">3.5%<\/td><td class=\"column-5\">-3.2%<\/td><td class=\"column-6\">2.1%<\/td><td class=\"column-7\">4.4%<\/td><td class=\"column-8\">39<\/td><td class=\"column-9\">0<\/td><td class=\"column-10\">54.3%<\/td>\n<\/tr>\n<tr class=\"row-25\">\n\t<td class=\"column-1\">Minneapolis, MN<\/td><td class=\"column-2\">$395,000 <\/td><td class=\"column-3\">2.5%<\/td><td class=\"column-4\">-2.9%<\/td><td class=\"column-5\">-1.5%<\/td><td class=\"column-6\">5.4%<\/td><td class=\"column-7\">6.5%<\/td><td class=\"column-8\">24<\/td><td class=\"column-9\">3<\/td><td class=\"column-10\">40.5%<\/td>\n<\/tr>\n<tr class=\"row-26\">\n\t<td class=\"column-1\">Montgomery County, PA<\/td><td class=\"column-2\">$520,000 <\/td><td class=\"column-3\">6.8%<\/td><td class=\"column-4\">5.9%<\/td><td class=\"column-5\">1.4%<\/td><td class=\"column-6\">7.4%<\/td><td class=\"column-7\">11.0%<\/td><td class=\"column-8\">26<\/td><td class=\"column-9\">8<\/td><td class=\"column-10\">48.6%<\/td>\n<\/tr>\n<tr class=\"row-27\">\n\t<td class=\"column-1\">Nashville, TN<\/td><td class=\"column-2\">$483,174 <\/td><td class=\"column-3\">4.5%<\/td><td class=\"column-4\">3.3%<\/td><td class=\"column-5\">1.4%<\/td><td class=\"column-6\">-6.3%<\/td><td class=\"column-7\">13.5%<\/td><td class=\"column-8\">60<\/td><td class=\"column-9\">11<\/td><td class=\"column-10\">13.3%<\/td>\n<\/tr>\n<tr class=\"row-28\">\n\t<td class=\"column-1\">Nassau County, NY<\/td><td class=\"column-2\">$750,000 <\/td><td class=\"column-3\">7.1%<\/td><td class=\"column-4\">-3.3%<\/td><td class=\"column-5\">-3.8%<\/td><td class=\"column-6\">-10.7%<\/td><td class=\"column-7\">-4.4%<\/td><td class=\"column-8\">24<\/td><td class=\"column-9\">1<\/td><td class=\"column-10\">59.9%<\/td>\n<\/tr>\n<tr class=\"row-29\">\n\t<td class=\"column-1\">New Brunswick, NJ<\/td><td class=\"column-2\">$590,000 <\/td><td class=\"column-3\">3.5%<\/td><td class=\"column-4\">-0.1%<\/td><td class=\"column-5\">-2.0%<\/td><td class=\"column-6\">-4.7%<\/td><td class=\"column-7\">8.4%<\/td><td class=\"column-8\">32<\/td><td class=\"column-9\">3<\/td><td class=\"column-10\">49.0%<\/td>\n<\/tr>\n<tr class=\"row-30\">\n\t<td class=\"column-1\">New York, NY<\/td><td class=\"column-2\">$807,000 <\/td><td class=\"column-3\">3.5%<\/td><td class=\"column-4\">-6.3%<\/td><td class=\"column-5\">-0.4%<\/td><td class=\"column-6\">-1.4%<\/td><td class=\"column-7\">5.7%<\/td><td class=\"column-8\">49<\/td><td class=\"column-9\">5<\/td><td class=\"column-10\">35.9%<\/td>\n<\/tr>\n<tr class=\"row-31\">\n\t<td class=\"column-1\">Newark, NJ<\/td><td class=\"column-2\">$649,000 <\/td><td class=\"column-3\">4.7%<\/td><td class=\"column-4\">0.0%<\/td><td class=\"column-5\">-0.5%<\/td><td class=\"column-6\">-2.5%<\/td><td class=\"column-7\">11.1%<\/td><td class=\"column-8\">26<\/td><td class=\"column-9\">7<\/td><td class=\"column-10\">67.2%<\/td>\n<\/tr>\n<tr class=\"row-32\">\n\t<td class=\"column-1\">Oakland, CA<\/td><td class=\"column-2\">$925,000 <\/td><td class=\"column-3\">-6.1%<\/td><td class=\"column-4\">N\/A<\/td><td class=\"column-5\">-3.8%<\/td><td class=\"column-6\">-6.1%<\/td><td class=\"column-7\">13.0%<\/td><td class=\"column-8\">27<\/td><td class=\"column-9\">11<\/td><td class=\"column-10\">45.5%<\/td>\n<\/tr>\n<tr class=\"row-33\">\n\t<td class=\"column-1\">Orlando, FL<\/td><td class=\"column-2\">$412,000 <\/td><td class=\"column-3\">0.5%<\/td><td class=\"column-4\">-10.8%<\/td><td class=\"column-5\">-7.6%<\/td><td class=\"column-6\">-9.9%<\/td><td class=\"column-7\">11.7%<\/td><td