09/15/2026
What’s Really Happening in the Local Real Estate Market Right Now? 📊🏠
The latest September STAT report is out, and while the numbers look steady on the surface, there is an interesting shift happening behind the scenes.
Here is what you need to know:
🔹Homes for Sale: Barely changed from last month (down just 1.4%).
🔹Median Home Price: $445,000 (slightly down from July, but still up 1.1% from last year).
🔹Average Time to Sell: 64 days (up slightly from last month, but faster than last year).
🔹Price Per Square Foot: $258.38 (gradually dipping).
The Real Story: Asking Prices vs. Selling Prices
Over the last 6 months, sellers have lowered their asking prices—dropping the median list price from $480,000 to around $462,000.
However, the final price buyers are actually paying hasn't dropped below last year's numbers—it's holding steady at $445,000.
So why is price per square foot going down?
Homes aren't necessarily getting drastically cheaper; buyers are simply getting more square footage for roughly the same total price.
What This Means for You
🏷️ For Sellers:
The market isn't crashing, but buyers are selective. Strategy matters! Instead of setting a high asking price and making price drops later, pricing accurately from day one is key to attracting serious buyers.
🔑 For Buyers:
Don't wait around expecting a huge drop in overall home prices. The real advantage right now is value—you have room to negotiate more space, better features, or better terms for your budget.
Thinking about making a move this fall? Send us a message or drop a comment below—we're here to help you navigate the numbers! 📩👇
