332 Sold, Supply Eases to 3.43 Months as Demand Softens in the $250K–$500K Band
Data period: June 2026 • Compared to: May 2026 • Source: ARMLS
| Metric | June 2026 | vs. May |
|---|---|---|
| Sold Listings | 332 | -25.4% |
| New Listings | 439 | -0.2% |
| Active Listings | 1,326 | +2.2% |
| Under Contract | 414 | -8.4% |
| Avg. Days on Market | 87 days | flat |
| Months of Supply ($250K–$500K) | 3.43 | May: 2.67 |
| Sold-to-List Ratio ($250K–$500K) | 98.6% | May: 98.9% |
What the Numbers Say
June closings pulled back locally — 332 sold listings, down 25% from May, following a slowdown in under-contract activity that showed up in May's numbers. The core $250K–$500K price band loosened from 2.67 to 3.43 months of supply, the first real easing after months of tightening. Sellers in that range are still closing at 98.6% of list price, so the shift is about more inventory relative to demand — not a change in what buyers are willing to pay.
Brian's Take
New listings barely moved this month — 439, basically flat from May. Sellers weren't rushing to list. What actually shifted was the demand side: homes going under contract dropped 8.4%, and closings dropped 25%. That's what pushed months of supply from 2.67 to 3.43 in the $250K–$500K range — not a flood of new inventory, but fewer homes getting absorbed each month. The result is the same for sellers either way: more competition for buyer attention than you had in May. If you're listing in that price band right now, you're not competing against a wave of new listings — you're competing against a slower buyer pool with more options to be picky.