U.S. Monthly Home Sales Volume Market Dynamics & Seasonality since 2020*
The number of existing-home sales in November 2024 declined 9.5% from October, but rose 5% year-over-year. Sales volume can be expected to substantially decline over the next 2 months for the typical mid-winter slowdown. (Note that some second-home markets see higher demand in mid-winter.)
June 2021
650,000
July 2020
600,000
June 2022
550,000
Updated through November 2024
500,000
June 2023
450,000
May 2024
First year of pandemic
400,000
350,000
Jan.-Feb.
Jan.-Feb.
300,000
Jan.
Sales in one month mostly reflect market conditions in the previous month when offers were negotiated. Monthly sales volume usually peaks in late spring, and hits its low point in mid-winter.
250,000
Jan.
Jan.
200,000
* Data copyright, National Association of Realtors®. All rights reserved. Used with permission. Existing home sales (single-family dwellings, condos and co-ops), does not included new-home sales. Not seasonally adjusted. Last month labeled “preliminary . ” Data from sources deemed reliable but may contain errors and subject to revision.
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