Nine sales, with the clock running long.
Nine single-family closings against twelve last September. Days on market for those nine homes ran ninety-seven, more than double last September's forty-one. Days to close pushed to one hundred nineteen. The median came in at six hundred fifteen thousand, up modestly against last September's five hundred ninety-two.
The honest read: this is the second consecutive thin-sample month, and the more important number is not the median. It is the clock. Time from list to under contract more than doubled. Time from offer to close ran six weeks longer than a year ago. The trades that did happen this September took meaningfully longer.
Active inventory ran twenty-five percent ahead of last September, and new listings landed sixteen percent higher. Supply continues to build. The buyer pool that historically returns in September was thinner than usual this year, and the homes that did transact were homes that had been on for a while.