Active Residences (Current Inventory)
Active residences (current inventory) – Inventory reached 540 homes on the market on August 6, 2026, an increase of 43 homes from July 6, 2026. The peak last year was July 24, 2025, with 567 homes on the market. We are still adding inventory into the first week of August this year, and we may exceed last year’s peak, as it doesn’t look like the uptrend is slowing yet.
The monthly charts are updated through August 2026
Median Prices
3 & 12-Month Median Prices. The 3-month median price has turned down again for the month of July, dropping to $426,500 from $435,000 in June. The ping-pong action continues. Prices have been peaking in the July/August time frame for the past few years. This drop is earlier in the season than expected. The 12-month median average decreased to $420,000 for July. This is the lowest 12-month median price since March of 2022. The pressure on prices is still to the downside.
The monthly charts are updated through August 2026
Median Days on Market For homes sold over the past 30 days
Median DOM (days on market - the time it takes for 50% of homes to leave the market for homes that sold over the past 30 days). The number of days on the market for July 6, 2026 was 15, and the 30-day range was 15-22. This is a normal range for this time of year.
The monthly charts are updated through August 2026
Number of Homes Pending in the Past 30 Days
Number of pendings over the last 30 days, close-up. The number of pendings over the past 30 days decreased compared to the previous 30-day period. We decreased from 111 on July 6, 2026, to 97 on August 6, 2026. It is not unusual to see an increase in pendings into September as a final push for the season takes place, but it appears the annual up/down cycle has turned down.
The monthly charts are updated through August 2026
Homes Sold for 12 Consecutive Months
Homes sold for 12 Consecutive Months. Last month, I wrote, “With fewer pending sales than last year, the current trend is for lower total sales at year's end.” This trend of lower total sales numbers continued for the month of July, with the 12 consecutive month total decreasing to 1121 from 1132 in June, 2026. We had a steady uptrend from November of 2023 until January, 2026. Since then, the trend has turned down.
The monthly charts are updated through August 2026
3-month median list price compared to 3-month median sold price
3-month median list price compared to 3-month median sold price. Last month, I wrote, “Based on the previous four years, I would expect higher numbers next month before the normal annual decline sets in.” Unfortunately, my expectations were not met. Both the list and sold prices decreased in July compared to June. This is a bit unusual since we are still in the buying season and prices normally rise into this part of the season. The 3-month median list price decreased from $439,000 to $432,500, and the 3-month median sales price decreased from $435,000 to $426,500. Prices next month could bounce higher, but we are late in the season, and the annual decline may have started earlier than normal.
The monthly charts are updated through August 2026