Real Estate Blog

Market Report – June 2, 2026

Monthly Market Update (June 2026 to Date)

The market has started June on a stronger footing compared to the same point last year. Total sales reached 59 transactions, up 73.5% from 34 sales in early June 2025. New listings also increased significantly, rising 73.8% year-over-year to 73 properties.

Inventory remains elevated, with 6,708 active listings, down slightly (-0.5%) from the same period last year but still providing buyers with substantial choice. Pricing has strengthened early in the month, with the median sale price reaching $620,000 (+7.3%) and the average sale price climbing to $668,661 (+8.2%). Homes are also selling slightly faster, averaging 29 days on market compared to 30 days last year.

Market Summary

While May closed with softer sales activity than 2025, June has begun with encouraging momentum. Sales and listing activity are both running well ahead of last year's pace for the first day of the month, while price growth remains positive. Elevated inventory levels continue to create a balanced environment, offering opportunities for both buyers and sellers.

Year-to-Date Performance

Year-to-date sales total 8,958 transactions, down 11.7% compared to the same period in 2025. New listings are also lower, decreasing 8.5% year-over-year to 17,087.

Despite lower transaction volume, prices remain resilient. The year-to-date median price stands at $580,000, only 0.3% below last year, while the average price has increased 1.6% to $644,576. Homes are selling more quickly than last year, with average days on market improving from 32 to 38 days, an 18.8% improvement.

Weekly Snapshot (May 26 – June 1)

Compared to the same week in 2025:

• Sales: 533 (-17.1%)

• New Listings: 894 (-9.2%)

• Active Listings: 6,708 (-0.5%)

• Median Price: $609,000 (-1.0%)

• Average Price: $702,594 (+4.3%)

• Days on Market: 31 (-6.1%)

Weekly activity continues to show lower transaction volumes than last year, although average prices remain notably stronger.

Daily Snapshot (June 1, 2026)

• Sales: 59

• New Listings: 73

• Active Listings: 6,708

• Median Price: $620,000

• Average Price: $668,661

• Days on Market: 29

June opened with solid activity levels and strong pricing, suggesting buyers remain active despite ongoing inventory availability.

Outlook

The June market is off to a promising start. Sales activity, listing growth, and price appreciation are all outperforming the same period last year. If this momentum continues, June could show stronger year-over-year performance than seen throughout much of the spring market, while elevated inventory continues to support balanced conditions across the region.