Published October 27, 2026 in Market Update

17 Homes for Sale, and All of Them Could Be Gone in 6 Weeks

By Cynthia Nina-Soto | Nina-Soto Realty

Real estate, Vibes

People talk about this market like it has cooled off. The data says something different. Right now, there are 17 homes for sale. At the pace homes have been selling, every one of them would be gone in 1.2 months. Real estate people say a market favors sellers when supply drops under 4 months. We are sitting at less than a third of that.

1.2 months of supply means sellers still hold most of the cards

44 homes sold in the last 90 days. That works out to about 14.7 sales a month. With only 17 homes for sale right now, there is simply not enough to go around. When buyers outnumber homes, sellers do not have to give much ground. The typical home sold for 100.7% of its last asking price, and 100.1% of what it first asked. That means buyers are not just paying full price. They are paying a little over it.

Price homes at $600K to $700K and nearly 9 in 10 sell above asking

Not every price range performs the same, and that gap matters when you are picking a number. Homes priced between $600,000 and $700,000 had the strongest results: 85.7% of them sold at or over their asking price. The typical home in that range sold for $702,500, took 8 days, and the one that did not sell gave up at a rate of just 6.7%. At the other end, homes priced at $950,000 and up sold for 97.1% of what they first asked, meaning buyers in that range pushed back and got a little. The sweet spot for getting over asking, by a wide margin, was $600,000 to $700,000.

List in week one or give up 7.5 points off the top

The week a home finds a buyer matters more than most sellers expect. Homes that went under contract in their first week sold for 107.5% of what they first asked. Homes that took into the second week got exactly 100%. That is a 7.5-point gap between getting into contract fast and getting in slow. The typical home that sold in week one took 6 days and sold for $765,000. Week two homes took 10 days and sold for $680,000. The first week is not just faster. It is worth more money. Homes that sat longer than a month made up a smaller slice of sales, and the pattern held: the longer a home waited, the more ground it gave back.

What this means if you are selling or buying right now

If you are selling, the supply number is working in your favor, but it is not a blank check. More than a third of the homes currently for sale, 35.3% of them, have already dropped their price. The typical cut is $50,450, and the biggest single cut so far is $154,900. Those are homes that came out too high and had to walk it back. The data is clear: homes priced right for their range sell fast and over asking. Homes that start high give up ground and sometimes give up entirely. Twelve homes in this market came off with no sale and never came back.

If you are buying, 1.2 months of supply means you are competing. The typical home sold in 9 days. If you wait for a second showing or a slower weekend, the home is likely gone. That said, rates have come down slightly. The 30-year fixed averaged 7.32% as of October 22, 2026, down from 7.40% the week before, according to Freddie Mac's weekly rate survey. That is a small move, but on a $700,000 purchase it adds up over time. Know your number before you walk into a showing, and be ready to move in the first week.