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Your Market Report for the past 7 days

Your Market Report for the past 7 days

Key Market Trends (Feb 2026):

  • Inventory & Sales: Inventory is significantly higher than last year, reducing pressure in some sectors. Monthly sales have seen year-over-year declines.

  • Prices: The benchmark home price has cooled to approximately $554,400 to $565,300, down roughly 4.7% year-over-year.

  • Market Type: Conditions are becoming more balanced, allowing for more negotiation power for buyers compared to the 2025 sellers' market.

  • Property Type Performance: Detached homes have shown more price stability than apartments, which have seen steeper year-over-year price declines.

  • Luxury Market: The luxury sector has seen increased, with high rates of failed listings for homes that were overpriced.

  • Average Days on Market: Homes are spending an average of 53 days on the market.

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Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
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