realMLS Blog

March 2026 Market Data

In March 2026, the market recorded 2,509 closed sales, representing a significant 23.8% increase from February and holding essentially flat year-over-year at -0.3%, signaling strong seasonal momentum as the spring market ramps up. The median sales price rose to $359,900, up 2.8% month-over-month and 2.8% year-over-year, demonstrating continued price stability and appreciation.

The median price per square foot registered at $197, a slight 0.5% decrease from February and 0.5% lower than March 2025, indicating modest pricing adjustments at the unit level.

Homes spent a median of 46 days on market, improving 10.7% from February, though still 24.3% higher than this time last year, reflecting a more balanced pace compared to prior seller-driven conditions.

Active inventory increased to 9,959 listings, up 7.6% month-over-month, yet remaining 13.5% below March 2025 levels, suggesting supply continues to rebuild but remains tighter than a year ago. Meanwhile, new listings climbed to 3,736, a strong 15.3% increase from February, though still 13.5% lower year-over-year, indicating sellers are re-entering the market while overall listing volume remains measured compared to last spring.

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