May 2025 home sales ↑ 6.8%, with 9,058 single-family homes sold vs. 8,483 during May 2024.
Average home price ↓ 0.7% to $438,230; median price ↓ 1.2% to $339,425 amid lower mortgage rates.
Inventory reached 37,455 active listings—the highest since 2007—boosting options for potential buyers in all price ranges.
Affordable segments surged: homes under $250K saw double-digit sales growth; $1M+ homes also increased 6.3%.
HAR says buyer confidence rising; more favorable prices and inventory driving renewed momentum heading into summer 2025.
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