Real Estate Blog

Market Report – June 5, 2026

Monthly Market Update (June 2026 to Date)

The June market continues to outperform the same period last year. Total sales have reached 301 transactions, up 6.4% from 283 sales recorded by this point in June 2025. New listings have surged 37.3% year-over-year to 578 properties, providing buyers with significantly more choice.

Inventory has also increased, with 6,764 active listings, up 1.7% from the same time last year. Pricing remains strong, with the median sale price reaching $624,900 (+5.9%) and the average sale price climbing to $714,157 (+9.6%). Homes are taking slightly longer to sell, averaging 37 days on market compared to 32 days last year.

Market Summary

June continues to demonstrate healthy market conditions, with sales, listings, and prices all trending higher than last year. The increase in inventory is creating more options for buyers while price growth suggests demand remains resilient. Although properties are taking somewhat longer to sell, overall conditions remain balanced.

Year-to-Date Performance

Year-to-date sales total 9,199 transactions, down 11.5% compared to the same period in 2025. New listings are also lower, declining 7.6% year-over-year to 17,592.

Despite lower transaction volume, pricing remains stable. The year-to-date median price stands at $580,000, down just 0.4% from last year, while the average price has increased 1.9% to $646,710. Homes continue to sell more efficiently than last year, with average days on market improving from 38 days to 32 days.

Weekly Snapshot (May 29 – June 4)

Compared to the same week in 2025:

Sales: 516 (-15.6%)

New Listings: 903 (-14.5%)

Active Listings: 6,764 (+1.7%)

Median Price: $616,000 (+3.5%)

Average Price: $707,715 (+7.0%)

Days on Market: 34 (+3.0%)

Weekly activity remains below last year's levels for both sales and new listings, but pricing continues to strengthen. Both median and average sale prices are outperforming 2025 levels, reflecting ongoing buyer confidence.

Daily Snapshot (June 4, 2026)

Sales: 72

New Listings: 252

Active Listings: 6,764

Median Price: $609,000

Average Price: $701,804

Days on Market: 40

June 4 saw strong listing activity, with more than 250 new properties entering the market. Pricing remained healthy, with the average sale price exceeding $700,000 despite a slight moderation from the previous day's levels.

Outlook

The June market continues to build positive momentum. Sales are running ahead of last year's pace, inventory is expanding, and price growth remains strong. While longer marketing times suggest buyers are taking a more measured approach, current conditions continue to support a balanced and active marketplace as the month progresses.