10/07/2026
September Housing Statistics.
Fewer Home Sales as Interest Rates Rise.
NEED TO KNOW
Local home prices and sales declined in September as mortgage interest rates increased.
LOOK AT THE MEDIANS
The median price of an existing single-family home was $470,000 in September. That’s down 1.1% from September 2025 and down from the all-time high of $490,000 set in May and June.
The median sales price for condos and townhomes was $290,000, down 1.4% from a year ago but still below the record $315,000 set in October 2024.
2026 SALES
Compared to September 2025, sales were
Down 7.4% for homes
Down 12.6% for condos and townhomes
SUPPLY
The sales pace in September equates to a five-month housing supply. That’s up from a roughly four-month supply one year ago.
The local sales pace so far this year has been similar to 2025, which posted the lowest annual sales total since 2007.
ONE MORE THING
By the end of September, LVR reported 7,995 single-family homes listed for sale without any sort of offer. That’s up 6.6% from one year earlier