Market Update

Market updates

One letter a month for each market I follow, with the numbers behind it.

Published September 25, 2026 in Market Update · Boston

Boston has more choices, but buyers are still showing up

Inventory is up sharply across Boston, yet sales and pending contracts both rose in the three months ending July 31, 2026, which tells you that price and prep still do the heavy lifting.

By Vladimir Babic
Homes sold
up 6.8% year over year
Homes for sale
up 25.9% year over year
Pending sales
up 5.5% year over year
Read the letter

Published September 25, 2026 in Market Update · Boston

Boston has more choices, but homes are still moving

Inventory is up sharply across Boston, yet buyers are still closing deals at nearly full asking price.

By Vladimir Babic
Homes sold
up 6.8% year over year
Homes for sale
up 25.9% year over year
New listings
up 6.3% year over year
Read the letter

Published September 25, 2026 in Market Update · Bedford, NH

Bedford still has very little for sale

With only 1.5 months of supply and nearly 6 in 10 homes selling above list price, the three months ending July 31, 2026 kept the edge with well-prepared sellers in Bedford.

By Vladimir Babic
Homes sold
Up 12.2% from a year before
Median sale price
Up 0.8% from a year before
Median days on market
7 days longer than a year before
Read the letter

Published September 25, 2026 in Market Update · Boston

Boston has more choices, but homes are still moving

Inventory is up sharply, but buyers are still signing contracts, which means pricing and preparation decide who wins.

By Vladimir Babic
Homes sold
Up 6.8% from a year before
Pending sales
Up 5.5% from a year before
New listings
Up 6.3% from a year before
Read the letter

Published September 25, 2026 in Market Update · Sea Coast

Rates are high, but one part of Sea Coast still moved fast

In the three months ending July 31, 2026, pricing still drove results across Sea Coast, even with a 7.03% mortgage rate.

By Vladimir Babic
Median sale price
Unchanged from a year before
Median days on market
26 days shorter than a year before
Sold above list
Up 26.7 points from a year before
Read the letter

Published September 24, 2026 in Market Update · Sea Coast

Sea Coast has more room for buyers now

More homes, higher rates, and pickier buyers mean pricing and prep matter more than they did a year ago.

By Vladimir Babic
Homes sold
Down 23.5% from 2025
Median sale price
Down 16.8% from 2025
Median days on market
4 days longer than 2025
Read the letter

Published September 24, 2026 in Market Update · Market 1

Market 1 is tighter than the national market

While national supply sits at 4.9 months, every ZIP code in Market 1 is well under 2 months , and buyers are still paying over list price.

By Vladimir Babic
Homes sold
Up 7.7% year over year
Homes for sale
Down 14.8% year over year
New listings
Up 0.7% year over year
Read the letter

Published September 24, 2026 in Market Update · Boston

Boston has more homes to pick from now

Inventory is up sharply across Boston, and that changes what sellers need to do to stand out.

By Vladimir Babic
Homes for sale
Up 25.9% year over year
Homes sold
Up 6.8% year over year
New listings
Up 6.3% year over year
Read the letter

Published September 24, 2026 in Market Update · Boston

Boston has more choice, but buyers are still showing up

Inventory is up sharply across Boston, yet sales and pending contracts both rose in the three months ending July 31, 2026.

By Vladimir Babic
Homes sold
Up 6.8% year over year
Homes for sale
Up 25.9% year over year
Pending sales
Up 5.5% year over year
Read the letter

Published September 24, 2026 in Market Update · Boston

Boston has more choices, but buyers are still showing up

Inventory is up sharply across Boston, yet 486 homes still sold in the three months ending July 31, 2026, and pending sales rose too.

By Vladimir Babic
Homes sold
Up 6.8% from a year before
Homes for sale
Up 25.9% from a year before
Pending sales
Up 5.5% from a year before
Read the letter

Published September 24, 2026 in Market Update · Boston

More Boston listings are giving owners more room to plan

Inventory across Boston jumped 25.9% year over year, and that shift changes what sellers need to do to stand out.

