The U.S. housing market is finding its balance at a measured pace this season. We’ve seen active inventory tick up about 4% year-over-year nationwide, although the rate of growth eased for the first time in five weeks. This steady pace points to a gradual shift that’s beginning to favor buyers—without a dramatic surge in supply. Homes are spending an average of 61 days on the market, right in line with last year and reflecting the typical late-Q3 slowdown after a brisker start to 2026. New listings have dipped by around 1% compared to last year, hovering near 2025 levels as affordability concerns keep both buyers and sellers cautious. The median listing price sits at $419K—a 1% decrease from last year—and the median price per square foot has slipped to $222, its lowest since early Q1 of this year. While rising inventory and elevated mortgage rates are gradually adjusting the supply-demand dynamic in buyers’ favor, we’re still seeing a market that’s moving at a considered, deliberate pace. As always, my focus is on guiding clients through these transitions with the highest level of expertise and service, leveraging local insight and @properties’ unmatched resources to support your goals wherever your real estate journey leads.
Leave a Reply