Market Overview
Inventory rose 76% YoY to 4,145 units, with the biggest gains in homes under $500K.
Sales declined 19% YoY to 1,721 but remained above historical averages.
New listings hit 2,830, keeping the market more balanced.
Benchmark price: $587,600 (+1% YoY).
Detached Homes
Sales: 765 (-20% YoY), New Listings: 1,265 (+6% YoY).
Inventory up 61% YoY, months of supply improving.
Benchmark price: $760,500 (+5% YoY).
Semi-Detached Homes
Sales: 165 (-14% YoY), New Listings: 240 (+7% YoY).
Inventory up 46% YoY, varying supply across districts.
Benchmark price: $683,500 (+7% YoY).
Row Homes
Sales: -9% YoY, New Listings: +4% YoY.
Inventory more than doubled but below historical levels.
Benchmark price: $446,880 (+3% YoY).
Apartment Condos
Sales: 473 (-26% YoY), New Listings: 852 (record high for February).
Inventory up 90% YoY, months of supply at 3.1 months.
Benchmark price: $334,200 (+4% YoY).