By Vladimir Babic
Homes sold
Up 6.8% year over year
Homes for sale
Up 25.9% year over year
New listings
Up 6.3% year over year
Read the letter

Published September 24, 2026 in Market Update · Sea Coast

03840 has more inventory, even with prices up

In the three months ending July 31, 2026, homes for sale in 03840 jumped 52.2% while the median sale price rose 8.8%, so buyers there have more options than a year ago.

By Vladimir Babic
Median sale price
Up 8.8% from a year before
Homes for sale
Up 52.2% from a year before
Months of supply
Up 2.8 months from a year before
Read the letter

Published September 24, 2026 in Market Update · Auburn, NH

Auburn prices kept rising, even with 7.12% mortgage rates

The Real Estate Data Aggregator counted 30 homes sold in Auburn in the three months ending July 31, 2026, and the median price climbed 6.7% from a year before, even as CNBC put the 30-year rate at 7.12%.

By Vladimir Babic
Months of supply
Down 2.4 months from a year before
Homes for sale
Down 53.3% year over year
Median days on market
11 days shorter than a year before
Read the letter

Published September 24, 2026 in Market Update · Sea Coast

Rates are high, but 03801 sellers still have more competition

In the three months ending July 31, 2026, inventory in 03801 jumped 30.8% from a year ago, even as CNBC reported the average 30-year rate hit 7.12% on September 23, 2026.

By Vladimir Babic
Median sale price
Down 16.8% from a year before
Homes sold
Down 23.5% from a year before
Median days on market
4 days longer than a year before
Read the letter

Published September 24, 2026 in Market Update · Portsmouth, NH

Portsmouth prices moved against the national trend

While U.S. prices climbed, the median sale price in Portsmouth's 03801 ZIP code fell 16.8% year over year, to $735,000, in the three months ending July 31, 2026.

By Vladimir Babic
Homes for sale
Up 30.8% from a year before
Homes sold
Down 23.5% from a year before
Months of supply
Up 1.5 months from a year before
Read the letter

Published September 23, 2026 in Market Update · Bedford, NH

Bedford sellers still have leverage, even with higher rates

Rates are up, but Bedford's supply is tight enough that most homes are still selling over asking.

By Vladimir Babic
Median sale price
Up 0.8% from 2025
Homes sold
Up 12.2% from 2025
Median days on market
7 days longer than 2025
Read the letter

Published September 23, 2026 in Market Update · Newburyport

Prices eased, but good homes still had leverage

The Newburyport market softened a little in the three months ending July 31, 2026, yet nearly half of all homes sold above asking price.

By Vladimir Babic
Average sale-to-list ratio
Up 1.1 points from a year before
Homes sold above list price
Up 8 points from a year before
Median days on market
Only 1 day longer than a year before
Read the letter

Published September 23, 2026 in Market Update · Boston

Boston has more choices now

Inventory across Boston jumped 25.9% in the three months ending July 31, 2026, giving buyers more options and giving sellers a clearer picture of where they stand.

By Vladimir Babic
Homes sold
up 6.8% year over year
New listings
up 6.3% year over year
Pending sales
up 5.5% year over year
Read the letter

Published September 23, 2026 in Market Update · Draper 84020

Older Draper Homes Got Money Back More Often Than New Ones

More than half of older Draper homes paid buyers something back at closing, but the typical amount was far smaller than what new-home builders paid.

By Vladimir Babic
New homes that paid buyers back
7 of 21 new builds. Less common, but the amounts were larger.
Older homes that paid buyers back
More than half. If you bought an older home, odds were in your favor.
Typical payback on new homes
Nearly two and a half times the typical older-home amount of $9,000.
Read the letter

Published September 23, 2026 in Market Update · Brentwood

Which Brentwood Price Range Held Up Best at the Closing Table

Homes priced between $800,000 and $1,250,000 got at or over their asking price more often than any other range in Brentwood.

By Vladimir Babic
Under $800K
For buyers and sellers in the entry-level range
$800K to $1.25M
The strongest tier. Sellers here got full price most often.
$1.25M to $1.9M
For move-up buyers. Competition drops noticeably here.
Read the letter
Your next step

What would your home sell for today?

Text me your address and I will tell you what your home would sell for today, from the same numbers these letters are built on.