Single Detached
Months of inventory for single detached homes numbered 3.8 at the end of the first quarter of 2026, up slightly from the 3.6 months recorded at the end of the first quarter of 2025.
The number of months of inventory is the number of months it would take to sell current inventories at the current rate of sales activity.
With a more balanced market, homes spent more time on the market in the first quarter of 2026 than they had a year earlier.
The median number of days on market for sold single detached homes was 26 in the first quarter of 2026, up from 19 days in the first quarter of 2025.
Townhouse
Months of inventory for townhouse and row units numbered 3.2 at the end of the first quarter of 2026, unchanged from the 3.2 months recorded at the end of the first quarter of 2025. This was the highest level of months of inventory ever recorded in a first quarter.
The number of months of inventory is the number of months it would take to sell current inventories at the current rate of sales activity.
Despite an equally balanced market, townhouse and row units spent more time on the market in the first quarter of 2026 than they had a year earlier.
The median number of days on market for sold townhouse and row units was 38 in the first quarter of 2026, up from 25.5 days in the first quarter of 2025.
Apartment Units
Months of inventory for apartment units numbered 6.5 at the end of the first quarter of 2026, down from the 7.3 months recorded at the end of the first quarter of 2025.
The number of months of inventory is the number of months it would take to sell current inventories at the current rate of sales activity.
Despite a tighter market, apartment units spent more time on the market in the first quarter of 2026 than they had a year earlier.
The median number of days on market for sold apartment units was 48 in the first quarter of 2026, up from 35 days in the first quarter of 2025. This was the highest median number of days on market for sold apartment units ever recorded in a first quarter.
