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Recent Sales and Buyer Activity
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The market remains competitive, though not as overheated as in previous peak periods.
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Homes are selling for a median price between $768,000 and $1,008,269 (varying by source, as sales and listings can differ).
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On average, homes are going pending in roughly 22-31 days, which is a slight increase in market time compared to a year ago.
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About 99 homes sold in September, up from 83 the year before, indicating stable or slightly increased transaction activity.
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Many new listings continue to see multiple offers and some waived contingencies, though buyers appear to be getting more concessions recently as demand balances out and inventory rises a bit.
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Roughly a third of sellers are reducing prices to attract offers, reflecting buyers’ growing leverage.
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