April 2026- Days on Market Increases

Queensbury, NY- U.S. existing-home sales fell 3.6% month-over-month and 1.0% year-over year to a seasonally adjusted annual rate of 3.98 million, according to the National Association of REALTORS® (NAR), as tight supply and ongoing affordability challenges constrained activity. Sales declined month-over month in all four regions. Year-over-year, sales increased in the South and West but fell in the Midwest and Northeast.

New Listings decreased 8.6 percent to 486. Pending Sales decreased 12.4 percent to 303. Inventory decreased 1.8 percent to 825.

Median Sales Price decreased 6.0 percent from $407,500 to $383,000. Days on Market increased 12.8 percent to 44. Months Supply of Inventory decreased 3.8 percent to 2.5.

Nationally, the median existing-home price rose 1.4% from a year earlier to $408,800, marking the 33rd consecutive month of year-over-year price increases as limited inventory continued to put upward pressure on prices, NAR said. There were 1.36 million homes for sale heading into April, up 2.3% from a year earlier, representing a 4.1-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.