Long term vs short term
In September 2025, the median sale price rose 1.3 percent year over year to $3.59M. The median $/sf is $1,490, down 6.7 percent YoY, which can reflect a different mix of homes sold. Pair both with sale to list price 97.5 percent and absorption.
How to track direction
Compare three and six month trend lines for median price and $/sf. Watch list to sale and the pace of pendings.
Strategy by role
Buyers can find value in homes needing light updates. Sellers can win with preparation and precise pricing.
FAQ
Can prices move differently by neighborhood
Yes, micro markets move at different speeds.
Do a few luxury closings skew the data
Yes, look at rolling medians and $/sf to smooth noise.
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