🏡 Housing Market Update: Opportunities Amid a Slight Slowdown

Pending home sales have shown a small pause, but the market remains strong. Buyer activity continues, and inventory is stable, creating opportunities for both sellers and buyers.

Here’s the latest Compass Intelligence insight:

📈 Pending Sales – Just under 60,000 single-family homes went under contract this week. Condo sales remain steady, showing ongoing demand.

🏠 Inventory Holds Steady – Active listings are near 860,000 homes, 16% higher than last year. Stability in supply gives buyers more choices while supporting healthy market balance.

📉 New Listings – About 70,000 homes hit the market, slightly below last year, highlighting a strategic pause by sellers—not a slowdown.

💰 Prices Remain Strong – Median pending sale price is $399,000, up 2.5% year-over-year, reflecting the resilience of home values.

💡 Takeaway: With mortgage rates easing slightly and buyers staying engaged, the market offers opportunity for thoughtful sellers and well-prepared buyers alike.

📊 For a full breakdown, charts, and insights from Compass Weekly Intelligence: Watch here