Home sales pick up as inventory growth stays measured

It’s encouraging to see momentum returning to the housing market: in June, U.S. home sales rose 8.9% from May and 7.8% year over year. The median price reached $460,000, a monthly increase of 2.4%. Inventory also grew by 5%—a measured pace that still keeps things competitive for buyers. On average, homes sold for 99% of their asking price and spent just 43 days on the market. With over two decades helping families throughout the Western Suburbs, I’ve learned that understanding both value and quality construction is essential when navigating these shifts. Whether you’re weighing the timing to sell or assessing your next purchase, knowing the numbers is just one part of making confident decisions in this dynamic market.