Weekly Market Update (Dec 22 to Dec 29)

This Week’s Stats

New Listings: 19 ↓ (from 48)
Pending Sales: 72 ↓ (from 146)
Sold Homes: 70 ↓ (from 111)
Price Reductions: 14 ↓ (from 55)

Weekly Trend Overview

With Christmas Day landing midweek, a slowdown across all categories was fully expected and clearly reflected in the data. New listings dropped to just 19 as many sellers paused activity during the holiday stretch. Buyer movement also eased, with pending sales settling at 72, which is typical for this time of year.

Closed sales came in at 70, continuing the seasonal trend of lower volume tied more to timing than demand. Price reductions fell sharply to 14, signaling that sellers currently on the market are largely comfortable holding their pricing rather than making adjustments during the holidays.

Overall, this week reflects a classic end of year pause rather than a shift in market fundamentals.

What This Means for You

For Buyers
Less competition and fewer active listings can actually work in your favor. Sellers who remain on the market right now are often more motivated, which can create opportunities for stronger negotiations before activity ramps back up in January.

For Sellers
While activity is quieter, serious buyers are still watching closely. Listings that are priced correctly and well presented continue to stand out. Many sellers are choosing to wait until the new year, which could lead to a surge of competition once January arrives.