As the summer winds down, I’m noticing some interesting shifts in the housing market that may affect your next move. Across the U.S., new home listings have ticked up 1.2%, reaching a three-month high—even as pending sales have dipped 1.3% to their lowest level since March. While the median asking price edged down 0.1%, the median sale price is still 1.8% higher than it was a year ago, reflecting the ongoing impact of higher mortgage rates and some economic uncertainty. Having worked with hundreds of buyers and sellers in the Bay Area over the past two decades, I know how important it is to interpret these trends for your unique situation. Whether you’re considering a sale or purchase, understanding these market dynamics can give you clarity and confidence in your real estate decisions.
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