April Market Update
📊 Market Overview – March 2026
🏠 Homes Sold
- 3,385 homes sold, which is up 7.02% from March 2025
- 2,538 single-family homes
- 847 condos/townhomes
➡️ This is a strong jump in activity — buyer demand picked up significantly compared to last year.
⏳ Median Days on Market
- 41 days on market
- Down 30.51% from last month (59 days)
➡️ Homes are selling much faster, signaling a more competitive spring market kicking in.
💰 Pricing Trends
- Median price per sq. ft.: $233.67
Single-Family Homes
- $565,000 median price
- Up 1.80% year-over-year
Condos / Townhomes
- $410,000 median price
- Down 2.38% year-over-year
➡️ Single-family homes continue steady appreciation, while condos are still slightly softening.
📦 Residential Inventory
- 5,837 new listings (2026)
- 5,431 new listings (2025)
➡️ Inventory is up ~7.5% year-over-year, meaning:
- More options for buyers
- Slightly more competition for sellers
🔍 Key Takeaways
🟢 For Buyers
- More listings available, but homes are selling quickly again
- Need to be ready to act fast in a competitive spring market
🔴 For Sellers
- Strong demand + faster sales = great timing to list
- Pricing still matters with rising inventory
📈 For Investors
- Single-family homes remain stable appreciating assets
- Condo market may present buying opportunities
📌 Bottom Line
March 2026 shows a strong spring rebound:
- Sales are up significantly
- Homes are selling much faster
- Inventory is rising, but demand is keeping pace
👉 Overall, this is a healthy, active market leaning slightly toward sellers, especially in the single-family segment.