class=\"column-8\">50<\/td><td class=\"column-9\">15<\/td><td class=\"column-10\">11.4%<\/td>\n<\/tr>\n<tr class=\"row-34\">\n\t<td class=\"column-1\">Philadelphia, PA<\/td><td class=\"column-2\">N\/A<\/td><td class=\"column-3\">N\/A<\/td><td class=\"column-4\">-7.4%<\/td><td class=\"column-5\">-7.0%<\/td><td class=\"column-6\">5.2%<\/td><td class=\"column-7\">6.3%<\/td><td class=\"column-8\">41<\/td><td class=\"column-9\">6<\/td><td class=\"column-10\">30.3%<\/td>\n<\/tr>\n<tr class=\"row-35\">\n\t<td class=\"column-1\">Phoenix, AZ<\/td><td class=\"column-2\">$453,000 <\/td><td class=\"column-3\">0.7%<\/td><td class=\"column-4\">11.2%<\/td><td class=\"column-5\">-0.4%<\/td><td class=\"column-6\">-5.2%<\/td><td class=\"column-7\">19.9%<\/td><td class=\"column-8\">67<\/td><td class=\"column-9\">14<\/td><td class=\"column-10\">13.7%<\/td>\n<\/tr>\n<tr class=\"row-36\">\n\t<td class=\"column-1\">Pittsburgh, PA<\/td><td class=\"column-2\">$262,000 <\/td><td class=\"column-3\">4.8%<\/td><td class=\"column-4\">3.7%<\/td><td class=\"column-5\">-4.4%<\/td><td class=\"column-6\">-1.0%<\/td><td class=\"column-7\">3.5%<\/td><td class=\"column-8\">52<\/td><td class=\"column-9\">5<\/td><td class=\"column-10\">31.8%<\/td>\n<\/tr>\n<tr class=\"row-37\">\n\t<td class=\"column-1\">Portland, OR<\/td><td class=\"column-2\">$565,000 <\/td><td class=\"column-3\">0.9%<\/td><td class=\"column-4\">-12.6%<\/td><td class=\"column-5\">-2.6%<\/td><td class=\"column-6\">-13.5%<\/td><td class=\"column-7\">-1.0%<\/td><td class=\"column-8\">25<\/td><td class=\"column-9\">7<\/td><td class=\"column-10\">28.8%<\/td>\n<\/tr>\n<tr class=\"row-38\">\n\t<td class=\"column-1\">Providence, RI<\/td><td class=\"column-2\">$520,000 <\/td><td class=\"column-3\">4.0%<\/td><td class=\"column-4\">-4.1%<\/td><td class=\"column-5\">-3.1%<\/td><td class=\"column-6\">N\/A<\/td><td class=\"column-7\">7.6%<\/td><td class=\"column-8\">26<\/td><td class=\"column-9\">4<\/td><td class=\"column-10\">52.5%<\/td>\n<\/tr>\n<tr class=\"row-39\">\n\t<td class=\"column-1\">Riverside, CA<\/td><td class=\"column-2\">$580,000 <\/td><td class=\"column-3\">-0.9%<\/td><td class=\"column-4\">-3.7%<\/td><td class=\"column-5\">-1.8%<\/td><td class=\"column-6\">-4.1%<\/td><td class=\"column-7\">14.4%<\/td><td class=\"column-8\">N\/A<\/td><td class=\"column-9\">N\/A<\/td><td class=\"column-10\">33.6%<\/td>\n<\/tr>\n<tr class=\"row-40\">\n\t<td class=\"column-1\">Sacramento, CA<\/td><td class=\"column-2\">$590,000 <\/td><td class=\"column-3\">-0.8%<\/td><td class=\"column-4\">-2.9%<\/td><td class=\"column-5\">-2.1%<\/td><td class=\"column-6\">-2.5%<\/td><td class=\"column-7\">21.3%<\/td><td class=\"column-8\">31<\/td><td class=\"column-9\">11<\/td><td class=\"column-10\">30.0%<\/td>\n<\/tr>\n<tr class=\"row-41\">\n\t<td class=\"column-1\">San Antonio, TX<\/td><td class=\"column-2\">$329,499 <\/td><td class=\"column-3\">3.0%<\/td><td class=\"column-4\">-8.7%<\/td><td class=\"column-5\">-15.3%<\/td><td class=\"column-6\">-4.3%<\/td><td class=\"column-7\">7.8%<\/td><td class=\"column-8\">66<\/td><td class=\"column-9\">13<\/td><td class=\"column-10\">14.4%<\/td>\n<\/tr>\n<tr class=\"row-42\">\n\t<td class=\"column-1\">San Diego, CA<\/td><td class=\"column-2\">$916,500 <\/td><td class=\"column-3\">-0.4%<\/td><td class=\"column-4\">-5.5%<\/td><td class=\"column-5\">-6.7%<\/td><td class=\"column-6\">-0.3%<\/td><td class=\"column-7\">16.6%<\/td><td class=\"column-8\">37<\/td><td class=\"column-9\">16<\/td><td