U.S. Housing Market Rebalances Slowly

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After nearly three decades watching Laguna Niguel evolve—and helping more than a thousand clients make smart moves along the way—I’ve learned that real estate is about adapting thoughtfully to change. Nationally, we’re seeing the housing market rebalance at a measured pace: active inventory is up about 4% year-over-year, but that growth has started to cool, hinting at a gradual shift that favors buyers without any dramatic surge in homes for sale. Typical time on market is holding steady at 61 days, which lines up with the usual late-summer slowdown we expect after a busier stretch earlier this year. New listings have dipped by roughly 1% compared to last year, returning us to 2025 levels—evidence that affordability remains on everyone’s mind, keeping both buyers and sellers cautious about jumping into the market. The median listing price is now $419K (down about 1% year-over-year), and price per square foot has slipped to $222, its lowest point since early 2026. While inventory gains and higher mortgage rates are tilting the balance toward buyers, the overall pace is deliberate rather than dramatic. In times like these, the focus shouldn’t be on chasing quick wins, but on making the right move for your unique situation—because real estate is never one-size-fits-all.

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