We're seeing a subtle shift in home prices across the US—up about 0.3% month-over-month in mid-Q3, but at a gentler pace than the previous couple of months. Over the past year, though, prices have climbed by around 4%, which is actually the fastest annual growth we've seen in a year. So even as things cool off a bit from month to month, home values are still trending higher nationwide.
This mid-Q3 period also marked what’s considered the strongest buyer’s market on record. Higher housing costs and some economic uncertainty have meant less demand, while the number of homes for sale continues to rise. Still, prices aren’t dropping, mainly because many homeowners have built up solid equity and aren’t under pressure to accept big discounts.
If you’re looking for a home, this slower pace means you have more breathing room—to weigh your options, compare, and even negotiate. For sellers, starting with a realistic price is key to attracting interest right now. Whether you’re moving up, downsizing, or just starting out, I know firsthand how important it is to feel confident in your decisions, and I’m always here to help you navigate the process with patience and clarity.
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