Michelle Smith, 2025 SWMLS Director, posed the question on many minds: Did the market slow down for a summer snooze, or are we seeing the early signs of a shift?

A shifting market isn’t just one odd number—it’s a pattern of several key indicators pointing in a new direction. July’s Green Sheet suggests just that, with some metrics leaning away from what’s been typical.

Here are the signals she highlights:

• Inventory: Watch for any sharp increases or decreases in homes for sale.
• Month’s Supply: Is it holding, or trending toward a more buyer- or seller-friendly market?
• Pricing: Are home prices continuing to climb, or showing signs of softening?
• Sales Activity: How do pending and closed sales compare to last year?

While these changes don't confirm a full trend yet, they warrant attention. Michelle emphasizes that a shifting market isn’t negative—it simply means it's time to adjust our strategies and stay informed to better support clients. The data might not shout "change" just yet, but it’s certainly whispering.

Stay tuned for more insights next month!

To view the latest Market Statistics, visit https://www.gaar.com/market-statistics