With Some Exceptions... We’ve closed the books on January, and early indicators suggest 2026 is shaping up to be another strong year for home equity. You can see the data here. Let’s break down the numbers: Single Family Homes (Page 1) Only 316 SFHs sold countywide in January—17.9% fewer than January 2025—showing significantly reduced market activity. As expected, prices responded: the median sales price jumped 15% year over year. Notably, we ended 2025 at the same median price as December 2024 ($700,000) and then rose $65,000 in just one month. While this spike is likely influenced by a small January sample size, I do expect an early and strong influx of buyers this year. SFH Buyer Demand (Page 2) January and February are traditionally the slowest months, with faster sales typically beginning in March. Buyer demand is already strong—January 2026 Average over Asking is trending higher over ask than prior Januaries, despite being an off-peak month. Competition remains focused on move-in-ready homes, while properties needing work continue to struggle. I expect this pattern to persist in 2026, with new highs in median prices driven by turn-key listings. If you’re considering selling this year, now is the time to prepare. Condos (Pages 4-5) The condo market remains highly volatile. Median price jumped from $389,900 in December 2025 to $440,000 in January—one of the largest month-over-month changes I’ve seen. Higher-priced, move-in-ready condos are commanding the strongest over-ask results, reinforcing the premium buyers place on quality and condition. Condo Inventory (Page 6) New Pending Condo sales remain soft, not due to a lack of buyers, but a lack of desirable inventory. For sellers, the choice is clear: reduce price or improve the product. My analysis consistently shows that improving a home before listing delivers better overall results. If financing improvements is a concern, I’m happy to connect you with lenders who offer products designed specifically for pre-sale renovations. As always, I’m happy to chat—reach out anytime with questions!