by Calculated Risk on 11/21/2025 08:18:00 AM
What this means: On a weekly basis, Realtor.com reports the year-over-year change in active inventory, new listings and median prices. On a monthly basis, they report total inventory. For October, Realtor.com reported active inventory was up 15.3% YoY, but still down 13.2% compared to the 2017 to 2019 same month levels.
Here is their weekly report: Weekly Housing Trends: U.S. Market Update (Week Ending Nov. 15, 2025)
• Active inventory climbed 12.6% year over year
The number of homes active on the market climbed 12.6% year-over-year, as the streak of annual gains stretched past two years in length. There were about 1.1 million homes for sale last week, marking the 29th week in a row over the million-listing threshold. Active inventory is growing due to both new listings hitting the market, but mostly listings taking longer to sell in this weak 2025 sales year.
• New listings—a measure of sellers putting homes up for sale—rose 1.7% year over year
New listings edged up on an annual basis, the second straight week of gains and a return to more typical levels after last week’s surge. Mortgage rates held in the low 6.2s range last week the low-6% range, which may be enticing some homeowners to make a move.
• The median listing price fell 0.4% year-over-year
he median list price dropped compared to the same week one year ago. Adjusting for home size, price per square foot fell 1.0% year-over-year, dropping for the 11th consecutive week. Price per square foot grew steadily for almost two years, but the weak sales activity has finally caught up and shaken underlying home values despite stable prices.
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