January 2026- New Listings Increased

Queensbury, NY- U.S. existing-home sales climbed 5.1% month-over-month and 1.4% yearover-year to a seasonally adjusted annual rate of 4.35 million units, the strongest pace in nearly three years, according to the National Association of REALTORS® (NAR). Lower mortgage rates and slower home price growth helped spur buyer activity, and sales increased month-over-month in every region. On an annual basis, sales rose in the South, held steady in the West and Midwest, and declined in the Northeast.

New Listings decreased 8.0 percent to 286. Pending Sales decreased 14.1 percent to 213. Inventory increased 4.1 percent to 754.

Median Sales Price increased 5.4 percent from $389,000 to $410,000. Days on Market decreased 7.1 percent to 39. Months Supply of Inventory increased 4.5 percent to 2.3.

Nationally, there were 1.18 million homes for sale heading into January, an 18.1% decline from the previous month but 3.5% higher compared to the same period last year, representing a 3.3-month supply at the current sales pace, according to NAR. Meanwhile, the median existing-home price rose 0.4% from a year ago to $405,400, reflecting a continued moderation in national price growth.

Residential activity in the counties of Essex, Hamilton, Saratoga, Warren, and Washington is composed of single-family properties, townhomes, and condominiums combined.  Percent changes are calculated using rounded figures.