08/10/2026
📊 Troy R-3 Market Snapshot | July 2026
What do these numbers mean?
🏷️ Average Sales Price: $385,000 (+9%) – Home values continue to rise, with the average sold price up 9%.
🏡 Median List Price: $359,000 – Sellers are pricing homes consistently, with no change from the previous period.
💰 100.3% Sale-to-List Price Ratio – Homes are selling, on average, for slightly above asking price, showing strong demand for well-priced properties.
🔑 29 Homes Sold (-51%) – Fewer homes closed this period, reflecting a slower pace of sales.
📈 9.41 Months of Inventory (+121%) – Buyers have significantly more homes to choose from, creating a more balanced market and increasing the importance of strategic pricing.
Whether you're buying, selling, or simply watching the market, understanding these trends can help you make informed real estate decisions. If you'd like to know what they mean for your home, let's talk! 📞 314-494-6462