RE/MAX Report: Home Sales Up 23% This Spring

The start of spring 2025 was marked by a significant uptick in home selling activity across the U.S. From February to March, nationwide home sales increased a whopping 23%.

That was a big takeaway from the latest RE/MAX National Housing Report, which surveyed the real estate trends of 50 metro areas. This edition of the monthly report found upward movement in several other housing metrics as well.

Curious about what’s happening in the market? RE/MAX is sharing these insights:

New listings are contributing to growing inventory

Homebuyers entering the market this season are likely finding more options to choose from. March saw a 29.8% increase in new listings compared to the month prior, and nearly an 8% increase of the same metric compared to one year prior.

These new listings contributed to the country’s growing inventory – the overall quantity of homes for sale, including listings rolling over from previous months. In March, total housing inventory was up 8% from February. Plus, inventory was 35.5% higher than March 2024.

This elevated inventory is one contributing factor to the nationwide rise in home sales.

Home prices are going up

Across the board, home prices appear to be on the rise, too. The median sales price in March was $435,000, nearly $8,000 higher than February and a significant $15,000 higher than March 2024.

Like all market metrics, outcomes can vary greatly by location. For example, when it comes to median home sale prices, Burlington, Vermont, saw a 22.4% increase in March, whereas Honolulu, Hawaii, saw a 4.5% decrease in March.

The pace of home sales is seeing momentum

The pace of sales is picking up this spring. The RE/MAX report for March found that homes across the U.S. were spending an average of 44 days on the market before selling, which is seven days shorter than in February.

Erik Carlson, CEO of RE/MAX Holdings, says the current market has plenty of bright spots for prospective homebuyers and sellers.

“As we enter the prime homebuying season, the uptick in sales and inventory may lead to even more positive market activity,” he says. “With a relatively good supply of homes for sale, and rates holding with signs of some improvement, many buyers are finding current market conditions to be the most favorable they’ve seen in the past few years.”

When these buyers and sellers are ready to enter the spring or summer market, they’re wise to work with a trusted real estate professional – one who can leverage their experience and expertise to help ensure a smooth transaction.

Ready to make a move? Get in touch with a local RE/MAX agent today.

Written by LEAH CURTIS