class=\"column-10\">31.7%<\/td>\n<\/tr>\n<tr class=\"row-43\">\n\t<td class=\"column-1\">San Francisco, CA<\/td><td class=\"column-2\">$1,510,000 <\/td><td class=\"column-3\">0.2%<\/td><td class=\"column-4\">N\/A<\/td><td class=\"column-5\">3.2%<\/td><td class=\"column-6\">-19.0%<\/td><td class=\"column-7\">-11.2%<\/td><td class=\"column-8\">23<\/td><td class=\"column-9\">2<\/td><td class=\"column-10\">49.3%<\/td>\n<\/tr>\n<tr class=\"row-44\">\n\t<td class=\"column-1\">San Jose, CA<\/td><td class=\"column-2\">$1,600,000 <\/td><td class=\"column-3\">2.9%<\/td><td class=\"column-4\">N\/A<\/td><td class=\"column-5\">-10.1%<\/td><td class=\"column-6\">N\/A<\/td><td class=\"column-7\">N\/A<\/td><td class=\"column-8\">20<\/td><td class=\"column-9\">5<\/td><td class=\"column-10\">50.0%<\/td>\n<\/tr>\n<tr class=\"row-45\">\n\t<td class=\"column-1\">Seattle, WA<\/td><td class=\"column-2\">$849,388 <\/td><td class=\"column-3\">-0.1%<\/td><td class=\"column-4\">-7.9%<\/td><td class=\"column-5\">N\/A<\/td><td class=\"column-6\">4.5%<\/td><td class=\"column-7\">23.4%<\/td><td class=\"column-8\">18<\/td><td class=\"column-9\">10<\/td><td class=\"column-10\">24.6%<\/td>\n<\/tr>\n<tr class=\"row-46\">\n\t<td class=\"column-1\">St. Louis, MO<\/td><td class=\"column-2\">$295,000 <\/td><td class=\"column-3\">6.9%<\/td><td class=\"column-4\">N\/A<\/td><td class=\"column-5\">-2.0%<\/td><td class=\"column-6\">0.6%<\/td><td class=\"column-7\">6.7%<\/td><td class=\"column-8\">20<\/td><td class=\"column-9\">2<\/td><td class=\"column-10\">43.5%<\/td>\n<\/tr>\n<tr class=\"row-47\">\n\t<td class=\"column-1\">Tampa, FL<\/td><td class=\"column-2\">$375,000 <\/td><td class=\"column-3\">-1.3%<\/td><td class=\"column-4\">-11.7%<\/td><td class=\"column-5\">-9.9%<\/td><td class=\"column-6\">-13.5%<\/td><td class=\"column-7\">6.0%<\/td><td class=\"column-8\">49<\/td><td class=\"column-9\">11<\/td><td class=\"column-10\">12.2%<\/td>\n<\/tr>\n<tr class=\"row-48\">\n\t<td class=\"column-1\">Virginia Beach, VA<\/td><td class=\"column-2\">$370,000 <\/td><td class=\"column-3\">3.1%<\/td><td class=\"column-4\">5.4%<\/td><td class=\"column-5\">3.7%<\/td><td class=\"column-6\">6.5%<\/td><td class=\"column-7\">14.4%<\/td><td class=\"column-8\">28<\/td><td class=\"column-9\">3<\/td><td class=\"column-10\">35.5%<\/td>\n<\/tr>\n<tr class=\"row-49\">\n\t<td class=\"column-1\">Warren, MI<\/td><td class=\"column-2\">$341,000 <\/td><td class=\"column-3\">4.9%<\/td><td class=\"column-4\">3.7%<\/td><td class=\"column-5\">3.0%<\/td><td class=\"column-6\">4.8%<\/td><td class=\"column-7\">14.8%<\/td><td class=\"column-8\">18<\/td><td class=\"column-9\">3<\/td><td class=\"column-10\">40.1%<\/td>\n<\/tr>\n<tr class=\"row-50\">\n\t<td class=\"column-1\">Washington, DC<\/td><td class=\"column-2\">$599,000 <\/td><td class=\"column-3\">4.2%<\/td><td class=\"column-4\">-5.8%<\/td><td class=\"column-5\">-4.5%<\/td><td class=\"column-6\">2.5%<\/td><td class=\"column-7\">20.9%<\/td><td class=\"column-8\">39<\/td><td class=\"column-9\">9<\/td><td class=\"column-10\">32.4%<\/td>\n<\/tr>\n<tr class=\"row-51\">\n\t<td class=\"column-1\">West Palm Beach, FL<\/td><td class=\"column-2\">$480,000 <\/td><td class=\"column-3\">-3.8%<\/td><td class=\"column-4\">-3.1%<\/td><td class=\"column-5\">-7.2%<\/td><td class=\"column-6\">-8.0%<\/td><td class=\"column-7\">6.9%<\/td><td class=\"column-8\">95<\/td><td class=\"column-9\">18<\/td><td class=\"column-10\">6.4%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<!