Prices Down, Inventory up: What June’s Market Stats Mean for Buyers
The numbers are in for June 2025 — and they tell the story of a market that’s shifting in real time. Whether you’re a buyer hoping for a window of opportunity or a seller trying to time your move right, here’s what the latest data says.
Home Prices Are Slipping
Compared to June of last year, prices are down across the board.
Average sold price: ↓ 5.23%
Median sold price: ↓ 4.34%
Condos and townhomes: ↓ 13.31% (the hardest hit category)
This isn’t a crash — it’s a correction. Sellers are adjusting; buyers are gaining leverage.
Inventory Is Up — Way Up
There are nearly 29% more homes on the market than there were this time last year. That means buyers have more choices, less pressure, and more room to negotiate.
This is the kind of market where informed buyers can step in and find value — especially if they’re pre-approved and ready to move.
Homes Are Taking Longer to Sell
The average home in June took 68 days to sell, up from 56 a year ago — a 21% increase.
This tells us demand is still active, but it’s not frenzied. Buyers are taking their time. Sellers can’t just name a number and expect a full-price offer on day one anymore.
Price Cuts Are Back on the Table
The average home sold for 92.8% of its original asking price — down from 94.5%.
That 1.7% drop might not sound like much, but on a $400,000 listing, that’s a $6,800 gap. And that doesn’t include additional credits, repairs, or closing cost concessions.
If you’re selling, pricing smart from the start matters now more than ever.
Financing Breakdown
Here’s how deals got done in June:
Conventional loans: 6,044 homes
Cash sales: 4,627 homes
FHA loans: 3,032 homes
VA loans: 974 homes
Serious buyers across all categories are locking in homes.
What This Means for You
Buyers:
This is your window. Inventory is high, prices are softening, and sellers are negotiable. Get pre-approved, know your numbers, and let’s go shopping.
Sellers:
The market is still moving, but strategy matters now. Pricing too high? You’ll sit. Underestimate the shift? You’ll leave money on the table. Let’s make your sale competitive.
Need help making a move? I’m here to guide you — with real data and real strategy.
Let’s talk about your goals and build a plan that makes sense in today’s market.
Data source: Stellar MLS June 2025 Market Statistics, compiled by ShowingTime®.
Market data referenced in this post is based on June 2025 statistics provided by Stellar MLS, compiled by ShowingTime®. All information is deemed reliable but is not guaranteed. Readers should verify details independently before making real estate decisions.
