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New listings hit a four-year high

After more than 35 years as a full-time real estate broker, I’ve seen the market ebb and flow—and right now, we’re in a unique moment. New listings have climbed 8%, marking the highest activity since August 2022. Active listings are approaching a more balanced level, which is good news for buyers and sellers alike. However, with pending sales at a low and mortgage rates holding at 6.66%, affordability remains a real challenge, even as median prices continue to inch up by 2.2%. Navigating these shifting dynamics takes experience and perspective—something I’ve built over decades in this business.

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