📊 Home Sales – 293 homes sold in November, up 1% year-over-year, showing steady closing activity despite seasonal slowing. Sales remain strong year-to-date, reinforcing long-term market stability. Median sale price: Increased by approximately $25,000 year-over-year, now at $535,000.
📝 Pending Sales – 346 homes went under contract, a 12% increase year-over-year. Strong pending activity signals healthy buyer demand heading into December and early 2026. Increased pendings suggest continued closings momentum despite the holiday season.
💰 Pricing Trends – Average sale price: Exceeded $683,000, driven largely by strong luxury-market performance. Median sale price: $535,000, reflecting solid appreciation and buyer confidence. Price stability continues across most price ranges in Washington County.
🏘️ Luxury Market – Activity 4 homes closed between $2M–$3M, double the number from last November. 5 homes closed over $3M, compared to zero at this time last year. 11 luxury homes over $2M went pending, up from just 1 last year — an 11× increase. Luxury demand is accelerating and contributing significantly to overall market strength.
📦 Inventory Levels – 1,865 active homes for sale at the end of November. Inventory remains 16% higher year-over-year, giving buyers more choices. 393 new listings, down about 5% compared to last November — typical for the holiday season.
📉 Interest Rates – Recent Federal Reserve activity has helped push mortgage rates lower. Current rates are hovering around 6.39%–6.59%, improving buyer affordability and activity.
🔍 Market Insight – November reflects a market that is adjusting naturally, not slowing down. Increased inventory, strong pending sales, and stable pricing point to a healthy and balanced market. In this environment, having a trusted, experienced real estate professional is more important than ever.
