07/22/2026
More Homes, Better Prices: A Buyer’s Summer
If you’ve thought about buying a home in the past few years, you may have run into two frustrations: asking prices that kept climbing and too few homes to choose from.
In many places, both sticking points are letting up this summer, with lower asking prices and more homes for sale. Let’s look at the trends, and what they mean for your search. According to Realtor.com, the national median asking price was $430,000 in June, nearly $11,000 under what it was the year before. That’s the eighth month in a row that the typical asking price has dipped below where they were the previous year, according to the same Realtor.com report.
Asking prices were never going to climb forever – now they're just settling closer to what buyers can actually pay. That signals a healthier market, and sellers re-adjusting their expectations.
Now, supply is not back to normal everywhere. As you can see, we’re still down from where we were back in 2017-2019. But in many places, it’s better than it’s been in a while. Here’s how that helps you.
You don’t have to rush an offer just to stay in the running, and you have better odds of finding and landing the right home, not just the one that’s available. Plus, you’ll have more room to negotiate, so you’re searching from a stronger position than buyers had even a year ago. So, if you’re searching for your first place or your next house, there's a little more to choose from and a little more give on price.
So, if you’re searching for your first place or your next house, there's a little more to choose from and a little more give on price. Ready to see what’s available here? Let’s connect.
Jon Ettelson
Coldwell Banker
DRE 01884179