Current Market Statistics
Average Home Price: $682,872
Active Listings: Over 6,400 properties currently available
Months of Inventory: Increased over previous years, reaching 3 to 4.5 months depending on the property type
Days on Market: Townhouses and apartments are spending roughly 30 to 35 days on the market, allowing buyers more time for due diligence.
Property Type Trends
Detached Homes: These represent the most stable segment, with benchmark prices generally holding their ground or seeing very modest deceleration compared to other tiers.
Townhouses/Row Houses: Inventory has surged (up over 40% in recent periods), shifting dynamics slightly in favor of buyers.
Apartments/Condos: This segment has seen the most significant shift, with larger year-over-year price adjustments and extended time on market, making it an advantageous market for condo buyers
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