Weekly Housing Market Update – November 17, 2025
Home sales remain strong, but prices face pressure.
The latest real-time data for the week of November 17, 2025, shows the U.S. housing market continuing to outperform last year—even as price pressures persist. Here’s what’s happening:
Pending Home Sales Continue to Rise
Weekly pending home sales remain 15% higher than the same week in 2024, with the recent average showing 5–8% more weekly sales than last year. Overall, this marks the strongest November sales activity since 2021.
Active Inventory & New Listings
- Current inventory: 839,000 single-family homes, slightly down from last week but still 16% higher than last year.
- Looking ahead: Inventory growth is expected to continue into 2026, which should support further sales growth but also maintain pressure on home prices in many markets.
Home Prices Under Pressure
Even with rising sales, home prices are softening:
- Asking price per square foot averaged $211, about 1.3% below last year—the first national home price measure to show a negative trend.
- Price reductions remain high, with 41.5% of active listings having taken a cut.
Some regions, like Chicago and New Jersey, still face tight inventory, limiting sales growth until more homes come on the market.
Key Takeaway
The U.S. housing market continues to favor sellers in many areas, while buyers may need to adjust expectations. Inventory is slowly growing, which may ease price pressures, but high-demand regions remain competitive.
Source: Data from Compass Intelligence Weekly. Watch the full market update here.
Thinking About Buying or Selling?
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➡️ Contact Tyler Brown today for a personalized market consultation and a strategy tailored to your goals. Together, we’ll turn insights into action and navigate the housing market successfully.