Market Report – June 3, 2026

Monthly Market Update (June 2026 to Date)

The June market continues to build momentum compared to the same point last year. Total sales have reached 136 transactions, up 27.1% from 107 sales in early June 2025. New listings have also increased significantly, rising 27.4% year-over-year to 186 properties.

Inventory remains elevated, with 6,669 active listings, down slightly (-0.5%) from the same period last year but still providing buyers with a broad selection of homes. Pricing remains strong, with the median sale price climbing to $636,750 (+6.1%) and the average sale price reaching $720,789 (+2.9%). Homes are also selling faster, averaging 32 days on market compared to 35 days last year.

Market Summary

June continues to outperform the same period last year, with both sales and new listings posting solid gains. Strong price growth and improving market times suggest buyers remain active despite the large inventory supply. Current conditions continue to support a balanced marketplace for both buyers and sellers.

Year-to-Date Performance

Year-to-date sales total 9,034 transactions, down 11.6% compared to the same period in 2025. New listings are also lower, declining 8.4% year-over-year to 17,200.

Despite reduced transaction volume, pricing remains resilient. The year-to-date median price stands at $580,000, down just 0.4% from last year, while the average price has increased 1.7% to $645,578. Homes continue to sell more quickly than last year, averaging 38 days on market compared to 32 days in 2025, representing an 18.8% improvement in selling speed.

Weekly Snapshot (May 27 – June 2)

Compared to the same week in 2025:

Sales: 526 (-17.6%)

New Listings: 902 (-12.2%)

Active Listings: 6,669 (-0.5%)

Median Price: $608,250 (+0.5%)

Average Price: $712,594 (+5.6%)

Days on Market: 32 (-5.9%)

Weekly activity remains below last year's pace in terms of sales and listing volume, although pricing continues to show strength, particularly in average sale prices.

Daily Snapshot (June 2, 2026)

Sales: 77

New Listings: 113

Active Listings: 6,669

Median Price: $651,000

Average Price: $760,732

Days on Market: 35

June 2 delivered a strong day for the market, with healthy sales activity, robust new listing growth, and notable price strength. The average sale price exceeded $760,000, reflecting continued demand across higher-priced segments.

Outlook

The June market remains off to a positive start. Sales activity, listing growth, and price appreciation continue to outperform the same period last year. If current trends persist, June could become one of the strongest-performing months of 2026 so far, while elevated inventory levels continue to provide buyers with greater choice and help maintain balanced market conditions.

Posted by Noah Miller on

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