-- #tablepress-476 from cache -->\n","protected":false},"excerpt":{"rendered":"<p>The typical home that went under contract in July sat on the market for 43 days\u2014the longest July span since 2015\u2014as pending sales hit a two-year low. Some sellers are reacting by, well, not selling; active listings posted the largest monthly drop since 2023. Home prices rose 1.4% year over year, a faster rate of [&hellip;]<\/p>\n","protected":false},"author":13346,"featured_media":81796,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"default","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[8,22],"tags":[20,32,623],"dashboard":[],"coauthors":[125],"class_list":["post-81792","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-housing-market-news","category-market-tracker","tag-housing-affordability","tag-housing-market-tracker","tag-national"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.7 (Yoast SEO v27.6) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Homes Are Selling at the Slowest Summer Pace in a Decade<\/title>\n<meta name=\"description\" content=\"Some sellers are reacting by, well, not selling; active listings posted the largest monthly drop since 2023.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.redfin.com\/news\/homes-sell-at-slowest-pace-in-decade\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Homes Are Selling at the Slowest Summer Pace in a Decade\" \/>\n<meta property=\"og:description\" content=\"Some sellers are reacting by, well, not selling; active listings posted the largest monthly drop since 2023.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.redfin.com\/news\/homes-sell-at-slowest-pace-in-decade\/\" \/>\n<meta property=\"og:site_name\" content=\"Redfin Real Estate News\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/redfin\" \/>\n<meta property=\"article:published_time\" content=\"2025-08-18T12:00:28+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2025\/08\/zac-gudakov-wwqZ8CM21gg-unsplash-scaled.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2560\" \/>\n\t<meta property=\"og:image:height\" content=\"1707\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Lily Katz\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@redfin\" \/>\n<meta name=\"twitter:site\" content=\"@redfin\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Lily Katz\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/homes-sell-at-slowest-pace-in-decade\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/homes-sell-at-slowest-pace-in-decade\\\/\"},\"author\":{\"name\":\"Lily Katz\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#\\\/schema\\\/person\\\/61b1278179ed9d76570212c0c595396f\"},\"headline\":\"Homes Are Selling at the Slowest Summer Pace in a Decade\",\"datePublished\":\"2025-08-18T12:00:28+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/homes-sell-at-slowest-pace-in-decade\\\/\"},\"wordCount\":1137,\"publisher\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/homes-sell-at-slowest-pace-in-decade\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.redfin.com/news\\\/wp-content\\\/uploads\\\/2025\\\/08\\\/zac-gudakov-wwqZ8CM21gg-unsplash-scaled.jpg\",\"keywords\":[\"Housing Affordability\",\"Housing Market Tracker\",\"national\"],\"articleSection\":[\"Housing Market News\",\"Monthly Market Update\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2025\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/homes-sell-at-slowest-pace-in-decade\\\/\",\"url\":\"https:\\\/\\\/www.redfin.com/news\\\/homes-sell-at-slowest-pace-in-decade\\\/\",\"name\":\"Homes