August 2025 Data

Published September 2025

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Fall has arrived — bringing crisp air, colorful leaves, and pumpkin spice everything. It’s also one of the best times of year to shop for a new home. Imagine cozying up by the fire on a football Sunday in a home that’s all your own.

This season is often the last big push before the holidays, and buyers have an advantage: inventory is up 30.8% compared to the same month last year, according to the NWMLS. While there are more homes to choose from, new construction is down 11% year-over-year, tightening options for brand-new builds.

Many industry experts believe interest rates could ease before the end of the year. In the meantime, home prices have held steady — the median sales price was $650,000 in August 2025, nearly unchanged from $645,000 in August 2024.

For buyers, this creates an ideal window of opportunity: more inventory, steady pricing, and the chance to purchase before lower rates spark increased competition in the market.