Single Detached
Months of inventory for single detached homes numbered 7.9 at the end of the third quarter of 2025, up from the 6.8 months recorded at the end of the third quarter of 2024.
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 third quarter of 2025 than they had a year earlier.
The median number of days on market for sold single detached homes was 59 in the third quarter of 2025, up from 48 days in the third quarter of 2024.
Apartment
Months of inventory for apartment units numbered 5.5 at the end of the third quarter of 2025, up from the 4.2 months recorded at the end of the third quarter of 2024.
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, apartment units spent more time on the market in the third quarter of 2025 than they had a year earlier.
The median number of days on market for sold apartment units was 60 in the third quarter of 2025, up from 50 days in the third quarter of 2024.
