Average Sales PriceQ3 2024 – $1,140,055Q3 2025 – $1,155,723Increased by 1% Average Days On MarketQ3 2024 – 31Q3 2025 – 36Increased by 16% Average Sale Price Per Square FootQ3 2024 – $850Q3 2025 – $876Increased by 3% Median Sales PriceQ3 2024 – $1,084,000Q3 2025 – $1,020,000Decreased by 6% Number of Sold ListingsQ3 2024 – 74Q3 […]
Average Sales PriceQ3 2024 – $1,938,939Q3 2025 – $2,117,419Increased by 9% Average Days On MarketQ3 2024 – 55Q3 2025 – 40Decreased by 27% Average Sale Price Per Square FootQ3 2024 – $1293.94752040128Q3 2025 – $1293.5279352488No change Median Sales PriceQ3 2024 – $1402500Q3 2025 – $1170000Decreased by 17% Number of Sold ListingsQ3 2024 – 28Q3 2025 […]
Average Sales PriceQ3 2024 – $1,974,075Q3 2025 – $2,116,555Increased by 7% Average Days On MarketQ3 2024 – 57Q3 2025 – 55Decreased by 4% Average Sale Price Per Square FootQ3 2024 – $1460Q3 2025 – $1454No change with Median Sales PriceQ3 2024 – $1,323,000Q3 2025 – $1,275,000Decreased by 4% Number of Sold ListingsQ3 2024 – 85Q3 […]
For years, home prices across the country have seemed unstoppable. But the Case-Shiller Home Price Index — one of the main ways economists track housing values — is starting to show something different: signs that the national market may be slowing down. Across the U.S., prices are still higher than they were a year ago, […]
The Federal Reserve just lowered its benchmark interest rate by 25 basis points (0.25%). For many homeowners, that headline sounds like the start of another wave of bidding wars and skyrocketing prices. After all, lower rates mean more buyers can afford to borrow—right? Not so fast. Mortgage Rates Already Knew This Was Coming Mortgage rates […]
Average Sales PriceJuly 2025 – $1,718,890August 2025 – $$1,639,528decreased by 5% Average Days On MarketJuly 2025 – 50August 2025 – 44decreased by 12% Average Sale Price Per Square FootJuly 2025 – $1,197August 2025 – $1,227increased by 3% Median Sales PriceJuly 2025 – $1,125,000August 2025 – $1,169,000increased by 4% Number of Sold ListingsJuly 2025 – 154August […]
Average Sales PriceJuly 2025 – $1,183,621August 2025 – $1,140,9334% down Average Days On MarketJuly 2025 – 48August 2025 – 5515% up Average Sale Price Per Square FootJuly 2025 – $567August 2025 – $5532% down Median Sales PriceJuly 2025 – $822,500August 2025 – $779,0005% down Number of Sold ListingsJuly 2025 – 244August 2025 – 2354% down […]
Introduction: The Myth of Rate Cuts as a Cure-All Whenever the Federal Reserve signals that rate cuts are forthcoming, markets and media often assume that it will immediately translate into cheaper mortgages, stronger housing demand, and an economic revival. But this assumption overlooks two crucial realities: (1) today’s housing affordability crisis is driven far more […]
Conventional wisdom says that when the Federal Reserve cuts interest rates, the housing market breathes a sigh of relief—mortgage rates fall, buyers rush in, and prices hold steady. But economist Richard Werner has spent decades challenging this assumption. His research shows that interest rates don’t lead the economy—they follow it. When growth slows, rates fall […]
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