Sales Market
- Active Listings: 707
- ⬆️ 26.9% year over year
- Median Sold Price / SF: $278.34
- ⬇️ 3.6% year over year
- Average Days on Market: 58 days
- ⬆️ 18.4% year over year
- 30-Year Mortgage Rates: 6.10%
Takeaway:
Inventory has expanded meaningfully while pricing and buyer urgency continue to soften. Sellers are facing more competition and longer timelines, giving buyers increased negotiating leverage compared to last year.
Rental Market
- Active Rental Listings: 259
- ⬆️ 12.1% year over year
- Median Rented Price / SF: $1.37
- ⬇️ 3.5% year over year
- Median Days on Market: 42 days
- ⬆️ 1.2% year over year
Takeaway:
Rental supply is up and rents have pulled back modestly. While leasing conditions remain stable, tenants have more options, and landlords are seeing slightly longer lease-up periods.