06/22/2026
๐ก ๐๐๐ข๐ง๐ฌ ๐๐จ๐ฎ๐ง๐ญ๐ฒ ๐๐๐๐ฅ ๐๐ฌ๐ญ๐๐ญ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฉ๐๐๐ญ๐: ๐๐๐ฒ ๐๐๐๐ ๐
Hello, friends and neighbors! Whether youโre looking to buy, sell, or manage both at the same time, here is your quick guide to whatโs happening right now in our local single-family housing market!
๐ ๐๐ง๐ฏ๐๐ง๐ญ๐จ๐ซ๐ฒ ๐ข๐ฌ ๐๐ก๐ข๐ง๐ง๐ข๐ง๐ ๐๐ฎ๐ญ
We currently have a 7.36-month supply of inventory. That is down 12% from last month and a massive 31% from last year!
๐ค ๐
๐จ๐ซ ๐๐๐ฅ๐ฅ๐๐ซ๐ฌ: Less competition means your home has a better chance to stand out.
๐ ๐
๐จ๐ซ ๐๐ฎ๐ฒ๐๐ซ๐ฌ: Available options are tightening up, so being prepared to move quickly on a home is essential. ๐ฐ
๐ฐ ๐๐ก๐ ๐๐ซ๐ข๐๐ ๐๐จ๐ข๐ง๐ญ๐ฌ & ๐๐๐ฅ๐ฎ๐๐ฌ
๐ ๐๐๐๐ข๐๐ง ๐๐ฌ๐ญ๐ข๐ฆ๐๐ญ๐๐ ๐๐ซ๐จ๐ฉ๐๐ซ๐ญ๐ฒ ๐๐๐ฅ๐ฎ๐: Sitting steady at $310,000, up 0.4% over the last 12 months.
๐ ๐๐๐๐ข๐๐ง ๐๐๐ญ๐ข๐ฏ๐ ๐๐ข๐ฌ๐ญ ๐๐ซ๐ข๐๐: Active listings are holding a median price of $350,000, showing a modest 0.4% uptick month-over-month.
๐ ๐๐๐๐ข๐๐ง ๐๐จ๐ฅ๐ ๐๐ซ๐ข๐๐: Homes that closed in May hit a median sold price of $301,600โwhich is a sharp 12.33% jump from last month!
โฑ๏ธ ๐๐จ๐ฆ๐๐ฌ ๐๐ซ๐ ๐๐จ๐ฏ๐ข๐ง๐ ๐
๐๐ฌ๐ญ๐๐ซ!
The median time a property spends on the market is 74 days. While that might sound standard, it actually represents a significant 33.93% drop in days on market from last month. Homes are getting snapped up much faster than they were just weeks ago!
๐ค ๐๐ฌ ๐๐ก๐๐ซ๐ ๐๐จ๐จ๐ฆ ๐ญ๐จ ๐๐๐ ๐จ๐ญ๐ข๐๐ญ๐?
Yes! The sold-to-list price ratio is at 94.35%, which means there is still some healthy room for negotiation at the closing table.
๐ก ๐๐ก๐ ๐๐ข๐ ๐๐๐ค๐๐๐ฐ๐๐ฒ? ๐๐ญ๐ซ๐๐ญ๐๐ ๐ฒ ๐ฆ๐๐ญ๐ญ๐๐ซ๐ฌ!
With rising sale prices and sharply declining inventory, navigating the current landscape takes a sharp game plan. If you want to know what these numbers mean for your specific property's value, or if you're ready to start shopping, let's connect!
๐ง ๐๐ฆ๐๐ข๐ฅ ๐ฆ๐ ๐๐ญ: [email protected]
๐ ๐๐๐ฅ๐ฅ/๐๐๐ฑ๐ญ ๐ฆ๐ ๐๐ญ: (972) 979-4686
๐ก ๐๐ง๐ข๐ญ๐๐ ๐๐จ๐ฎ๐ง๐ญ๐ซ๐ฒ ๐๐๐๐ฅ ๐๐ฌ๐ญ๐๐ญ๐ - ๐๐ ๐๐ฎ๐๐ญ๐ข๐จ๐ง & ๐๐๐๐ฅ๐ญ๐ฒ
(Data source: Information compiled from NTREIS for the period of May 1โ31, 2026).
๐
๐ฎ๐ฅ๐ฅ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ฅ๐จ๐ฐ:
A concise overview of real estate trends in a selected market, highlighting key metrics such as median days on market, median price, and months of inventory by property status.