A working spring, with supply outpacing demand.
Sixty-one single-family closings against sixty-one last Q2. Total dollar volume of fifty-two million against fifty-seven, a nine percent step back on a slightly lighter average mix. Median sale price came in nearly flat at seven hundred seventy thousand. Active inventory ended Q2 thirty-six percent ahead of last Q2.
The clean read is that Q2 2025 was a working spring that fully absorbed the seller-side activity of Q1 but did not push back on inventory levels. The supply pool kept building underneath while transaction count held steady. Percent of list held at ninety-eight in both periods.
This is the pattern of a market that has reached a comfortable equilibrium between supply and demand at the current pricing. Neither side moved meaningfully. The forward question is whether summer pulls demand or supply harder.