February 2026-Days On Market Increases

Queensbury, NY-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 4.9 percent to 276. Pending Sales increased 11.7 percent to 248. Inventory increased 4.8 percent to 722.

Median Sales Price decreased 5.8 percent from $414,158 to $390,000. Days on Market increased 15.9 percent to 51. Months Supply of Inventory increased 4.8 percent to 2.2.

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 at1.22 million units as of the most recent reading, up 3.4% from one yearearlier, representing a 3.7-month supply at the current sales pace.

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.