Year-over-year, Lucama’s rolling three-month data shows home values edging down while asking prices move higher, pointing to a widening gap between what sellers want and what buyers are paying. Typical home value is down about 3 percent from a year ago, while the median list price is up more than 20 percent, suggesting sellers are testing higher price points.
In the latest rolling period through May 2026, inventory and time on market stand out. Months of supply has climbed to around 10 months and median days on market has surged to more than 200 days, both sharply higher than a year earlier, signaling that homes are generally taking much longer to sell.
At the same time, activity has cooled even as signs of demand persist. Homes sold are down nearly 50 percent year over year, yet pending sales have roughly doubled and the average sale-to-list ratio sits just above 102 percent, indicating that the few deals getting done are closing slightly over asking. Buyers and sellers who want to navigate this mixed, shifting landscape can connect with an Agent Pronto recommended real estate agent to help them make confident decisions.
