September brings a few important shifts in the U.S. housing market. In August, pending sales dipped by 0.2% and contract signings fell 3.7%. The median list price dropped by 1%—marking the tenth consecutive month of decline. Inventory is up by 3.6%, though it’s still not back to pre-pandemic levels, keeping affordability at the forefront for many buyers and sellers.
With more than two decades helping families in the Western Suburbs, I always pay close attention to metrics like these. My background in banking and commercial real estate helps me put these numbers in context—especially when it comes to understanding value and navigating changing conditions. As inventory shifts and prices continue to adjust, recognizing quality and true opportunity becomes even more important for both buyers and sellers. I’m always focused on helping my clients make sense of these trends so they can make confident decisions about their next move.
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