Sales Market Snapshot
December closed out with buyers firmly back in the driver’s seat—but not flooring it.
- Active listings: 3,338 homes (+5.4% YoY)
- Median sold price per SF: $275.36 (–2.1% YoY)
- Average days on market: 61 days (+10.9% YoY)
- 30-year mortgage rate: 6.10%
What it means:
Inventory continues to build gradually, giving buyers more leverage and time to be selective. Pricing hasn’t collapsed—it’s simply adjusting. Sellers who price realistically are still moving property, but the “list it and forget it” days are long gone.
Rental Market Snapshot
The rental side tells a quieter, but important story.
- Active rental listings: 1,662 (+18.1% YoY)
- Median rented price per SF: $1.42 (–1.7% YoY)
- Median days on market: 46 days (+3.4% YoY)
What it means:
More rental competition is putting mild pressure on rents, especially for properties that aren’t updated or priced correctly. Well-positioned homes are still leasing—just not instantly. Strategy matters again.