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(Sep – Nov ’24 Vs. Sep – Nov ’25)
Key Take-Aways:
- The Average Sales Price increased 6% to $400,634 compared to $378,761 over the same period in 2024.
- Homes continue to sell quickly, with a Median of only 10 days on market before going under contract. This has increased nearly 50% though, so this will be a trend to watch as we enter 2026.
- The inventory of homes available for sale increased slightly to an average of 964 homes/month, up from 953 in 2024.
- But with a rate of ~700 homes/month selling, we are still running under a 2-month supply of homes for sale.
- According to Mortgage News Daily, interest rates were down .75% to 6.28%.
