February Market Report

Despite improving affordability conditions, U.S. existing-home sales declined 8.4% to a seasonally adjusted annual rate of 3.91 million, a 4.4% drop from one year earlier, according to the National Association of REALTORS® (NAR). The slowdown followed a 5.1% increase the previous month and modest gains throughout the fall. Sales retreated month-over-month and year-over-year in all four regions.

New Listings increased 7.7 percent to 84. Pending Sales decreased 2.6 percent to 75. Inventory decreased 4.1 percent to 471.

Median Sales Price increased 26.4 percent from $197,850 to $250,000. Days on Market increased 51.8 percent to 129. Months Supply of Inventory decreased 10.6 percent to 4.2.

Nationally, the median existing-home price inched up 0.9% year-over-year to $396,800, a new high for the month, NAR reported. Home prices have continued to rise across much of the country, in part due to low supply, which remains below pre-pandemic levels. Total housing inventory stood at 1.22 million units as of the most recent reading, up 3.4% from one year earlier, representing a 3.7-month supply at the current sales pace.

Curious about the current value of your home? Don’t hesitate to reach out to a member of the Kira Witherwax Team at RE/MAX North Country.

To view the full Market Report for February download the link below.

ACVMLS - February 2026 Housing Report - MARCH Release.pdf

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