Are Selling at the Slowest Summer Pace in a Decade\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/homes-sell-at-slowest-pace-in-decade\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/homes-sell-at-slowest-pace-in-decade\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.redfin.com/news\\\/wp-content\\\/uploads\\\/2025\\\/08\\\/zac-gudakov-wwqZ8CM21gg-unsplash-scaled.jpg\",\"datePublished\":\"2025-08-18T12:00:28+00:00\",\"description\":\"Some sellers are reacting by, well, not selling; active listings posted the largest monthly drop since 2023.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/homes-sell-at-slowest-pace-in-decade\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.redfin.com/news\\\/homes-sell-at-slowest-pace-in-decade\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/homes-sell-at-slowest-pace-in-decade\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.redfin.com/news\\\/wp-content\\\/uploads\\\/2025\\\/08\\\/zac-gudakov-wwqZ8CM21gg-unsplash-scaled.jpg\",\"contentUrl\":\"https:\\\/\\\/www.redfin.com/news\\\/wp-content\\\/uploads\\\/2025\\\/08\\\/zac-gudakov-wwqZ8CM21gg-unsplash-scaled.jpg\",\"width\":1800,\"height\":1200},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/homes-sell-at-slowest-pace-in-decade\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.redfin.com/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Homes Are Selling at the Slowest Summer Pace in a Decade\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#website\",\"url\":\"https:\\\/\\\/www.redfin.com/news\\\/\",\"name\":\"Redfin Real Estate News\",\"description\":\"The latest real estate news and research from technology-powered residential real estate company, Redfin.\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.redfin.com/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#organization\",\"name\":\"Redfin\",\"url\":\"https:\\\/\\\/www.redfin.com/news\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.redfin.com\\\/news\\\/wp-content\\\/uploads\\\/2020\\\/10\\\/Redfin-News-Logo.png\",\"contentUrl\":\"https:\\\/\\\/www.redfin.com\\\/news\\\/wp-content\\\/uploads\\\/2020\\\/10\\\/Redfin-News-Logo.png\",\"width\":1100,\"height\":235,\"caption\":\"Redfin\"},\"image\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/redfin\",\"https:\\\/\\\/x.com\\\/redfin\",\"https:\\\/\\\/www.instagram.com\\\/redfinrealestate\\\/\",\"https:\\\/\\\/www.linkedin.com\\\/company\\\/redfin\",\"https:\\\/\\\/www.pinterest.com\\\/redfin\\\/\",\"https:\\\/\\\/en.wikipedia.org\\\/wiki\\\/Redfin\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#\\\/schema\\\/person\\\/61b1278179ed9d76570212c0c595396f\",\"name\":\"Lily Katz\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/wp-content\\\/uploads\\\/2023\\\/09\\\/Lily_Katz-150x150.jpg170bf170d167b138a07120b77fbb41ab\",\"url\":\"https:\\\/\\\/www.redfin.com/news\\\/wp-content\\\/uploads\\\/2023\\\/09\\\/Lily_Katz-150x150.jpg\",\"contentUrl\":\"https:\\\/\\\/www.redfin.com/news\\\/wp-content\\\/uploads\\\/2023\\\/09\\\/Lily_Katz-150x150.jpg\",\"caption\":\"Lily Katz\"},\"description\":\"As a data journalist, Lily is passionate about helping readers understand complex facets of the housing market. She is particularly interested in the issues of climate change, race and gender equality and housing affordability. Prior to working at Redfin, Lily spent four years as a reporter at Bloomberg News in New York City.