Welcome to AgentUp’s August 2025 Real Estate Update. Summer is sizzling, and this month’s AgentUp newsletter is filled with information and tips for making hay while the sun shines!
The pool is open, so let’s jump right in!
AgentUp Podcast
Listen to a summary of the August 2025 Real Estate Update on the AgentUp Podcast.
If you prefer to read rather than listen to the podcast, let’s take a look at a real estate update for August and how to make a marketing summer splash.
Make a Summer Splash – Dive Into the Marketing Deep End
The August real estate market is as hot as a summer BBQ! The median U.S. home price sizzles at $446,766, up 1.0% year-over-year.
Average mortgage rates decreased slightly to 6.75% for a 30-year fixed (down 0.1 points), like a cool dip in the pool.
There’s still plenty of summer heat and energy to take advantage of if you work fast.
Now’s the time to dive into the deep end of the marketing pool by using he latest solutions:
- Virtual tours
- Property websites
- Home flyers
- House portraits
- AI real estate photo editing
- And AI virtual staging
So, up your marketing game and make some waves this August!
Trends We’re Seeing – August📈
As we enter August 2025, here are 3 key trends being watched by economists and industry leaders for the weeks ahead:
- Mortgage rates remain elevated but stable – 30-year fixed rates are hovering around 6.7%, with little relief expected through Q3 2025
- Inventory levels continue rising – More homes are available now than at any point since before the pandemic
- Sellers are making concessions – Price cuts and incentives are becoming the norm, not the exception
Please note that these trends reflect national averages. Conditions in your local market could vary.
Median Regional Home Prices
As of August 1, 2025 (Zillow)
| City | Median Home Price | Increase / Decrease |
| New York | $808,900 | Up 3.5% from the previous year |
| Chicago | $315,400 | Up 1.4% from the previous year |
| San Diego | $1,015,200 | Down 2.5% from the previous year |
| Seattle | $880,400 | Up 0.8% from the previous year |
| Austin | $523,800 | Down 6.5% from the previous year |
| Denver | $555,300 | Down 4.1% from the previous year |
| Atlanta | $402,000 | Down 4.4% from the previous year |
National Average Mortgage Interest Rates
As of August 1, 2025 (BankRate)
| Mortgage | Current Rate | Last Month |
| 30-year Fixed | 6.72% | 6.80% |
| 20-year Fixed | 6.33% | 6.56% |
| 15-year Fixed | 5.97% | 6.09% |
| 30-year Jumbo | 6.75% | 6.81% |
Fact of the Month – August📊
According to Redfin, there were 2,111,444 homes for sale across the US in July of 2025.
Are prices going up in your neighborhood?
According to Newsweek, these 5 markets have seen the most significant increase in median house prices so far this year:
| City | 2025 Median House Price Increase |
| Decatur, IL | 12.4% |
| Weirton, WV | 12.0% |
| Duluth, MN | 11.9% |
| Glens Falls, NY | 10.6% |
| Muncie, IN | 10.6% |
* Based on the cities that have experienced the most significant increases in the median sale price of a home between May 2024 and May 2025
Tip of the Month: Market the Outdoors💡
With August’s warm weather, capitalize on outdoor amenities to attract buyers:
- Highlight yards, patios, and swimming pools—key selling points this season
- Schedule tours during twilight hours for dramatic summer evening lighting effects
- Ensure properties are staged with outdoor furniture to showcase livability
Jump In Feet First – Work With a TC Coordinator This Summer☀️
Take the plunge and start reaping the benefits of smoother closings and business growth.
Save up to 20 hours per deal by partnering with a transaction coordinator.
The water’s fine and the price can’t be beat:
- Transaction Coordination – from $349 per month
- Listing Coordination – from $200 per listing
Take the first step toward success today.
Call and speak with an AgentUp TC at (888) 982-4368 or schedule a complimentary TC consultation.
You can also sign up for a free AgentUp account and explore all the ways we can help you grow your business.
We hope this real estate update provided you with some insights into the market for August. Before you go, you may also want to check out prior newsletters:
