09/30/2025
✨ Market Check-In ✨ Here’s the scoop on what happened in August:
📉 New listings? Down 2.8% YOY (so fewer homes hit the market)
💰 Median sales price? Up 1.0% YOY (a gentle climb, not a rocket)
🏷️ % of original list price received? Down 1.5% YOY (Helloooo! Buyers had a little negotiating room 👋)
⏳ Days on market? Up 29.7% YOY (homes are hanging out a bit longer)
📦 Months supply of inventory? Up 15.2% YOY (Buyers had more options to choose from)
Translation: If you’re buying, you’ve got more time to think, more choices, and maybe even more wiggle room in the terms of your offer. Sellers still have the edge on price, though, so be measured in your expectations. The pace of the market feels less like a sprint and more like a steady jog.
