Current Market Data
Geographically, trends varied widely, with formerly hot areas like Florida and the Southeast posting the deepest declines and formerly cool areas, like the Midwest, showing healthy gains.
South Florida experienced positive housing inventory growth. Meanwhile, homes stayed on the market slightly longer, according to the latest Housing Scorecard.
Spa-style amenities, customizable lighting options, integrated technology, storage solutions — and ample space for these features — all surfaced as top trends.
By region, sales rose in the Midwest, Northeast and South but fell in the West.
Bold, geometric designs like chevrons, sunbursts, zigzags and stepped shapes are making a huge comeback as of late — and Houzz said that will continue into 2026.
Continuing last month’s positive trends, sales of single-family homes and condos in Miami both saw a 7% increase year over year.
Buyers from 73 countries accounted for 52% of new construction sales during the past 22 months.
Renters paid an average of $1,771 for one-bedroom apartments during the third quarter, a decrease of 4.1% year over year.
The chief economist for the National Association of REALTORS® also predicts home prices will climb 4% compared to 2025.
At the same time, the average age of the first-time buyer hit an all-time high of 40, according to the 2025 Profile of Home Buyers and Sellers.
At the top of the list? WaterSense fixtures — the plumbing solution, which claims to reduce water use by more than 20%, increased in popularity by 289.6%.
The association’s research shows that normal supply-and-demand trends led to Miami’s current high prices, rather than an unsustainable bubble like the one associated with the Great Recession.
Buyer demand drove consistent price growth in South Florida’s luxury market during the third quarter, according to The Keyes Company and Illustrated Properties’ latest Luxury Market Report.
Nationwide, the median price for a single-family home increased 1.7% year over year to $426,800. Prices increased by the same annual rate during the second quarter.
Houses lingered on the market last month in South Florida’s market. Meanwhile, inventory boomed and existing-home sales grew, according the latest Housing Scorecard.
How will the government shutdown hit the real estate market? Will big company mergers change the industry landscape? Economist Matthew Gardner is back answering those questions and more in his Q3 2025 Update with Agent Publishing Co-Founder Anne Hartnett.
