Garnet’s rolling three-month data through July 2026 shows home values edging up compared with a year earlier. The typical home value is about 1 percent higher year over year, while the median list price has climbed close to 20 percent over the same period. At the same time, homes sold have jumped more than 60 percent compared with last year, signaling stronger closed-transaction activity even as inventory trends downward.
Looking more closely at the recent rolling period, buyers are seeing about 32 active listings, down slightly from a year ago, and roughly 4.9 months of supply, which aligns with Garnet’s classification as a seller’s market. Properties are taking longer to sell, with median days on market near 96 in this latest period, yet over a third of sales are still closing above the list price and the average sale-to-list ratio sits just under 99 percent.
Momentum on the listing side has cooled, with new listings down about 20 percent year over year and pending sales also lower, suggesting a more selective environment for both sides of the transaction. Even with fewer fresh options coming online, the combination of firmer prices and increased closings points to solid demand meeting limited supply. In a market like Garnet where conditions vary by price point and timing, Agent Pronto can connect both buyers and sellers with a local agent who understands these trends and can guide them through their next move.
