Prices firm. Count soft. Shelf deep.
May produced a three-way divergence. The median climbed sharply year over year, the closed count pulled back materially, and the active shelf grew by more than a third. That combination usually means the mix tilted higher and the upper-tier homes did meaningful trading. Pace stayed at last May's clock; percent-of-list ratio held its strong level.
The supply build is the cleanest signal in this report. Listings are arriving and accumulating, but the closing count has not yet stepped up to match. Buyers had real selection, and the first homes that priced cleanly captured the attention. For the short read on where your home would price into this market, my what is my St. George home worth page is the fastest place to start.