July active listings had a median list price of $399,000. July closed listings had a median sold price of $378,000. New pending listings had a median list price of $367,400. Pending listings had a median list price of $379,950. The median time on market for closed activity was 11 days. The August median estimated property value was $376,720. The estimated value recorded a +2.88% change over twelve months. July’s months of inventory measured 1.73. The figures combine single-family, condo, townhouse, and apartment properties. The measures represent active, pending, closed, and estimated-value perspectives.
An asking price is an invitation to negotiate, not a conclusion about value. Pending and closed figures can reveal how buyer interest differs from visible competition. Market time helps frame urgency, but it does not explain every property’s individual appeal. An estimated value can support a conversation while remaining separate from an appraisal. The supply measure suggests that a buyer may need an organized search process. Broad medians can conceal meaningful differences among property types and conditions. The most useful comparison is the one that aligns market evidence with your actual requirements.
Create a comparison sheet for condition, features, terms, and location. Separate homes that are active from those already under contract or closed. Ask why a price differs from nearby comparable properties before dismissing the home. Tour with a defined budget and a short list of non-negotiable requirements. Review likely inspection and repair considerations before ranking a property. Confirm whether the home supports your intended timing and financing plan. Use a property-specific analysis before deciding whether to write an offer.