\",\"url\":\"https:\\\/\\\/www.redfin.com/news\\\/author\\\/lily-katzredfin-com\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Homes Are Selling at the Slowest Summer Pace in a Decade","description":"Some sellers are reacting by, well, not selling; active listings posted the largest monthly drop since 2023.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.redfin.com\/news\/homes-sell-at-slowest-pace-in-decade\/","og_locale":"en_US","og_type":"article","og_title":"Homes Are Selling at the Slowest Summer Pace in a Decade","og_description":"Some sellers are reacting by, well, not selling; active listings posted the largest monthly drop since 2023.","og_url":"https:\/\/www.redfin.com\/news\/homes-sell-at-slowest-pace-in-decade\/","og_site_name":"Redfin Real Estate News","article_publisher":"https:\/\/www.facebook.com\/redfin","article_published_time":"2025-08-18T12:00:28+00:00","og_image":[{"width":2560,"height":1707,"url":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2025\/08\/zac-gudakov-wwqZ8CM21gg-unsplash-scaled.jpg","type":"image\/jpeg"}],"author":"Lily Katz","twitter_card":"summary_large_image","twitter_creator":"@redfin","twitter_site":"@redfin","twitter_misc":{"Written by":"Lily Katz","Est. reading time":"6 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.redfin.com\/news\/homes-sell-at-slowest-pace-in-decade\/#article","isPartOf":{"@id":"https:\/\/www.redfin.com\/news\/homes-sell-at-slowest-pace-in-decade\/"},"author":{"name":"Lily Katz","@id":"https:\/\/www.redfin.com\/news\/#\/schema\/person\/61b1278179ed9d76570212c0c595396f"},"headline":"Homes Are Selling at the Slowest Summer Pace in a Decade","datePublished":"2025-08-18T12:00:28+00:00","mainEntityOfPage":{"@id":"https:\/\/www.redfin.com\/news\/homes-sell-at-slowest-pace-in-decade\/"},"wordCount":1137,"publisher":{"@id":"https:\/\/www.redfin.com\/news\/#organization"},"image":{"@id":"https:\/\/www.redfin.com\/news\/homes-sell-at-slowest-pace-in-decade\/#primaryimage"},"thumbnailUrl":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2025\/08\/zac-gudakov-wwqZ8CM21gg-unsplash-scaled.jpg","keywords":["Housing Affordability","Housing Market Tracker","national"],"articleSection":["Housing Market News","Monthly Market Update"],"inLanguage":"en-US","copyrightYear":"2025","copyrightHolder":{"@id":"https:\/\/www.redfin.com\/news\/#organization"}},{"@type":"WebPage","@id":"https:\/\/www.redfin.com\/news\/homes-sell-at-slowest-pace-in-decade\/","url":"https:\/\/www.redfin.com\/news\/homes-sell-at-slowest-pace-in-decade\/","name":"Homes Are Selling at the Slowest Summer Pace in a Decade","isPartOf":{"@id":"https:\/\/www.redfin.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.redfin.com\/news\/homes-sell-at-slowest-pace-in-decade\/#primaryimage"},"image":{"@id":"https:\/\/www.redfin.com\/news\/homes-sell-at-slowest-pace-in-decade\/#primaryimage"},"thumbnailUrl":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2025\/08\/zac-gudakov-wwqZ8CM21gg-unsplash-scaled.jpg","datePublished":"2025-08-18T12:00:28+00:00","description":"Some sellers are reacting by, well, not selling; active listings posted the largest monthly drop since 2023.","breadcrumb":{"@id":"https:\/\/www.redfin.com\/news\/homes-sell-at-slowest-pace-in-decade\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.redfin.com\/news\/homes-sell-at-slowest-pace-in-decade\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.redfin.com\/news\/homes-sell-at-slowest-pace-in-decade\/#primaryimage","url":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2025\/08\/zac-gudakov-wwqZ8CM21gg-unsplash-scaled.jpg","contentUrl":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2025\/08\/zac-gudakov-wwqZ8CM21gg-unsplash-scaled.jpg","width":1800,"height":1200},{"@type":"BreadcrumbList","@id":"https:\/\/www.redfin.com\/news\/homes-sell-at-slowest-pace-in-decade\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.redfin.com\/news\/"},{"@type":"ListItem","position":2,"name":"Homes