Homes are selling in a median of 63 days , a significant 31.25% increase from last year, indicating that properties are staying available longer.

Look for properties that have been on the market longer than the 63-day median. These sellers may be more open to price adjustments.

10 Things You Should Look for When Buying an Apartment Building

Active listings have increased by nearly 14% over the past year, offering a broader selection of properties.

Properties are currently selling for an average of 2.29% below the asking price . Multi-Family Investment Insights

While residential for-sale prices have dipped slightly, the rental market remains stable, with average rents around $3,121 . This provides a predictable cash flow for prospective landlords. Comparative Neighborhood Pricing