The Fred Adams Group of RE/MAX Integrity
In the 46 metro areas surveyed in July 2026, the number of newly listed homes was up an average of 1.4% compared to July 2025, and down 2.7% compared to June 2026. The markets with the biggest increase and decrease in year-over-year new listings percentage were:
Of the 46 metro areas surveyed in July 2026, the overall number of home sales was up an average of 2.5% compared to July 2025, and down 5.7% compared to June 2026. The markets with the biggest increase and decrease in year-over-year sales percentage were:
In July 2026, the median of all 46 metro area sales prices was $450,000 up 3.4% from July 2025, and flat compared to June 2026. The markets with the biggest increase and decrease in year-over-year median sales price were:
In July 2026, the average close-to-list price ratio of all 46 metro areas in the report was 99%, the same as July 2025 and June 2026. The close-to-list price ratio is calculated by the average value of the sales price divided by the list price for each transaction. When the number is above 100%, the home closed for more than the list price. If it’s less than 100%, the home sold for less than the list price. The metro areas with the highest and lowest close-to-list price ratios were:
The average days on market for homes sold in July 2026 was 45, up one day compared to the average in July 2025 (44 days) and up three days compared to June 2026 (42 days). Days on market is the number of days between when a home is first listed in an MLS and a sales contract is signed. The metro areas with the highest and lowest days on market averages were:
Homebuyers had more options in July as the number of homes for sale increased from both the previous month and the prior year, while prices held steady month over month, according to data from the 46 metro areas surveyed in the July 2026 REMAX National Housing Report. Inventory rose 2.8% from June and 4.7% from a year earlier, while the median sales price remained flat at $450,000 and was 3.4% higher year over year.
The additional inventory may create more opportunity for buyers in some markets, but the data also points to a highly localized housing environment. Some metros posted sizable inventory gains and higher months’ supply, while others continued to see tighter supply compared to last year. Buyers and sellers may experience significantly different conditions depending on where they live.
That variation is evident in Miami, where closed transactions increased 11.8% from a year ago, placing the market among the top five metros for annual sales growth.
“This month’s data reflects the ever-changing real estate market in Miami,” said Anthony Askowitz, Broker/Owner of REMAX Advance Realty in Miami, Florida. “We had more sales in July as buyers found opportunities across a wider range of price points. Sellers are also becoming savvier and understand that they need to price appropriately if they don’t want their property to sit on the market. As agents, our focus remains on educating buyers and sellers on today’s market reality and what to expect in a given price range.”
Nationally, home sales fell 5.7% month over month but were 2.5% higher than a year earlier. New listings were down 2.7% from the previous month but up 1.4% year over year. Months’ supply of inventory rose to 3.0, up from 2.7 in June and 2.9 one year ago. Homes sold in July spent an average of 45 days on the market, up three days from the previous month and one day from last year.
Other metrics of note include:
The RE/MAX National Housing Report is distributed each month on or about the 15th. The first Report was distributed in August 2008. The Report is based on MLS data in approximately 53 metropolitan areas, includes all residential property types, and is not annualized. For maximum representation, many of the largest metro areas in the country are represented, and an attempt is made to include at least one metro from each state. Metro area definitions include the specific counties established by the U.S. Government’s Office of Management and Budget, with some exceptions.
Transactions are the total number of closed residential transactions during the given month. Months Supply of Inventory is the total number of residential properties listed for sale at the end of the month (current inventory) divided by the number of sales contracts signed (pended) during the month. Where “pended” data is unavailable, this calculation is made using closed transactions. Days on Market is the number of days that pass from the time a property is listed until the property goes under contract for all residential properties sold during the month. Median Sales Price is the median of the median sales prices in each of the metro areas included in the survey.
MLS data is provided by contracted data aggregators, RE/MAX brokerages and regional offices. While MLS data is believed to be accurate, it cannot be guaranteed. MLS data is constantly being updated, making any analysis a snapshot at a particular time. Every month the RE/MAX National Housing Report re-calculates the previous period’s data to ensure accuracy over time. All raw data remains the intellectual property of each local MLS organization.