1. Price Trends Are Not Linear
Even in a cooling market, monthly price statistics will fluctuate. A dip one month might be followed by a rise the next. Real estate is seasonal, regional, and driven by buyer behavior, so do not expect a perfectly straight line in either direction.

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2. One Month of Data Is Not a Trend
Month-to-month snapshots are just that: snapshots. True trends reveal themselves over time. Avoid making bold claims based on a single data point, especially when market sentiment and buyer patterns are shifting frequently.

 

3. Median Prices Can Be Misleading
An increase in the median sales price does not necessarily mean homes are gaining value. It could simply mean more expensive homes are selling. This is called a mix shift, and it is especially important in smaller markets where fewer transactions can distort the numbers.

 

4. Closed Sales Lag Reality
Today’s closed sales reflect buyer behavior from weeks ago. If supply is rising now, it will not appear in sold price data immediately. This time gap makes it essential to compare past sales with what is happening in current listings and showings.

 

5.This Is Not a 2008 Repeat
Yes, the market is shifting. But we are not seeing the same collapse that occurred in 2008. Inventory is increasing but remains far below the crisis levels from that period. Current price declines are real but relatively modest. It is important to keep things in context and avoid exaggerated conclusions.

 

6. Seasonal Comparisons Can Skew Interpretation
Because the 2025 spring market peaked early, we are now comparing a slower summer to a stronger period from the year before. This makes the current year look weaker than it may actually be. Timing matters when evaluating year-over-year changes.

 

7. The Market’s Mood Can Change Quickly
Interest rates, job reports, and consumer sentiment all impact the housing market. These factors shift regularly, which means today’s outlook may look different in just a few weeks. It is important to monitor changes consistently.

 

8. Not All Segments Are Created Equal
New construction has slowed, and condos are facing challenges due to insurance costs and lending criteria. At the same time, resale homes that are priced right and located in desirable areas are still seeing activity. Each segment of the market has its own trends and timing.

 

9. High-End Homes Are Also Slowing
Luxury listings are not exempt from the broader market shift. While higher-end sales volume might look strong on the surface, many of these properties are sitting longer or experiencing price reductions. The slowdown is affecting all price ranges.

 

10. The Market Is Still Fundamentally Broken
Although inventory is increasing, the market remains out of balance. Low interest rates from previous years have kept many sellers on the sidelines, limiting available housing. Affordability remains a challenge, and buyer demand is inconsistent. It will take time and broader changes before the market can fully stabilize.