July produced fewer successful transactions and fewer listings moving toward closing. At the same time, active listings increased while expired and withdrawn listings rose sharply, indicating slower market velocity and more difficulty converting inventory into completed sales.

Although overall active inventory increased by only 4.1%, homes below $300,000 expanded 35.1%. Approximately 27.7% of July’s active listings were below $300,000, compared with 21.4% in June. “Homes priced below $300k” includes active listings below $301,000.

Closed prices rose, while average closed price per square foot declined slightly. Sellers achieved 98.44% of list price but contributed an average $9,017 toward buyer closing costs—about $1,080 more than in June. Active and pending prices both moved lower, suggesting lower-priced near-term closings or stronger buyer negotiation.

Closed listings sold about seven days faster than in June, while active listings accumulated two additional days on market. Well-positioned homes continued to secure buyers while less competitive inventory remained available longer.