08/07/2026
Here is the overall Market Trends (2024–2026)
Sales activity slowed significantly from 2024 to 2025 but stabilized in 2026, with noticeable improvement during the late spring and summer months.
Inventory remains considerably higher than in 2024, although 2026 has seen a meaningful reduction from the peak levels of 2025.
Home prices have steadily declined each year, with the average selling price falling from $1.13M in July 2024 to $1.03M in July 2026, an overall decline of approximately 8.5%.
Days on market have consistently increased, reflecting more buyer choice, longer selling times, and improved negotiating conditions compared with the tighter market of 2024.
Overall, 2026 appears to be a more balanced market than 2025. Inventory is moderating, sales have stabilized after last year’s slowdown.
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