The picture in early September is the mirror opposite of last month. In August, completed transaction numbers looked strong while forward-looking measures declined. This month the reverse is true. Pending listings, listings under contract, and the contract ratio have all moved back above where they stood a year ago, while closed listings and monthly dollar…
Monthly Market Summaries
Market Summary for the Beginning of August 2026
The market in early August presents a more mixed picture than we saw a month ago. Compared with July 2025, the completed numbers still look good — closed listings, average $/SF, median sales price, the annual sales rate and monthly dollar volume are all higher. But the forward-looking measures have turned: listings under contract, pending…
Market Summary for the Beginning of July 2026
The market situation in early July is clearly better than it was in July 2025 across all the above metrics, but is more mixed when comparing with last month (June). On the positive side, we have a slightly higher % of list achieved than a month ago, and inventory and supply measures are lower (a…