Spring took a breath. The clock stretched.
May normally adds momentum to spring. This May added depth and patience instead. New listings rebounded strongly from April's pullback, the under-contract pipeline started refilling, and sales pace held roughly even with last May. The median sale price dipped about nine percent year over year, and the clock from list to under contract stretched seventy one percent. None of that is a market in trouble; it is a market with more selection and a buyer pool taking its time to choose.
The average sale price held almost flat year over year while the median fell. That mix tells you the high end transacted at roughly the same pace, but the middle of the market saw more turnover at slightly lower prices. The supply build continued, but the absorption side stayed steady. For the short read on where your home would price into this, my what is my home worth in Hurricane page is the fastest place to start.