HAR Report: The median price declined 0.9% to $322,078, while the average price increased 2.0% to $415,091. The average price per square foot was down slightly to $170, the lowest level since January 2024, when it was $169.
Active listings of single-family homes rose 15.2% from a year earlier to 35,128 available properties. Housing supply grew to 4.8 months of inventory, up from 4.3 months last February. The National Association of Realtors reports a national average of 3.7 months.
Broken out by housing segments, single-family home sales performed as follows:
$1 - $99,999: increased 36.6% (97 transactions)
$100,000 - $149,999: increased 23.6% (183 transactions)
$150,000 - $249,999: increased 12.2% (1,263 transactions)
$250,000 - $499,999: decreased 9.9% (3,192 transactions)
$500,000 - $999,999: statistically flat (938 transactions)
$1M and above: increased 9.5% (241 transactions)
HAR also breaks out sales figures for existing single-family homes. In February, sales rose 5.0% year-over-year, with 4,019 closings compared to 3,826 a year ago. The average price edged up by 0.6% to $421,772, while the median price declined 1.5% to $320,000.
HAR will publish its February 2026 Rental Market Update on Wednesday, March 18.