Buyers should stay selective, but be ready to act when a home meets their budget, condition, and location priorities. The best next step is not chasing every listing; it is knowing which tradeoffs are acceptable before a decision is urgent.
July recorded 4.63 months of available supply. The supply figure was 0.43% different from the prior month. The median time on market was 60 days. Median time on market was 39.53% higher than the prior month. The median sold price was $899,000. The median list price was $999,499. Homes sold for a median 96.5% of their list price. That percentage was 0.08% different from the prior month. The figures combine single-family homes, condos, townhouses, and apartments. The reporting period for these core measures was July 2026.
Buyers have reason to compare choices carefully rather than rely on one headline. Time on market can help frame questions, not replace property research. A home that has been available longer may still have important strengths or limits. The relationship between asking and closing prices supports thoughtful offer preparation. Different property types can behave differently within one combined market view. A strong offer begins with clear financing and inspection expectations. Your decision should reflect the home, not only the market median.
Define the features that are essential before scheduling tours. Confirm your lending position before pursuing a preferred property. Review comparable closed sales with each serious offer decision. Ask about condition, disclosures, and ownership costs early. Compare each home against active alternatives, not memory alone. Decide in advance where flexibility is possible in an offer. Keep contingencies aligned with your due-diligence needs.
