realMLS Blog

February 2026 Market Data

In February 2026, the market recorded 1,918 closed sales, marking a strong 21.5% increase from January and a 3.2% gain year-over-year, signaling continued momentum as we move into the spring market. The median sales price rose to $351,750, up 2.0% month-over-month and 0.5% compared to February 2025. The median price per square foot increased to $198, up 2.6% from January but slightly down 1.0% year-over-year.

Homes spent a median of 52 days on market, a 3.7% decrease month-over-month, though still 10.6% higher than this time last year, indicating improving activity but continued balance compared to peak seller conditions.

Active inventory climbed to 9,662 listings, up 3.6% from January, while remaining 13.1% below February 2025 levels. New listings totaled 3,150, down 10.1% month-over-month and 17.8% year-over-year, suggesting sellers are entering the market more cautiously as competition continues to stabilize.

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