Who had the edge in the week ending Aug 8, 2026? The gauge says “Leans buyers” (58 out of 100), unchanged from last week. The main reasons: months of supply at 3.9 (about the same as 3.9 a week earlier) and a price cut on 8% of listings.
What changed
- Inventory. Months of supply at 3.9 (about the same as 3.9 a week earlier); 20,876 homes were for sale in the metro area.
- The flow of new homes. 1,737 new listings against 1,853 the week before, and 1,248 new pending sales against 1,237.
- Reductions. 8% of listings had a price cut, about the same as last week’s 8%.
- The rate backdrop. The Freddie Mac 30-year average was 6.69% (week of Aug 6, 2026), about the same as the prior week’s 6.66%.
If you are buying
- This is not the week to wait on paperwork: at 3.9 months of supply, a well-prepared offer stands out.
- Reductions are showing up on about 8 in 100 listings, a reminder that asking price is where negotiation starts.
If you are selling
- New listings ran ahead of new contracts this week. A sharp price and strong photos help a listing get noticed.
- Ask Rudy for the sales and current listings closest to your home before you set a price.
A gauge or an average cannot value a single home. Use this page to understand the market’s mood, then look at the specific homes and streets you care about.