Are Selling at the Slowest Summer Pace in a Decade"}]},{"@type":"WebSite","@id":"https:\/\/www.redfin.com\/news\/#website","url":"https:\/\/www.redfin.com\/news\/","name":"Redfin Real Estate News","description":"The latest real estate news and research from technology-powered residential real estate company, Redfin.","publisher":{"@id":"https:\/\/www.redfin.com\/news\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.redfin.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.redfin.com\/news\/#organization","name":"Redfin","url":"https:\/\/www.redfin.com\/news\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.redfin.com\/news\/#\/schema\/logo\/image\/","url":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2020\/10\/Redfin-News-Logo.png","contentUrl":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2020\/10\/Redfin-News-Logo.png","width":1100,"height":235,"caption":"Redfin"},"image":{"@id":"https:\/\/www.redfin.com\/news\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/redfin","https:\/\/x.com\/redfin","https:\/\/www.instagram.com\/redfinrealestate\/","https:\/\/www.linkedin.com\/company\/redfin","https:\/\/www.pinterest.com\/redfin\/","https:\/\/en.wikipedia.org\/wiki\/Redfin"]},{"@type":"Person","@id":"https:\/\/www.redfin.com\/news\/#\/schema\/person\/61b1278179ed9d76570212c0c595396f","name":"Lily Katz","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2023\/09\/Lily_Katz-150x150.jpg170bf170d167b138a07120b77fbb41ab","url":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2023\/09\/Lily_Katz-150x150.jpg","contentUrl":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2023\/09\/Lily_Katz-150x150.jpg","caption":"Lily Katz"},"description":"As a data journalist, Lily is passionate about helping readers understand complex facets of the housing market. She is particularly interested in the issues of climate change, race and gender equality and housing affordability. Prior to working at Redfin, Lily spent four years as a reporter at Bloomberg News in New York City.","url":"https:\/\/www.redfin.com\/news\/author\/lily-katzredfin-com\/"}]}},"_links":{"self":[{"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/posts\/81792","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/users\/13346"}],"replies":[{"embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/comments?post=81792"}],"version-history":[{"count":5,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/posts\/81792\/revisions"}],"predecessor-version":[{"id":81816,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/posts\/81792\/revisions\/81816"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/media\/81796"}],"wp:attachment":[{"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/media?parent=81792"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/categories?post=81792"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/tags?post=81792"},{"taxonomy":"dashboard","embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/dashboard?post=81792"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/coauthors?post=81792"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}