In Late-Q2, national median asking price fell yearly 2.5% to $430K, the eighth straight decline and steepest annual drop in a listings platform's data history.
A typical buyer putting 20% down on a $430K home faced a $2.17K monthly payment, about $132 less than the prior yearly figure.
Homes sold at a steadier pace: the typical listing stayed 53 days, unchanged yearly, while pending sales ↑3.7% for a seventh straight yearly gain.
Sellers appeared more confident, with new listings ↑2.4% to 463.5K and delistings ↓~10%, leaving pulled listings at ~5% of active supply nationwide.
Entering Early-Q3, focus turned to days on market, price cuts, and new listings, and an economist did not expect a stall like the prior summer.
U.S. Asking Prices Fall 2.5% in June | Looking for a home in Dallas–Fort Worth? This one is worth a look. 👀🏡 DFW homes move fast, especially in good locatio
