Real Estate Blog

Market Report – June 4, 2026

Monthly Market Update (June 2026 to Date)

The June market continues to show stronger activity than the same period last year. Total sales have reached 229 transactions, up 22.5% from 187 sales recorded by this point in June 2025. New listings have also increased significantly, climbing 32.0% year-over-year to 326 properties.

Inventory remains elevated, with 6,638 active listings, down slightly (-0.3%) from the same time last year. Pricing has strengthened considerably, with the median sale price rising to $638,500 (+10.1%) and the average sale price increasing to $718,040 (+8.5%). Homes are taking slightly longer to sell, averaging 36 days on market compared to 32 days last year.

Market Summary

June continues to outperform last year's pace in both sales and listing activity. Strong gains in both median and average sale prices indicate healthy demand despite the large inventory supply. While properties are taking slightly longer to sell than they were a year ago, overall market conditions remain balanced and favorable for both buyers and sellers.

Year-to-Date Performance

Year-to-date sales total 9,127 transactions, down 11.4% compared to the same period in 2025. New listings are also lower, declining 8.1% year-over-year to 17,340.

Despite lower transaction volume, pricing remains resilient. The year-to-date median price stands at $580,000, down just 0.3% from last year, while the average price has increased 1.8% to $646,275. Homes continue to sell more efficiently than last year, with average days on market improving from 32 to 38 days, representing an 18.8% improvement in selling speed.

Weekly Snapshot (May 28 – June 3)

Compared to the same week in 2025:

Sales: 542 (-12.9%)

New Listings: 908 (-10.9%)

Active Listings: 6,638 (-0.3%)

Median Price: $614,768 (+3.3%)

Average Price: $707,306 (+6.6%)

Days on Market: 33 (unchanged)

Weekly activity remains below last year's levels for both sales and new listings, but price growth continues to be a positive story. Both median and average sale prices remain ahead of 2025 levels, reflecting ongoing buyer demand.

Daily Snapshot (June 3, 2026)

Sales: 93

New Listings: 140

Active Listings: 6,638

Median Price: $642,000

Average Price: $714,021

Days on Market: 41

June 3 was a strong day for market activity, with sales and new listings both posting healthy totals. Pricing remained robust, with the median sale price exceeding $640,000 and the average sale price topping $714,000.

Outlook

The June market continues to build positive momentum. Sales activity, listing growth, and price appreciation remain well ahead of the same period last year. While inventory levels remain high and marketing times have lengthened slightly, overall conditions suggest a balanced market with continued opportunities for both buyers and sellers as the month progresses.