🏡 Real Estate Market Update: What’s Happening & What It Means for You (January 2026)
If you’ve been wondering what’s going on in our local real estate market, you’re not alone! Let’s break down the latest numbers so you can see what they really mean for buyers and sellers.
📈 Inventory Is Up — More Choices for Buyers
Throughout 2025, the number of homes for sale steadily increased, peaking during the summer months. While inventory cooled off toward the end of the year, we’re still seeing more homes available than this time last year — which means buyers have more options and negotiating power.
What this means:
➡️ Buyers: More homes to choose from and better chances to find “the one.”
➡️ Sellers: Pricing and presentation matter more than ever.
⏳ Homes Are Taking a Little Longer to Sell
Homes spent more time on the market this year compared to the fast-paced frenzy we saw in past years. On average, homes are now taking around 4–5 months to sell depending on price range and condition.
What this means:
✔️ Well-priced, move-in-ready homes still sell.
✔️ Overpriced listings tend to sit longer.
💲 Buyers Are Negotiating More
Homes sold for about 90–94% of their original list price, which means buyers are successfully negotiating again — a big shift from the ultra-competitive seller’s market of recent years.
What this means:
➡️ Buyers: Room to negotiate on price, repairs, or closing costs.
➡️ Sellers: Strategic pricing is key to attracting serious offers.
🏠 What Price Ranges Are Moving?
Mid-range homes continue to be the most active, while higher-end properties may take longer to sell. This creates great opportunities for buyers in upper price ranges and motivates sellers to stay competitive.
⭐ The Bottom Line
The market is shifting into a more balanced environment, creating opportunity on both sides:
- Buyers: More choices, less pressure, and stronger negotiating power.
- Sellers: Homes still sell — especially when priced right and marketed well.
Whether you’re thinking of buying, selling, or just keeping an eye on the market, now is a great time to stay informed and plan your next move.
📲 Have questions about your home’s value or current buying opportunities? I’d love to help!
