94403: The Market Shift to Start 2026
Median held at $1.75M with 22 day average market time.
What Happened In January
January brought a noticeable jump in fresh inventory. New listings climbed to 30, up from a prior 3 month average of about 19 per month. Even with more homes hitting the market, closings slowed to 8 versus the prior 3 month average of 12, and the median held near $1.75M. Buyers had more to choose from, but decisions still took time, with average days on market around 22.
What Did Not Change
Competition is still showing up when a home is priced and presented well. Even with fewer closings, the average sale to list stayed strong at about 108%, signaling buyers are still willing to stretch for the right home. When something checks the boxes, it can still move quickly and aggressively.
Year Over Year Lens
Compared with January 2025, pricing cooled modestly, but leverage stayed with sellers on well positioned listings. Median moved from roughly $1.85M to $1.75M, while average days on market improved from about 36 to 22 and sale to list remained above 105%. Versus January 2024, the market is meaningfully higher on price and more competitive overall.
TWO PATHS, ONE SIMPLE PLAN
IF YOU ARE SELLING IN 2026
Buyers are paying attention and they are selective. Homes that are clean, well presented, and priced with intention are still the ones that create urgency, even in slower periods.
IF YOU ARE BUYING IN 2026
Early year can be a strong window. When pace is slower, you can sometimes find better terms, especially on homes that have been sitting longer, before the spring competition ramps up.
REVIEWS
FAQs
Why can the market feel competitive even when sales slow down?
Sales can slow for seasonal reasons, fewer closings scheduled that month, or buyers taking longer to decide. But if inventory is still limited or the best homes are scarce, the homes that are priced right and show well can still attract multiple offers. Slow sales volume does not always mean weak demand.
Does a higher sale to list ratio always mean bidding wars?
What does months supply mean?
What does “median sales price” mean, and why not use average?
What is “days on market” and how should I interpret it?
How do I get a local snapshot for my specific street or micro neighborhood?
