The overview below shows real estate activity from January 2026 to August 2026. You will see data comparisons between August and the previous month, the last three months and August 2025.

Average & Median Sales Price

The median sales price in August 2026 was $1,570,000, up 27.64% from $1,230,000 from the previous month and -37.20% lower than $2,500,000 from August 2025. The August 2026 median sales price was at a mid level compared to August 2025 and 2024. The average sales price in August 2026 was $1,591,462, up 18.64% from $1,341,453 from the previous month and -36.34% lower than $2,500,000 from August 2025. The August 2026 average sale price was at a mid level compared to August 2025 and 2024.

Sales Price / List Price Ratio

The sales price/list price ratio is the average sale price divided by the average list price for sold properties expressed as a percentage. If it is above 100%, homes are selling for more than the list price. If it is less than 100%, homes are selling for less than the list price.The August 2026 sales price/list price ratio was 97.96%, down from 100.18% from the previous month and up from 96.53% from August 2025.

Number of Properties Sold & Absorption Rate

The number of properties sold in August 2026 was 4, down -42.86% from 7 from the previous month and 300% higher than 1 from August 2025. The August 2026 sales were at a mid level compared to August 2025 and 2024. Absorption rate is the avg number of sales per month divided by the total number of available properties.

Average Days on Market

The average days on market (DOM) is the number of days a property is on the market before it sells. An upward trend in DOM tends to indicate a move towards a buyer's market, a downward trend tends to indicate a move towards seller's market. The DOM for August 2026 was 42 days, up 82.61% from 23 days from the previous month and 68.00% higher than 25 days from August 2025. The August 2026 DOM was at a mid level compared with August 2025 and 2024.

Average Sales Price per Square Foot

The average sales price per square foot is a more normalized indicator for the direction of property value. The sales price per square foot in August 2026 was $621, down -12.54% from $710 from the previous month and -18.82% lower than $765 from August 2025.

Inventory & MSI

The number of properties for sale in August 2026 was 12, equal to the previous month and -36.84% lower than 19 from August 2025. The August 2026 inventory was at a mid level compared with August 2025 and 2024. A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The August 2026 MSI of 3 months was at a mid level compared with August 2025 and 2024.

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