New Listings Rise as Summer Comes to a Close

As we transition out of summer, we're seeing a notable uptick in new home listings across the U.S.—up 1.2%, reaching a three-month high. At the same time, pending sales have dipped by 1.3%, settling at their lowest point since March. The median asking price has edged down by 0.1%, even though the median sale price is still 1.8% higher than last year. Higher mortgage rates and ongoing economic uncertainty are factors shaping these numbers. After 27 years as a full-time REALTOR and a lifetime of service to my Colorado community, I know how important it is to navigate these market shifts with integrity and expertise. These trends highlight the value of having a knowledgeable advocate in your corner as you consider your next move.