A meaningfully thinner quarter, on a noticeably softer mix.
Thirty-five single-family closings in Q3 against fifty-one a year ago. Total dollar volume of twenty-two million against forty-one, a forty-seven percent step back. Median sale price compressed to five hundred thirty-five thousand from seven hundred sixty-nine, a thirty percent move. Average sale price down twenty-three percent.
What actually happened: the upper-end buyer pool that drove Q2's results stayed quieter through the summer than in 2024, and the supply pool that built through spring did not get absorbed at the higher mix levels. The quarter's closings concentrated in Ivins's entry and lower-mid tiers, which is why the median compressed so sharply.
The percent of list held at ninety-seven. Time on market and days to close were within a few days of last Q3. The per-deal behavior was normal; the mix and the count were not.