August 2025 STAT Report

The August 2025 Housing Market Report shows continued adjustments in supply and pricing. Listings stood at 5,824, down 4.5% from July but slightly higher than last year, reflecting moderate inventory levels. Average and median price per square foot both edged lower, signaling affordability pressures. Supply increased to 4.01 months, while absorption dipped to 24.9%, highlighting softer buyer demand. Average and median list prices showed modest gains month-over-month, though still trending below prior quarters. Sales prices remained relatively flat, with the median holding steady at $440,000. Days on market lengthened further, with the average rising to 86 and the median to 66, underscoring slower sales activity. Overall, August data reflect a housing market balancing higher supply with more cautious buyer demand