by Calculated Risk on 8/22/2025 08:29:00 AM
What this means: On a weekly basis, Realtor.com reports the year-over-year change in active inventory and new listings. On a monthly basis, they report total inventory. For July, Realtor.com reported inventory was up 24.8% YoY, but still down 13.4% compared to the 2017 to 2019 same month levels.
Here is their weekly report: Weekly Housing Trends: Latest Data as of Aug. 16
• Active inventory climbed 20.9% year over year
The number of homes active on the market climbed 20.9% year over year, easing slightly compared with the previous week for the ninth consecutive week. Nevertheless, last week was the 93rd consecutive week of annual gains in inventory. There were roughly 1.1 million homes for sale last week, marking the 16th week in a row over the million-listing threshold. Active inventory is growing significantly faster than new listings, an indication that more homes are sitting on the market for longer.
• New listings—a measure of sellers putting homes up for sale—rose 4.9% year over year
New listings rose 4.9% last week compared with the same period last year, a lower rate compared with the previous week, as the number of new listings remains below the spring and early summer norm. Homeowners are showing less urgency to list, as rising inventory and cautious buyer activity continue to temper the market.
• The median listing price was flat year over year
The median list price was flat compared with the same week in 2024. The median list price per square foot, which accounts for changes in home size, rose 0.1% year over year, extending its nearly two-year growth streak, though this represents the slowest growth rate over that period.
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