Existing Home Sales Jumped 5.1% in December

December Housing Sales Surged… But Inventory Is Still the Real Problem

TheNational Association of Realtors is reportingthat existing home sales were up 5.1% in December, 2025 to a seasonally-adjusted annual rate of 4.35 million. Total housing inventory at the end of December was 1.18 million units, down 18.1% from November but up 3.5% from one year ago. Unsold inventory sits at a 3,3-month supply at the current sales rate. The median existing-home price for all housing types in December was $405,400 – the 30th consecutive month of year-over-year price increases. The NAR says inventory is still an issue:

“Inventory levels remain tight…With fewer sellers feeling eager to move, homeowners are taking their time deciding when to list or delist their homes. Similar to past years, more inventory is expected to come to market beginning in February” Said the NAR’s Chief Economist, Lawrence Yun.