Latest News
Existing-home sales remained steady in August after four straight months of decline.
- Read the full news release.
- See the summary of August 2018 Existing Home Sales Statistics (PDF: 398 KB)
- View supplemental market data (PDF: 51 KB)
Existing-Home Sales
Existing-Home Sales data release for September 2018 is scheduled for Friday, October 19, 2018.
The NAR Public Affairs Office issues a news release on or near the 25th of each month with the latest existing-home sales figures. The releases include analysis and quotes by NAR's Chief Economist Lawrence Yun regarding the sales volume, prices, inventory and interest rates.
The Existing-Home Sales data measures sales and prices of existing single-family homes for the nation overall, and gives breakdowns for the West, Midwest, South, and Northeast regions of the country. These figures include condos and co-ops, in addition to single-family homes.
Next release: Existing-Home Sales data release for September 2018 is scheduled for Friday, October 19, 2018.
Existing Home Sales data are provided by NAR solely for use as a reference. No part of this data may be reproduced, stored in a retrieval system, transmitted or redistributed in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without NAR's prior written consent for those who are not members of NAR.
Members of the media who need copies of previous months' existing-home sales news releases can contact the NAR media communications team at 202-383-7515.
Data
Citation guidelines for NAR research and statistics
Overview
Current sales rates, actual totals and median prices by month going back 12 months. Annual totals for three years. Includes all existing-home sales — single-family, condos and co-ops — rolled into monthly and annual totals. This file contains figures for the nation and four regions. It does not contain breakouts.
Existing-Home Sales Overview (PDF: 36 KB)
Breakouts of Single-family, Condo and Co-op
Figures for the nation only — includes total existing-home sales, single-family sales and condo/co-op sales seasonally adjusted and actual. Months supply by category also included. Median and average sales prices for all existing-home sales, for single-family sales and for condo-co-op sales.
Total Sales With Breakouts of Single-family and Condo/Co-op (PDF: 30 KB)
Single-Family Existing-Home Sales and Prices
Current single-family existing-home sales rates, actual totals and median prices by month for 12 months. Annual totals for three years. Figures for the nation and four regions.
Single-Family Only (PDF: 35 KB)
Condo and Co-op Sales and Prices
Current condo and co-op sales rates, actual totals and median prices by month for 12 months. Annual totals for three years. Figures for the nation and four regions.
Condo/Co-op Only (PDF: 35 KB)
Historical Information
Historical data can be purchased in the REALTOR® Store.
Questions?
If you have questions about this data, please email them to data@realtors.org.
August 2018 brought 5.34 million in sales, a median sales price of $264,800, and 4.3 months of inventory. The median sales price is up 4.6% year over year, and inventory is up 0.2% from August 2017.
Total existing-home sales did not change from July and remained at a seasonally adjusted rate of 5.34 million in August. Sales are now down 1.5 percent from a year ago (5.42 million in August 2017).
The chief cause of the modest decline in home sales in July was related to lack of inventory. Housing market indicators are all healthy. With the economy doing well, and home ownership equity healthy, NAR Chief Economist Lawrence Yun expects sales to rise if inventory continues to rise.
Sales of existing homes decreased in June as prices continued to rise and inventory levels rose for the first time in three years. National Association of REALTORS® Chief Economist Lawrence Yun discusses the data in this video.
Sales are down 0.4 percent even though the economy is doing well and job growth is strong, NAR Chief Economist Lawrence Yun says. Affordability is a big part of the problem as first-time buyers get priced out.
