Real Estate Blog

Market Report – June 6, 2026

Monthly Market Update (June 2026 to Date)

June continues to post stronger results than the same period last year. Total sales have reached 419 transactions, up 11.4% from 376 sales recorded by this point in June 2025. New listings have also increased, rising 9.6% year-over-year to 848 properties.

Inventory levels remain elevated, with 6,859 active listings, a slight 0.2% increase over last year. Prices continue to trend upward, with the median sale price reaching $617,500, up 3.8%, while the average sale price has climbed to $701,987, a 7.0% increase. Homes are taking longer to sell, averaging 37 days on market compared to 32 days at the same point last year.

Market Summary

The June market is maintaining positive momentum. Sales activity is outperforming last year's pace, inventory remains plentiful, and prices continue to strengthen. While buyers appear to be taking more time before making purchasing decisions, demand remains healthy enough to support ongoing price growth.

Year-to-Date Performance

Year-to-date sales total 9,317 transactions, down 11.2% compared to the same period in 2025. New listings are also lower, declining 7.9% year-over-year to 17,862.

Despite softer sales volume, home values remain resilient. The year-to-date median price stands at $580,000, down only 0.5% from last year, while the average price has increased 1.9% to $647,016. Homes continue to sell more efficiently than in 2025, with average days on market at 32 compared to 38 last year.

Weekly Snapshot (May 30 – June 5)

Compared to the same week in 2025:

Sales: 513 (-15.8%)

New Listings: 941 (-16.3%)

Active Listings: 6,859 (+0.2%)

Median Price: $605,000 (+1.7%)

Average Price: $700,285 (+6.7%)

Days on Market: 37 (+12.1%)

Weekly activity remains below last year's levels in both sales and listing activity, but pricing continues to outperform. The combination of higher average prices and stable inventory levels suggests the market remains balanced despite slower transaction volume.

Daily Snapshot (June 5, 2026)

Sales: 118

New Listings: 270

Active Listings: 6,859

Median Price: $588,000

Average Price: $670,096

Days on Market: 38

June 5 saw a strong jump in sales activity, with 118 transactions recorded and 270 new listings added to the market. Inventory continued to expand, while pricing remained solid despite a modest pullback from the previous day's levels.

Outlook

The June market remains on track for stronger year-over-year performance than seen through much of the spring. Sales are running ahead of last year's pace, inventory is plentiful, and prices continue to appreciate. If current trends persist, the market should remain balanced through the remainder of the month, offering opportunities for both buyers and sellers.