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Q1 2026 Market Report

At first glance you might think the market has slowed down and you'd be right. This can be good or bad depending on your real estate goals. Here's what the numbers mean.
 
 

Sales activity softened.

We had 62 homes sell vs. 66 last year (-6.1%), and total dollar volume dropped a more noticeable 15.3%. That tells us it’s not just fewer deals… it’s fewer big deals.
Prices up or down? Depends on what market segment you're buying or selling.


The average price dipped...

6.8%, but the median jumped 8.2%. That’s a classic shift, fewer high-end sales pulling the average down, while the typical home is actually selling for more. In plain English, the middle of the market is holding up just fine. 
 

Homes are taking longer to sell.

Average days on market crept up slightly (+3.8%), but the median jumped 26.4%. That tells me more properties are sitting unless they’re priced right. Buyers aren’t gone, they’re just pickier and they can be.
 

Inventory tightened…

 
But not because demand surged. Months' supply dropped from 6.61 to 5.07 (-23.3%), but that’s largely because new listings seemingly fell off a cliff (-35.8%). 2025 had a large surge in inventory.  Compare 2026 to most any other year and the cliff inventory fell off looks more like a step... if that. 
 

Buyer activity is a little quieter.

Pending sales are down 18.9%, which lines up with the slower pace we’re seeing. This isn't the case in all market segments.
I'm not willing to call this a trend just yet or that 2026 is shaping up to be a down year. Three months of data (at least in our small market) isn't enough data to turn me into a chicken little.  For now, the sky is still blue and staying put. 
 
If you want a deep dive into the market and its various segments reach out, I'd love to chat. 

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