#MarketWatchMonday Time! The red-hot real estate market cooled slightly this summer, but it remains scorching. According to the most recent National Association of Realtors data, pending home sales increased 8.1 percent in August compared to July. We still have a very hot market that is driving up property prices. According to the National Association of Realtors, existing house prices are up over 15% from a year earlier, with a median price of $356,700. The vast majority of houses sell within a month. This has been especially difficult for those who are just entering the home market since accessibility has drastically shifted.