Who had the edge in the week ending Oct 3, 2026? The gauge says “Favors buyers” (67 out of 100), moving from “Leans buyers” last week. The main reasons: months of supply at 4.5 (higher than 4.3 a week earlier) and a price cut on 9% of listings.
What changed
- Inventory. Months of supply at 4.5 (higher than 4.3 a week earlier); 20,974 homes were for sale in the metro area.
- The flow of new homes. 1,631 new listings against 1,577 the week before, and 1,083 new pending sales against 1,120.
- Reductions. 9% of listings had a price cut, higher than last week’s 8%.
- The rate backdrop. The Freddie Mac 30-year average was 7.28% (week of Oct 1, 2026), higher than the prior week’s 7.03%.
If you are buying
- This is not the week to wait on paperwork: at 4.5 months of supply, a well-prepared offer stands out.
- Reductions are showing up on about 9 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.