Joe Barrett
Coldwell Banker Realty

Market Vibe: The Great Housing Reset


The 2026 market is no longer about "listing and waiting." Success is now measured by precision. We are seeing a clear divergence in property types:

Single-Family Homes: Remain the crown jewel of the market. With limited inventory and high demand from relocating families, the median price has stayed resilient at $812,500.
The Condo Segment: Currently a buyer's playground. Increased inventory and rising carrying costs (HOA fees and insurance) have shifted the leverage. Buyers now enjoy significant negotiation power, often securing concessions that were unheard of two years ago.
The 5% Rule: Data shows that homes priced within 5% of fair market value are being absorbed within 30–45 days. Conversely, "aspirational" listings priced even slightly too high are languishing for 100+ days, losing their initial momentum.