The neighborhood's primary transaction benchmark is the median sold price, which is 2,975,000, and this figure should be treated as the representative recent sale indicator for valuation and comparable selection (representative recent sale).

Sellers appear to be listing above recent transaction levels: the median listing price is 3,200,000 while the median sold price is 2,975,000, which may indicate pricing friction between seller expectations and final sale outcomes (interpret cautiously; rely on sold-price comps for offers).

Market velocity is slow relative to typical suburban norms: the median days on market is 293, which suggests slower sales velocity and longer decision windows for buyers; concurrently the sample shows a relatively constrained active supply profile that may support prices if demand persists (slower sales velocity).

Macro and demand signals are mixed: price year-over-year trend is up and rent year-over-year trend is up, the market temperature is neutral, and interest rate pressure is moderate; note financing costs in this area show a current 30-year fixed rate of 6.38%, which is 0.51% higher than the 5.87% average observed for typical loans in the area during February 2026 — this may temper buyer urgency even as prices trend upward (balanced conditions).

The primary market indicator, the median sold price of 1,514,600, shows recent transaction levels that support modest appreciation in the area and aligns with the reported up price year-over-year trend.

The gap between the median listing price of 1,407,888 and the median sold price of 1,514,600 suggests pricing friction where sellers may be achieving results above common asking levels in representative recent sales, so buyers should expect to be decisive on well-priced homes.

The median days on market of 207 points to slower sales velocity even though the market is characterized as neutral, and this slower turnover appears alongside relatively constrained active supply in the analyzed sample—liquidity may be selective rather than broad.

The median price per square foot of 713 and the median market rent of 3,250 coincide with a strengthening rental trend (up), while interest rate pressure is described as moderate—notably, current 30-year fixed mortgage rates are 6.38%, which is 0.51% higher than the 5.87% average referenced locally, and this may temper buyer urgency despite positive rent and price momentum.