sellinghomeswithjennifer

05/27/2026

There's nothing like a good recommendation to brighten your day.

See more: https://www.realsatisfied.com/Jennifer-Shipman

05/20/2026

The April single-family home sales states are now on midmohomefinder.com.

Sales in Boone County for April were up 4% to 205 units. Existing home sales were flat compared to April of last year, but for the first time this year, new construction sales posted a 27% gain after three months of declining sales. In the city limits of Columbia, sales were also up 4% to 129 homes. Year to date, sales are up just over 4%.

Prices in April continued to rise for the year, up 11% last month, with the median price ending at $345,000. The median price in Columbia jumped even higher, up 15% to $360,000. The higher price increase in the City of Columbia is the result of a jump in new construction sales, with 60 of the sales occurring within the city limits and a median sale price of $416,240.

Cumulative days on market continued to rise in April to 56 days, after a brief, single-month decline in March. As the spring/summer market continues, days on market should shorten as the market becomes more active.

After two previous months of shrinking market inventory, the months supply of inventory in April grew by 15% to 2.21 months compared to April of last year. The inventory jump was fueled by 16% increase in new listings, pushing active inventory up 20% to 454 single-family listings. The 2.21 months of inventory is still very low, especially early into the spring market. Market inventory remains relatively low in all price ranges below $500k, which the average months of inventory at 1.87. Above $500k, market inventory averages 7.66 months.

Pending listings (homes under contract) fell 5% in April. The decline in pending listings could be due to a few factors. First, pending listings were up substantially in February and March as buyers took advantage of 30-Yr FRM near 6%, which may have weakened demand in April. Another possibility is that consumer confidence and inflation pressures on consumer goods led buyers to sit on the sidelines. With the exception of the last two days of April, mortgage rates were much better for most of the month than a year ago.

Heading into the summer market, conditions appear fragile, with existing sales flat, pending listings declining, and a rising mortgage rate environment, with the 30 YR FRM hitting 6.75% yesterday, according to the Mortgage News Daily rate index. In addition, economic conditions are unfavorable, with consumer and producer costs rising, which has negatively affected consumer confidence. Year to date, the median price is up 8% as buyers in the upper price range of the market took advantage of lower mortgage rates during the first three months of the year. Now that market inventory is increasing again as mortgage rates rise, especially for homes priced above $500k, price appreciation will probably decelerate to 3% or 4% for the overall market over at least the next few months.

05/13/2026

04/16/2026

The March sales statistics single-family closed sales rose nearly 13% year-over-year, with 157 units closed. Existing home sales drove the gain, surging 26%, while new construction continued to face headwinds, declining 26% for the month.

Prices remained on an upward trajectory. The median price increased 3% to $345,000, and the average price climbed nearly 4% to $384,708. In the City of Columbia, the median price rose 4% to $350,000.

Cumulative days on market (CDOM) fell by five days to 73 — the first year-over-year decline for March since 2022. While a few price ranges still reflect elevated CDOMs, the majority posted improvements last month.

Despite the start of the war in the Middle East and spiking mortgage rates, pending listings surprisingly rose 11% last month as home buyers took advantage of lower mortgage rates in the early part of March. Rates did rise throughout the month, but that didn't seem to deter buyers until the last week, which could've been due to spring break that week.

New listings jumped 14%, signaling that existing homeowners remain willing to enter the market. Some of that activity likely reflects sellers who pulled listings during the holiday season in late 2025 to reset their days on market and re-enter in March.

Despite an unexpected 14% dip in closed sales in January, first-quarter single-family sales finished up 3.6%, with the median price rising 6% to $344,950. Condo sales were down 23% from the prior year, though the median price held steady at $177,000.

Building permits declined 9% in the first quarter, with the most significant drop in Boone County, followed by Ashland; Columbia was roughly in line with last year.

Overall, 2026 is off to an encouraging start. The key question going forward is how rising gas prices, higher utility costs, low consumer confidence, inflation, and potential supply chain disruptions will affect the spring market. On the positive side, equity markets have rebounded from their year-to-date lows, and mortgage rates are meaningfully lower than they were just a few weeks ago, which could provide continued support for buyer activity heading into the spring season.

04/05/2026

Happy Easter!