November Monthly Market Report
November’s market activity remained consistent with the steady pace of the fall, recording 36 sales and a total volume of $97.5 million. While most metrics declined from October, year-over-year performance was notably stronger: transactions increased by 20% and dollar volume rose 27% compared to November 2024, even as the median price dipped by 11%.
Inventory continues to grow, now at 182 listings, up from 159 a year ago. This increase gives buyers more choice, but also highlights the importance of strategic pricing.
Year-to-date results remain encouraging, with 338 sales for a total of $809 million—both ahead of last year’s figures of 321 transactions and $655 million. Despite month-to-month fluctuations, the broader trend indicates continued demand across the market. We remain optimistic about the continued strength of the market.
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