09/09/2026
🏡 AUGUST 2026 MARKET UPDATE — What’s happening in our local market?
August gave us some interesting numbers, and there’s opportunity on both sides of the transaction!
🔥 WHAT DOES THIS MEAN FOR SELLERS?
Buyers ARE buying. Under-contract activity increased while available inventory decreased. But with homes averaging 81 days on market, pricing and presentation still matter. This isn't a market where you can simply throw a price on a house and expect it to sell. The homes that are positioned correctly are getting attention.
🔑 WHAT DOES THIS MEAN FOR BUYERS?
You have 207 homes to choose from, and the longer average market time may give you some room to negotiate on certain properties. BUT—77 homes are already under contract, so when a well-priced home in the right location hits the market, waiting too long can still cost you the house.
💡 BOTTOM LINE:
This feels like a market that rewards strategy over guessing. Sellers need to price competitively from Day 1, and buyers need to know when they have negotiating power—and when it's time to move quickly.
Thinking about buying or selling in Clovis, Portales or the Cannon AFB area? Let's look at what these numbers mean for YOUR price range. 🏡
Kayla Mitchell | Associate Broker
Keller Williams Realty | Melinda Wilkinson Team
🇺🇸 Military Relocation Friendly | 200+ Transactions | $35M+ Sold