Statewide existing single-family closings hit 24.1K in Early-Q2, ↑~2% yearly, while condo-townhouse closings reached 9.3K, ↑~7%, showing activity across ownership segments despite affordability pressure.
Median single-family prices reached $420K, ↑~2% yearly. Condo-townhouse prices held at $315K, signaling statewide values are no longer in broad retreat as appreciation cooled.
New pending contracts point ahead: single-family deals ↑~8% yearly, condo-townhouse contracts ↑~15%, and an expert expects sales gains to continue into Mid-Q2 and Late-Q2 2026.
Condo momentum stands out after earlier financing, insurance, and fee challenges. A mortgage professional observed buyers showing confidence and steadier activity in 2026.
Inventory remains uneven: single-family supply sat at 4.7 mo, while condo-townhouse supply reached 8.9 mo, reinforcing local REALTOR® guidance for buyers and sellers.
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