445 Sold, Days on Market Drop 17%, Supply Tightens in the $250K–$500K Band
Data period: May 2026 • Compared to: April 2026
| Metric | May 2026 | vs. April |
|---|---|---|
| Sold Listings | 445 | +14.4% |
| New Listings | 440 | +2.4% |
| Active Listings | 1,298 | -1.3% |
| Under Contract | 452 | -14.2% |
| Avg. Days on Market | 87 days | -16.7% |
| Months of Supply ($250K–$500K) | 2.67 | Apr: 3.07 |
| Sold-to-List Ratio ($250K–$500K) | 98.9% | Apr: 99.2% |
What the Numbers Say
May closed strong locally — 445 sold listings, up 14% from April, with the core $250K–$500K price band tightening to 2.67 months of supply. Sellers in that range are receiving 98.9% of list price. Days on market dropped 17% from April to 87 days, though they remain slightly elevated compared to this time last year.
Brian's Take
Active listings are up 5.8% from this time last year — and what that's actually doing is adding pressure on sellers, not relief for buyers. More homes on the market means more competition for every offer. What I'm seeing right now is sellers having to come out lower than they expected, or reduce after sitting. The math is simple: the more options a buyer has, the less urgency they feel. If you're listing this summer, that inventory number is the reason you need to be priced right from day one — not from where you hoped the market was.