Active Residences (Current Inventory)
Active residences (current inventory) – The seasonal downturn into the end of the year continues. The housing inventory was at 500 homes on October 5 and has decreased to 460 homes on the market as of November 8, 2025. The number of homes is expected to continue decreasing into early January 2026.
The monthly charts are updated through October 2025
Median Prices
3 & 12-Month Median Prices. The 3-month median price in July was $450,000, and price has trended downward since then to $424,200 for October. Based on the seasonal downturn in prices over the past three years, I expect prices to trend lower for the next few months until late winter of next year.
The monthly charts are updated through October 2025
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). Typically, during this stage of the buying cycle, the median length of time homes stay on the market increases month over month. However, for the month of October, the range was 34-54 days on the market, which is nearly identical to the range in September. This may be attributed to more favorable interest rates recently, and sellers may be becoming more aggressive with their list prices.
The monthly charts are updated through October 2025
Number of Homes Pending in the Past 30 Days
Number of pendings over the last 30 days, close-up. Last month, I wrote, “These numbers (pending homes) should begin to decline in the next couple of months. After a brief surge in buying energy that kept the number of pending sales higher than normal, we are now starting to trend downward. We have decreased from 120 pendings last month to 102 for October and early November. This is normal for the end of the seasonal buying cycle.
The monthly charts are updated through October 2025
Homes Sold for 12 Consecutive Months
Homes sold for 12 Consecutive Months. I wrote last month that “The upward climb (in sales) continues.” The sales number for the last 12 months, ending in September, rose to 1,134 homes and has now increased again to 1,156 for the month of October. This is a trend I appreciate: increasing sales.
The monthly charts are updated through October 2025
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, “Prices are still bouncing up and down in this range bound market.” From July, list price and sales price decreased into August, then bounced into September and now have decreased again in October. Sales price decreased from $440,000 to $424,200 and list price decreased from $450,000 to $443,000. I expect both list and sales prices to continue to decrease into the early part of next year.
The monthly charts are updated through October 2025